On 16 June 1998, Bob Carr, Premier of New South Wales, issued a Special Reference on Electricity to the Tribunal under Section 12A of the Independent Pricing and Regulatory Tribunal Act 1992.
The Minister for Resources and Energy has requested that IPART undertake a review and make a new determination for regulated electricity retail prices from 1 July 2013 until 30 June 2016.
This spreadsheet provides additional information on the key assumptions Frontier Economics used to determine the LRMC based estimate, a market-based estimate of retailers’ energy purchase costs, and the cost of complying with ‘green’ energy scheme
In keeping with commitments made in 1994 by the Council of Australian Governments (CoAG), the NSW Government is introducing competition into the supply of natural gas.
To facilitate the electricity retail review, the Tribunal has asked electricity retailers for historical and projected information on certain aspects of the regulated and non-regulated retail business.
