The Australian energy market
When we talk about the transmission or distribution network, we’re referring to all the physical assets such as the poles and wires that deliver the energy to your sites. Network charges will vary according to the distributor covering that specific location and which are regulated by the NEM. Energy retailers do not determine these network costs.
The Renewable Energy Target (RET) may also impact your energy mix. The RET is a Federal Government policy that aims to generate at least 33,000 Gigawatt-hours (GWh) of electricity from renewable energy sources by 2020 through to 2030. The RET is underpinned by the issue and surrender of Large and Small Scale renewable energy certificates.