Consumer Data Right
The Consumer Data Right (CDR) reform – as well as broader government 'consumer choice' policies – are designed to:
- Offer Australians greater control over their data, and
- Empower Australia’s consumers to choose from a range of tailored and innovative products and services.
CDR has recently gone live in the banking sector and work is now underway to introduce these reforms to the National Electricity Market (NEM) – that is, the electricity market on Australia’s east coast (Queensland, New South Wales, Australian Capital Territory, Victoria, Tasmania and South Australia).
The Consumer Data Right Program seeks to offer Australian energy consumers with easy access to their energy consumption data, so they can readily choose, compare or switch their energy retailer, and make more informed decisions on the right investments in energy-efficient appliances and distributed energy resources (or DER) - such as rooftop solar PV and battery storage devices.