❓ A parliamentary question seeks details on electricity pricing between Verve Energy and Synergy. The Minister acknowledges the question but cites confidentiality, providing only annual average prices instead of quarterly specifics.
AnsweredQoN 488Legislative Council
QuestionView source ↗
VERVE ENERGY — ELECTRICITY SALES TO SYNERGY
(1) What is the price per kilowatt that Synergy is paying Verve Energy for electricity in the current quarter? (2) What was the price paid in the September and December quarters respectively this financial year? (3) What was the price paid in the 2006-07 financial year? Hon KIM CHANCE
(1) What is the price per kilowatt that Synergy is paying Verve Energy for electricity in the current quarter? (2) What was the price paid in the September and December quarters respectively this financial year? (3) What was the price paid in the 2006-07 financial year? Hon KIM CHANCE
AnswerView source ↗
I thank the Leader of the Opposition for providing some notice of the question. (1)-(2) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2007-08 annual displacement statement of opportunities indicates that the average vesting price for the 2007-08 contract year—that is, 1 October to 30 September—is $64.82 per megawatt hour. (3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
(2) What was the price paid in the September and December quarters respectively this financial year? (3) What was the price paid in the 2006-07 financial year? Hon KIM CHANCE replied: I thank the Leader of the Opposition for providing some notice of the question. (1)-(2) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2007-08 annual displacement statement of opportunities indicates that the average vesting price for the 2007-08 contract year—that is, 1 October to 30 September—is $64.82 per megawatt hour. (3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
(3) What was the price paid in the 2006-07 financial year? Hon KIM CHANCE replied: I thank the Leader of the Opposition for providing some notice of the question. (1)-(2) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2007-08 annual displacement statement of opportunities indicates that the average vesting price for the 2007-08 contract year—that is, 1 October to 30 September—is $64.82 per megawatt hour. (3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
Hon KIM CHANCE replied: I thank the Leader of the Opposition for providing some notice of the question. (1)-(2) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2007-08 annual displacement statement of opportunities indicates that the average vesting price for the 2007-08 contract year—that is, 1 October to 30 September—is $64.82 per megawatt hour. (3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
I thank the Leader of the Opposition for providing some notice of the question. (1)-(2) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2007-08 annual displacement statement of opportunities indicates that the average vesting price for the 2007-08 contract year—that is, 1 October to 30 September—is $64.82 per megawatt hour. (3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
(1)-(2) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2007-08 annual displacement statement of opportunities indicates that the average vesting price for the 2007-08 contract year—that is, 1 October to 30 September—is $64.82 per megawatt hour. (3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
(3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
(2) What was the price paid in the September and December quarters respectively this financial year? (3) What was the price paid in the 2006-07 financial year? Hon KIM CHANCE replied: I thank the Leader of the Opposition for providing some notice of the question. (1)-(2) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2007-08 annual displacement statement of opportunities indicates that the average vesting price for the 2007-08 contract year—that is, 1 October to 30 September—is $64.82 per megawatt hour. (3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
(3) What was the price paid in the 2006-07 financial year? Hon KIM CHANCE replied: I thank the Leader of the Opposition for providing some notice of the question. (1)-(2) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2007-08 annual displacement statement of opportunities indicates that the average vesting price for the 2007-08 contract year—that is, 1 October to 30 September—is $64.82 per megawatt hour. (3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
Hon KIM CHANCE replied: I thank the Leader of the Opposition for providing some notice of the question. (1)-(2) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2007-08 annual displacement statement of opportunities indicates that the average vesting price for the 2007-08 contract year—that is, 1 October to 30 September—is $64.82 per megawatt hour. (3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
I thank the Leader of the Opposition for providing some notice of the question. (1)-(2) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2007-08 annual displacement statement of opportunities indicates that the average vesting price for the 2007-08 contract year—that is, 1 October to 30 September—is $64.82 per megawatt hour. (3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
(1)-(2) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2007-08 annual displacement statement of opportunities indicates that the average vesting price for the 2007-08 contract year—that is, 1 October to 30 September—is $64.82 per megawatt hour. (3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
(3) The specific pricing between Synergy and Verve Energy under the vesting contract is confidential. However, Synergy’s 2006-07 annual displacement statement of opportunities indicated that the average vesting price for the 2006-07 contract year—again, 1 October to 30 September—was $68.88 per megawatt hour.
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