2025 Metering Services Review Package 2

On 28 November 2024, the Australian Energy Market Commission (AEMC) published a Final Rule to achieve universal smart meter deployment in the NEM by 2030. The Final Rule introduces a package of reforms designed to accelerate the deployment of smart meters and unlock the benefits of smart meter data.

The work packages reflect the Final Rule approach of considering several core reforms and enabling reforms to accelerate the deployment of smart meters and utilise the functionality of the smart meters. The core reforms relate to the acceleration of smart meters in the NEM and delivery of power quality data to DNSPs; enabling reforms include reducing barriers to installing smart meters and new approaches to minimise the costs for industry and consumers for testing and inspection of metering installations.

AEMO has concluded its consultation on the changes to the Retail Electricity Market Procedures under the National Electricity Rules (NER) to consider the following enabling reforms from the Final Rule.

• Development of an asset management strategy to ‘reliably test metering installation accuracy and identify metering installation condition faults in a reasonable period, regarding costs and benefits to consumers’.
• Modifying the Metering Installation Malfunction Exemption procedure and changing the Metering Installation Exemption Guideline procedure for metering installation malfunctions to comply with the new requirements of the ASMD rule.

This consultation was consulted in accordance with the Rules consultation requirements detailed in clause 8.9 of the National Electricity Rules.