Electricity Industry Participation Code Amendment (Prohibition of Save and Win-Back Approaches by Losing Retailers During a Switch Protected Period) 2020
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Explanatory note
This amendment to the Electricity Industry Participation Code 2010 (Code) comes into force on 31 March 2020.
This amendment amends the Code to ban retailer-initiated saves and win-backs by a losing retailer until 180 days have elapsed after a customer has switched to a gaining retailer. The amendments are designed to:
(a) restore competitive pressure;
(b) reduce retail margins;
(c) increase innovation;
(d) increase customer acquisition and consumer search; and
(e) place retailers on a level competitive playing field.
This amendment amends Parts 1 and 11 of the Code. The changes include:
(a) establishing a period (a switch protected period) prohibiting a losing retailer from contacting a previous customer to persuade them to terminate an arrangement with a gaining retailer;
(b) limiting the circumstances in which a losing retailer may contact a previous customer during a switch protected period; and
(c) restricting the use of customer information by a losing retailer during a switch protected period.
Legislative information
| Title | Electricity Industry Participation Code Amendment (Prohibition of Save and Win-Back Approaches by Losing Retailers During a Switch Protected Period) 2020 |
|---|---|
| Principal or amendment | Amendment |
| Consolidated version | No |
| Empowering Act and provisions | Electricity Industry Act 2010, section 38 |
| Replacement empowering Act and provisions | Not applicable |
| Maker name | Electricity Authority |
| Administering agency | Electricity Authority |
| Date made | 17 February 2020 |
| Notification date | 20 February 2020 |
| Commencement date | 31 March 2020 |
| End date | Not applicable |
| Consolidation as at date | Not applicable |
| Related instruments | Electricity Industry Participation Code 2010 |