victorian electricity distribution price review
Electricity Distribution Price Review 2001
Under the terms of United Energy's Distribution Licence, United Energy Distribution charges network tariffs to all customers in its distribution region. Government regulations state that the price path for distribution tariffs is set every Five years. The original price path was put in place by the Victorian Government in 1995 as part of the privatisation process.
Subsequently, during 1998 - 2000 a price review was conducted by the Office of the Regulator-General (now known as the Essential Services Commission). New prices set in the review became effective 1 January 2001.
This review has important implications for United Energy Distribution and our shareholders. We stated our case strongly to Government, Members of Parliament, and the public at large.
The Price Review Process took place over a number of years, and passed through five main stages. Significant amounts of documentation were produced during each stage. The five stages and related documents can be reached through the links below.
- Consultation on Methodology
- Consultation on Submissions
- Consultation on Draft Decision
- Final Determination and Appeal
- Appeal Outcome
Every five years the Essential Services Commission (ESC) reviews the prices that United Energy Distribution can charge to customers in its distribution region. This price path for 2001-2005 expired on 31 December 2005. After an extensive consultation period with the ESC, the current price path for 2006-2010 has been determined. Information on this process can be found under Electricity Distribution Price Review 2006.
