Abstract: The Independant Pricing and Regulatory Tribunal of NSW (the Tribunal) is responsible for regulating electricity prices for small retail customers in NSW. The current determination on these prices will expire on 30 June 2010. The Minister for Energy has asked the Tribunal to review and determine the regulated retail electricity tariffs and charges that will apply from 1 July 2010 - 30 June 2013.
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IPART has engaged Frontier Economics to provide advice and recommendations on the energy purchase cost allowance, including an LRMC based estimate and a market-based estimate of retailers’ energy purchase costs. This spreadsheet provides additional information on the key assumptions Frontier Economics will use to determine the LRMC based estimate and a market-based estimate of retailers’ energy purchase costs
IPART has engaged Strategic Finance Group (SFG) to provide expert advice and recommendations on the range for the retail margin. This report presents the methodology and assumptions SFG will use to determine the retail margin.
IPART has engaged Frontier Economics to provide advice and recommendations on the energy purchase cost allowance, including an LRMC based estimate and a market-based estimate of retailers’ energy purchase costs. This report presents the methodology and assumptions Frontier Economics will use to determine the LRMC based estimate and a market-based estimate of retailers’ energy purchase costs.
IPART is currently reviewing regulated retail electricity tariffs and charges in NSW and will make a new determination for the period 1 July 2010 to 30 June 2013.
This draft methodology paper sets out IPART's detailed preliminary thinking in relation to estimating the major retail costs an efficient Standard Retailer will incur in supplying small retail customers on regulated tariffs over the 2010 to 2013 determination period. It also looks at specific elements of the regulatory framework. This paper does not cover all issues associated with the regulatory framework or costs, but focuses on the more technical and substantive aspects that IPART is seeking specific comment on.
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