A WA parliamentary question probes the financial implications and justification for the proposed merger of Verve and Synergy, seeking details on asset values and cost-benefit analysis. The Minister confirms no cost-benefit analysis exists, citing reduced overheads as the basis for efficiency claims.

AnsweredQoN 76Legislative Assembly
Asked
17 April 2013
Portfolio
Energy

QuestionView source ↗

I refer tothe Minister's media release dated 10 April 2013 entitled Major Reform for State's Energy Sector , and I ask: (a) what is the total value of the assets of Verve; (b) what is the total value of the assets of Synergy; (c) is there a detailed cost/benefit analysis of the merger of Verve and Synergy; (d) if yes to (c), what is the name of this document, when was this document presented to the Minister, who is the author of this document and will the Minister table this document; and (e) if there is no cost/benefit analysis, what is the basis of the claim that the changes to Verve and Synergy would deliver improved efficiencies in electricity delivery?

AnswerView source ↗

Answered
8 August 2013
Responded by
Minister for Energy
Response time
113 days
(a)-(b) Refer to Annual Report.
(c) No.
(d) Not applicable.
(e) There will be a range of savings including reduced overheads.

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