❓ Mr. Johnston questions the Treasurer about the future of the Economic Regulation Authority (ERA) and its operational costs following the merger of Verve and Synergy. The Treasurer confirms the ERA will be retained and provides its projected annual costs for the next four financial years.
AnsweredQoN 253Legislative Assembly
QuestionView source ↗
I refer to the Government’s decision to merge Verve and Synergy, and I ask: (a) will the Economic Regulation Authority be retained in the Minister's plans for the Western Australian electricity market after the merger of Synergy and Verve; and (b) if yes to (a), what is the expected annual cost of the operations of the Economic Regulation Authority in respect of the electricity industry in each of the following years: (i) 2013–2014; (ii) 2014–2015; (iii) 2015–2016; and (iv) 2016–2017?
AnswerView source ↗
Answered
6 August 2013
Responded by
Minister for Treasurer
Response time
76 days
The Department of Treasury advises:
(a) Yes.
(b) (i) $4.3 million
(ii) $4.2 million
(iii) $4.3 million
(iv) $5.1 million
(a) Yes.
(b) (i) $4.3 million
(ii) $4.2 million
(iii) $4.3 million
(iv) $5.1 million
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