Page 3190 - Week 11 - Wednesday, 12 September 1990

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MINISTER FOR FINANCE AND URBAN SERVICES

LEGISLATIVE ASSEMBLY QUESTION

ACTEW - Off-Peak Hot Water Systems

QUESTION NO. 237

Ms Follett - asked the Minister for Finance and Urban Services

(1) On what basis did the ACT Electricity and Water Authority or its predecessors determine the pricing for the off-peak hot water tariff.

(2) On what basis did the Authority determine the refund level for the Off-Peak $150 Cashback Campaign.

Mr Duby - the answer to the Members question is as follows:

(1) The off-peak tariffs recognise cost reductions associated with better utilisation

of supply system capacity investment and have recently been set at 50% of

the domestic remainder energy rate. This is similar to arrangements for off

peak supply in NSW.

(2) The Off-peak Cashback Campaign was modelled on a similar campaign in NSW known as OPPOSE (Off-peak Purchase Assistance Scheme). This scheme offered customers a $100 grant for the installation of an off-peak system and allowed a "loan" of a further $100 on favourable terms to be repaid over an extended period.

The ACT Electricity Authority adopted the scheme in principle but offered $150 as a single rebate amount. This arrangement reduces administration effort and costs and when interest and associated costs are taken into account the two schemes are very similar.

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