AGL Energy Limited (AGL) is pleased with the direction of the Australian Energy Market Commission’s (AEMC) draft changes to the National Electricity Rules and National Energy Retail Rules which enable a market-led, opt-out, voluntary approach to smart meters.

AGL believes giving customers the choice over the installation of smart meters will result in better metering services, as businesses focus on the services customers want, rather than metering technology. It also gives retailers and third parties the flexibility to develop new products and services for customers, which will give customers more choice to select the product or service that best suits their personal circumstance.

About AGL:

AGL is one of Australia's leading integrated energy companies and is the largest ASX listed owner, operator and developer of renewable energy generation in the country. Drawing on over 175 years of experience, AGL operates retail and merchant energy businesses, power generation assets and an upstream gas portfolio. AGL has one of Australia's largest retail energy and dual fuel customer bases. AGL has a diverse power generation portfolio including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources including hydro, wind, landfill gas and biomass. AGL is taking action toward creating a sustainable energy future for investors, communities and customers.