The AER has released the final Retail Pricing Information Guideline and Notice of Final Instrument developed under the National Energy Retail Law (Retail Law).

The purpose of the Guideline is to guide retailers in the presentation of their standing offer prices and market offer prices.  It will assist small customers to consider and compare prices offered by retailers and enable them to make informed switching decisions for the provision of electricity and gas.

The Guideline will apply to energy retailers and will take effect from 1 July 2012, when the Retail Law is expected to commence.