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Smart Meters for Smart Competition: Comment on Current Policy Affecting Interval Metering and Load Profiling for Full Retail Competition in Electricity
Pareto Associates

This paper provides a customer-focused review and comment on the decision by jurisdictional governments and regulators, and the Federal government, to support commencement of full retail competition (FRC) in electricity for small consumers in Australia using load profiles as the basis for settlement and billing, rather than half-hourly interval meters. The findings presented in this report demonstrate conclusively that the Minister has been incorrectly advised in regard to the possibility of mass roll-out of a "proven, cost effective interval metering solution for individual households.” The findings in the report also demonstrate that “market-based incentives” have not delivered large-scale interval meter roll-outs anywhere in the world, despite the undoubted benefits that such technology could allow consumers to access.

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