❓ Hon Norman Moore asks about the need for a $280 million electricity subsidy, the price cut for electricity paid to Verve Energy by Synergy, and requests the tabling of the Office of Energy's report. The Minister, via Hon Ljiljanna Ravlich, defers answering, requesting the question be placed on notice.
AnsweredQoN 358Legislative Council
QuestionView source ↗
ELECTRICITY — RETAIL PRICE INCREASE
I refer to the minister’s reply to question without notice 334, which showed that the combined results of the four government utilities produced an aggregate profit result for the first half of this financial year. (1) What has happened in the past four months that would cause a need for a $280 million subsidy for the whole system? (2) In percentage terms, what was the cut in price of electricity paid to Verve Energy by Synergy as a result of the price reset referred to in Verve’s September and December quarterly report? (3) How much revenue will Verve lose in the full year as a result of the price reset? (4) Will the minister table the Office of Energy’s report recommending the cut in price paid by Synergy for Verve’s electricity? Hon LJILJANNA RAVLICH
I refer to the minister’s reply to question without notice 334, which showed that the combined results of the four government utilities produced an aggregate profit result for the first half of this financial year. (1) What has happened in the past four months that would cause a need for a $280 million subsidy for the whole system? (2) In percentage terms, what was the cut in price of electricity paid to Verve Energy by Synergy as a result of the price reset referred to in Verve’s September and December quarterly report? (3) How much revenue will Verve lose in the full year as a result of the price reset? (4) Will the minister table the Office of Energy’s report recommending the cut in price paid by Synergy for Verve’s electricity? Hon LJILJANNA RAVLICH
AnswerView source ↗
I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
(1) What has happened in the past four months that would cause a need for a $280 million subsidy for the whole system? (2) In percentage terms, what was the cut in price of electricity paid to Verve Energy by Synergy as a result of the price reset referred to in Verve’s September and December quarterly report? (3) How much revenue will Verve lose in the full year as a result of the price reset? (4) Will the minister table the Office of Energy’s report recommending the cut in price paid by Synergy for Verve’s electricity? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
(2) In percentage terms, what was the cut in price of electricity paid to Verve Energy by Synergy as a result of the price reset referred to in Verve’s September and December quarterly report? (3) How much revenue will Verve lose in the full year as a result of the price reset? (4) Will the minister table the Office of Energy’s report recommending the cut in price paid by Synergy for Verve’s electricity? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
(3) How much revenue will Verve lose in the full year as a result of the price reset? (4) Will the minister table the Office of Energy’s report recommending the cut in price paid by Synergy for Verve’s electricity? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
(4) Will the minister table the Office of Energy’s report recommending the cut in price paid by Synergy for Verve’s electricity? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
(1) What has happened in the past four months that would cause a need for a $280 million subsidy for the whole system? (2) In percentage terms, what was the cut in price of electricity paid to Verve Energy by Synergy as a result of the price reset referred to in Verve’s September and December quarterly report? (3) How much revenue will Verve lose in the full year as a result of the price reset? (4) Will the minister table the Office of Energy’s report recommending the cut in price paid by Synergy for Verve’s electricity? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
(2) In percentage terms, what was the cut in price of electricity paid to Verve Energy by Synergy as a result of the price reset referred to in Verve’s September and December quarterly report? (3) How much revenue will Verve lose in the full year as a result of the price reset? (4) Will the minister table the Office of Energy’s report recommending the cut in price paid by Synergy for Verve’s electricity? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
(3) How much revenue will Verve lose in the full year as a result of the price reset? (4) Will the minister table the Office of Energy’s report recommending the cut in price paid by Synergy for Verve’s electricity? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
(4) Will the minister table the Office of Energy’s report recommending the cut in price paid by Synergy for Verve’s electricity? Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
Hon LJILJANNA RAVLICH replied: I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
I thank the member for some notice of this question. On behalf of the Leader of the House, I provide the following answer. It is not possible to provide the response in the time available. Therefore, I ask the honourable member to place the question on notice. I apologise on behalf of the Minister for Energy.
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