Document Actions

Reconciliation

Background

The reconciliation rule change came into effect on 1 May 2008, with subsequent minor rule amendments on 1 November 2008. Further rule amendments have been approved to come into effect on 23 August 2010 and 30 September 2010.

The reconciliation project, amongst other things, changed the market reconciliation process from differencing reconciliation to global reconciliation and introduced a new compliance regime. The retail market is reconciled using all meter readings, not just those submitted by the non-incumbent retailers, and any unaccounted for electricity will be shared amongst buyers. In addition, there are links between the registry and reconciliation systems that enable the allocation of unaccounted for electricity to be done on a fair basis.

Clean copy of approved rule changes implemented 23 August 2010

Approved rule changes implemented 30 September 2010

Correction of errors in the reconciliation process

Amendments have been made in parts H and J of the Rules to clarify the process by which invoice and volume information are resolved, and information errors are corrected.

There are three avenues within parts H and J to have information corrected:

invoice disputes (rules 10 and 11 of part H);
volume disputes (rule 12 of part J); and
correction of information by the reconciliation manager (rule 10 of part J).

To apply to have information corrected, use the Application for further reconciliation for the correction of disputed reconciliation information form.

Participant identifiers

Participants use four letter participant identifiers to access the registry and provide submission information to the reconciliation manager. The spreadsheet below contains all known current and historic participant identifiers. Historic identifiers have been end dated.

As at 1 May 2008, reconciliation participants must obtain and use participant identifiers to correctly identify that reconciliation participant’s submission information. To have a participant identifier created, please fill out the relevant sections in the registry access application form.