Energy market in Tasmania

Electricity

Aurora Energy is the largest retailer of electricity to domestic and small business customers in Tasmania.  When full retail competition was introduced in 2014, Aurora Energy remained the sole retailer in this sector until a second retailer entered the market on 18 February 2019.

1st Energy entered the Tasmanian market, on 18 February 2019, as a retailer of electricity to domestic and small business customers.

TasNetworks is responsible for the transmission and distribution of electricity throughout Tasmania.

Hydro Tasmania is the main generator of electricity, primarily through hydro electricity generation. Electricity is also generated from the gas fired Tamar Valley Power Station and Tasmania, as a part of the National Energy Market (NEM), is connected to other NEM jurisdictions through the Bass Strait electricity interconnector.

Regulation

The Tasmanian electricity market is regulated by the Australian Energy Regulator (AER) and the Office of the Tasmanian Economic Regulator (OTTER).

Gas, wind and solar

Natural gas is supplied to Tasmania through an undersea pipeline from Victoria and is distributed by TasGas Networks.  TasGas Retail and Aurora Energy are the natural gas retailers to domestic, business and industrial customers in Tasmania.

Electricity in Tasmania is also generated through wind farms in the north-west and west of the state with more developments to be undertaken in the future.

Another form of generation is roof top solar generation, primarily installed on houses throughout the state.

Regulation

The retail pricing of natural gas in Tasmania is unregulated.