The Premier has asked the Independent Pricing and Regulatory Tribunal to undertake an inquiry into what role Demand Management should play in providing the State’s energy services.
Discusses the Weighted Average Cost of Capital (WACC)—a key factor in determining regulated utilities’ return on assets for the purposes of setting prices. Outlines current position in NSW and other jurisdictions.
The Electricity Supply Act I995 sets out arrangements for determining regulated retail tariffsfor small retail customers (less than 160 MWh per annum).