Page 3189 - Week 11 - Wednesday, 12 September 1990
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MINISTER FOR FINANCE AND URBAN SERVICES
LEGISLATIVE ASSEMBLY QUESTION
ACTEW - Electricity Purchases
QUESTION NO. 236
Ms Follett asked the Minister for Finance and Urban Services
(1) What is the pricing formula under which the ACT Electricity and Water Authority purchases electricity from NSW.
(2) When does the current agreement with NSW expire.
(3) In what circumstances may either party vary the contract.
Mr Duby - The answer to the Members question is as follows:
(1) The ACT Electricity and Water Authority purchases electricity from NSW on the same "Uniform Bulk Supply Tariff" as applies to other customers of the Electricity Commission of NSW (ENCASE).
The Tariff formula includes charge elements for energy purchase at defined "peak", "shoulder" and "off-peak" periods as well as a "supply charge" allocated between ENCASE customers on the basis of previous consumption history.
(2) There is no formal "agreement" for supply to the ACT, nor are there "agreements" for supply to the other customers of the Electricity Commission of NSW. The Commission has been supplying the Australian Capital Territory under similar arrangements for over 25 years and exchange of correspondence each year confirms the extension of supply availability under the existing terms.
The Snowy "Agreement" presumes a "cost of transmission" of Snowy power, and presumes the willingness of ENCASE to supply the make-up. ENCASE each year advise a "cost of transmission" based on their previous years audited costs and acceptance of this cost advice each year serves to confirm "that arrangements will operate under the same terms and conditions as those currently applicable..."
See part (2) above.
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