Proposed Disco sell-off reforms extend tariff cycle to 7 years
An unapproved draft due before the prime minister this week would let competing suppliers set different rates while keeping regulated last-resort supply and targeted relief for vulnerable households.
The Privatisation Commission has circulated a 25-page draft of post-privatisation power reforms for feedback; it is not yet approved and is expected to go to the prime minister this week.
The package would dismantle the uniform electricity tariff across distribution companies so competing private suppliers can charge different rates.
A Supplier of Last Resort would keep regulated tariffs and uninterrupted supply where competition is absent or a supplier fails, with targeted relief for vulnerable households.
CPPA-G would step back from its single-buyer retail role; legacy capacity obligations would move to private suppliers with customer portfolios.
The multi-year tariff period would stretch from five to seven years, and utility returns would shift to a performance-linked RIEL model.