| Agency overview | |
|---|---|
| Formed | 1 October 2008 |
| Superseding agencies |
|
| Jurisdiction | Tasmania, Australia |
| Minister responsible | |
| Parent department | Department of Treasury and Finance |
| Website | www |
The Office of the Tasmanian Economic Regulator, or OTTER is the Tasmanian Government agency responsible for various economic and energy supply regulating actions in the Australian state of Tasmania. OTTER is a member of the national Utility Regulators Forum, [1] and it has its headquarters in Hobart, Tasmania.
Under the Economic Regulator 2009 Act, the Tasmanian Economic Regulator replaced the former Government Prices Oversight Commission as the organization responsible for conducting investigations into the pricing of government agencies and local government bodies that are monopoly suppliers of goods and or services inside Tasmania. OTTER is also responsible for administering the Tasmanian Electricity Code and the Electricity Supply Industry Act 1995, and licensing energy suppliers in Tasmania. In 2000, through the Gas Act 2000 OTTER was given the responsibility to license gas suppliers and "facilitating the development of a gas supply industry in Tasmania". [2]
The board of the Tasmanian Economic Regulator is: [3]
| Name | Position | Term start | Term end |
|---|---|---|---|
| Glenn Appleyard | Chairman | ||
| Peter Hoult | Member | ||
| Alan Smart | |||
| Joe Dimasi | Regulator | 9 November 2015 |
In 2009, through the Economic Regulator Act 2009, The Tasmanian Economic Regulator replaced the Electricity Regulator, the Director of Gas, Government Prices Oversight Commission and the Water and Sewerage Economic Regulator, who had previously divided OTTER's duties between them.
Aurora Energy is a Tasmanian Government-owned electricity retailer in Tasmania, Australia.
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The Competition Commission was a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom. It was a competition regulator under the Department for Business, Innovation and Skills (BIS). It was tasked with ensuring healthy competition between companies in the UK for the ultimate benefit of consumers and the economy.
The National Electricity Market (NEM) is an arrangement in Australia's electricity sector for the connection of the electricity transmission grids of the eastern and southern Australia states and territories to create a cross-state wholesale electricity market. The Australian Energy Market Commission develops and maintains the Australian National Electricity Rules (NER), which have the force of law in the states and territories participating in NEM. The Rules are enforced by the Australian Energy Regulator. The day-to-day management of NEM is performed by the Australian Energy Market Operator.
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Tasmania, as an advanced economy with a globally high standard of living, uses a great deal of energy. Distinctive features of energy use in Tasmania include the high fraction of hydroelectricity usage, the absence of coal-fired electrical generation, relatively light usage of natural gas, particularly for domestic use, and a wide use of domestic wood-burning stoves. Energy production through hydroelectricity has been politically contentious, and conflicts over Tasmanian hydroelectric projects were integral to the formation of Green parties in Australia and across the world.
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