In many of our price reviews we conduct a financeability test to assess the implications of our price determinations for the financial sustainability of a utility.
This presentation summarises our draft decisions on changes in regulated electricity retail prices from 1 July 2011, and recommended actions to improve electricity affordability.
IPART's final decision is to move to a post-tax cost of capital model. This final report sets out how we will move from pre-tax to a post-tax cost of capital approach using an effective rather than a statutory tax rate.
Twenty years ago the Greiner Government established the first independent economic price regulator in Australia. Perhaps the boldness of that step is not fully appreciated.