Australian Energy Market Commission (AEMC) Consumer Research for Nationwide Review of Competition in Retail Energy Markets Qualitative and Quantitative Research Report June 2014 Sue Vercoe |
[email protected] | 02 9232 9550 Irene Andreadakis |
[email protected] | 03 9611 1850 1 Table of Contents Introduction 9 Background 9 Research Objectives 9 Methodology 10 Qualitative Research: Forums 10 Quantitative Research: Telephone and Online Surveys 11 Notes to the Reader 14 1. Victoria 16 1.1 Executive Summary 16 1.2 Summary of Market Context 18 1.3 Key Findings 19 1.3.1 Energy Markets: Interest, Awareness and Knowledge 19 1.3.2 Switching Behaviour 30 1.3.3 Consumer Satisfaction with the Market 54 2. South Australia 71 2.1 Executive Summary 71 2.2 Summary of Market Context 73 2.3 Key Findings 74 2.3.1 Energy Markets: Interest, Awareness and Knowledge 74 2.3.2 Switching Behaviour 86 2.3.3 Consumer Satisfaction with the Market 107 3. New South Wales 119 3.1 Executive Summary 119 3.2 Summary of Market Context 121 3.3 Key Findings 122 3.3.1 Energy Markets: Interest, Awareness and Knowledge 122 3.3.2 Switching Behaviour 128 3.3.3 Consumer Satisfaction with the Market 142 4. Southeast Queensland 149 4.1 Executive Summary 149 4.2 Summary of Market Context 151 4.3 Key Findings 152 4.3.1 Energy Markets: Interest, Awareness and Knowledge 152 4.3.2 Switching Behaviour 162 4.3.3 Consumer Satisfaction with the Market 185 2 5. Australian Capital Territory 196 5.1 Executive Summary 197 5.2 Summary of Market Context 199 5.3 Key Findings 200 5.3.1 Energy Markets: Interest, Awareness and Knowledge 200 5.3.2 Switching Behaviour 210 5.3.3 Consumer Satisfaction with the Market 223 Respondent Profile 232 Appendices 236 3 AEMC Executive Summary This report sets out the findings of market research conducted by Newgate Research between February and March 2014 on behalf of the Australian Energy Market Commission (AEMC).