❓ A parliamentary question seeks information on the impact of assumed tariff increases on Western Power's earnings before interest and tax (EBIT). The Minister's response clarifies that Western Power's revenue is determined by network tariffs approved by the Economic Regulation Authority, not retail tariffs set by the government.
AnsweredQoN 7551Legislative Assembly
QuestionView source ↗
I refer to Table 8.1 on page 286 of Budget Paper No.3 of the 2011–12 Budget, and I ask:
(a) has the Minister sought or received advice on the effect on earnings before interest and tax for Western Power in the financial years 2012–13, 2013–14 and 2014–15 by applying the assumed increase in tariffs detailed in the Budget Papers;
(b) what is the effect on earnings before interest and tax for Western Power in the financial years 2012–13, 2013–14 and 2014–15 by applying the assumed increase in tariffs detailed in the Budget Papers?
(a) has the Minister sought or received advice on the effect on earnings before interest and tax for Western Power in the financial years 2012–13, 2013–14 and 2014–15 by applying the assumed increase in tariffs detailed in the Budget Papers;
(b) what is the effect on earnings before interest and tax for Western Power in the financial years 2012–13, 2013–14 and 2014–15 by applying the assumed increase in tariffs detailed in the Budget Papers?
AnswerView source ↗
Answered
2 May 2012
Responded by
Minister representing the Minister for Energy
Response time
42 days
a) Western Power's revenue is independent of retail tariffs set by government. Western Power's revenue, and therefore earnings before interest and tax, is largely determined by its network tariffs which are approved separately by the Economic Regulation Authority.
b) Not applicable.
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b) Not applicable.
Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
http://www.rtlib.com
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