From 19 March 2021 petrol price information will be available in real time in South Australia. This will make it easy for motorists to find the cheapest fuel closest to them at any given time.
The State Government is not developing a new app for this scheme, but rather is requiring all SA fuel retailers to report their prices to a central database as close in time as possible to the price changing at the pump, but not more than 30 minutes after that time. Motorists can then access fuel price information for free via one of the existing fuel price apps.
A list of apps that have registered to publish information under the SA fuel pricing information scheme will be available from 19 March 2021.
The scheme will run as a trial for two years.
Requirements for fuel retailers
Fuel retailers must register for the scheme. Registrations will open from 17 February 2021 and must be completed by 18 March 2021.
The registration process is being managed by Informed Sources, the company selected to run the central database. Informed Sources will soon write to fuel retailers with instructions on how to register and use the system and will provide a dedicated telephone support line and website to help fuel retailers meet their requirements.
From 19 March 2021, all fuel retailers must report their fuel prices to the aggregation database. There will be four options for reporting, to cater for the different size and models of fuel retailing businesses. There will also be a method for reporting prices if internet connection is not available.
A tender process has commenced for a data validation service, to ensure accuracy and validity of fuel prices.
After the trial commences
Once the trial is up and running, a number of factors will be monitored to determine the extent of the overall benefit for South Australians.
Motorists will also be able to report any price mismatches to CBS, and penalties will apply to petrol stations where they are found to be in breach of the new requirements.
Background to the reforms
The South Australian Productivity Commission (SAPC) conducted a review into fuel pricing and reported on the options for SA to increase transparency in fuel prices.
The SAPC report found that while petrol price cycles still exist in states that use fuel price monitoring, having real time data helps consumers find low cost fuel.
The particular scheme chosen for SA will allow motorists to access comprehensive and accurate fuel price information that is more accurate and transparent via their preferred fuel price app.
- Read the South Australian Productivity Commission's report on Fuel Pricing
- Read more about the Government's response to the SAPC report.
- Government announced fuel app aggregator – media release
- South Australians one step closer to real time fuel prices – media release