Since the disaggregation of the NSW electricity industry into generation, transmission, distribution and retail supply, IPART has regulated the non-contestable parts of the electricity retail market. IPART’s current determination in relation to the retail supply of electricity to franchise customers will expire on 30 June 1999.
IPART is currently conducting an inquiry into the NSW electricity supply industry according to terms of reference provided to IPART by the Premier under s12A of the Independent Pricing and Regulatory Tribunal Act 1992 (“the IPART Act”). The appropriate pricing of retail supply of electricity by NSW distribution businesses (DBs) to franchise customers is included in those terms of reference. IPART is to report to the Premier by 30 April 1999.