Under the Utilities Commission Act one of the functions of the Commission is to regulate prices charged by government and other businesses for providing certain monopoly services and for providing services in regulated industries as required under relevant industry regulation Acts.

As part of the NT Government’s Electricity Market Reform program, responsibility for network price regulation and oversight of network access in accordance with the Electricity Networks (Third Party Access) Act and Code has been transferred to the Australian Energy Regulator with effect from 1 July 2015. 

The Commission regulates prices in the Territory’s electricity supply industry in accordance with the Electricity Reform Act and the Electricity Networks (Third Party Access) Act.