An approved Retail Market Scheme operates in the retail gas market in Western Australia. Its purpose is to ensure that the market is regulated and operated in a manner that is efficient, open and competitive, and fair to gas market participants and their customers.
The administrator of the retail market scheme is the Australian Energy Market Operator (AEMO).
The ERA’s role with respect to the Gas Retail Market Scheme includes:
- approving amendments to the Gas Retail Market Scheme, including the Market Rules (comprising the procedures, the specification pack, and the FRC Hub operational terms and conditions); and
- investigating any non-compliance with the Market Rules that is referred to the ERA by AEMO.