The Electricity Infrastructure Investment Act 2020 (EII Act) enables the NSW Electricity Infrastructure Roadmap – the NSW Government’s 20 year plan to transform the electricity system into one that is affordable, clean and reliable.
In December 2021, the Minister for Energy (Minister) appointed IPART as a regulator under the EII Act. A key function of IPART’s role is to prepare an annual report on the exercise of functions under the EII Act by the Consumer Trustee, the Financial Trustee, the Infrastructure Planner and the Regulators.
This is IPART’s second annual report to the Minister as required under section 70(2) of the EII Act to meet our statutory reporting requirement for the 2022-23 financial year.
To support the annual reporting function, the Consumer Trustee, the Financial Trustee, the Infrastructure Planner and the Regulators were required under section 70(1) of the EII Act to provide IPART with a report on the exercise of their functions during FY 2022-23. Our report is based on the information provided in these entity level reports: