Page 1954 - Week 07 - Tuesday, 14 May 2013
the increase, and increases in network costs, which accounted for 24 per cent of the increase.
The increase in wholesale prices was driven by the commencement of carbon pricing on 1 July last year. The remainder of the increase was due to increased retailer operating costs and margins and a small allowance for the commencement of the ACT energy efficiency improvement scheme.
The increase in ACT regulated household electricity prices was lower than in other national electricity market states where an independent regulator determines such prices. In New South Wales IPART approved an average 18 per cent increase for 2012-13 and the Essential Services Commission of South Australia approved an 18 per cent increase for the same period. In Victoria and Queensland prices are not set by an independent regulator. In Tasmania an increase of 10.56 per cent occurred, which was the result in part of a change in pricing methodology.
Despite the increase, the ACT retains the lowest household electricity price in Australia. For 2012-13 the Australian Energy Market Commission reports that the ACT’s electricity price was lower than in every other jurisdiction, and was only 65 per cent of the average national price and 63 per cent of the New South Wales price. The AEMC also reported that feed-in tariff costs are lower in the ACT than in New South Wales. In 2012-13 feed-in tariff costs were 1.3c per kilowatt hour in New South Wales but only 0.4 of one cent per kilowatt hour in the territory.
Madam Speaker presented the following paper:
Intergovernmental Agreements—Letter to the Speaker from the Chief Minister, dated 27 February 2013.
Gene Technology Act—operations of the Gene Technology Regulator
Paper and statement by minister
MS GALLAGHER (Molonglo—Chief Minister, Minister for Regional Development, Minister for Health and Minister for Higher Education): I present the following paper:
Gene Technology Act, pursuant to subsection 136A(3)—Operations of the Gene Technology Regulator—Quarterly report—1 October to 31 December 2012, dated 15 February 2013.
I seek leave to make a statement in relation to the paper.
MS GALLAGHER: I am pleased to table the quarterly report on the operations of the Gene Technology Regulator for the period 1 October to 31 December 2013. The position of the Gene Technology Regulator was established to oversee a nationally