A WA parliamentary question on notice regarding Western Power's debt, loan guarantee fees paid to the State, and future budgeted amounts. The answer provides specific figures for debt, fee percentage, and actual/estimated payments.

AnsweredQoN 5401Legislative Assembly
Asked
28 April 2016
Portfolio
Energy

QuestionView source ↗

I refer to Western Power's - and any subsidiaries - debts and repayments and ask: (a) what is the current amount of Western Power's debts at the present date; (b) what is the amount of the current, " Loan Guarantee Fee," paid by Western Power to the State and: (i) has this Loan Guarantee Fee changed since the 2012 financial year and if so how; (c) what was the total amount in dollar terms paid by Western Power to the State by way of the Loan Guarantee Fee in: (i) 2012/13; (ii) 2013/14; (iii) 2014/15; and (iv) 2015/16; and (d) what is the budgeted amount expected to be paid by Western Power to the Government by way of the Loan Guarantee Fee for the out years: (i) 2016/17; (ii) 2017/18; and (iii) 2018/19?

AnswerView source ↗

Answered
14 June 2016
Responded by
Minister for Energy
Response time
47 days
(a)       $7,197M (29/4/16)
(b)       0.70%
(i)        Increased from 0.20% to 0.70%
(c)       Totals (Actuals):
(i)        2012/13  $34.9M
(ii)       2013/14  $51.6M
(iii)      2014/15  $40.8M
(iv)      2015/16  $47.2M
(d)       Totals (Estimates):
(i)        2016/17  $52.6M
(ii)       2017/18  $54.7M
(iii)      2018/19  $56.7M

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