❓ A WA parliamentary question seeks details on the Premier's statement regarding electricity costs exceeding consumer prices by 30%. The response clarifies the calculation's basis and limitations.
AnsweredQoN 7547Legislative Assembly
QuestionView source ↗
I refer to the Premier's announcement of 21 February 2012 that the cost of delivering electricity to this State is about 30 per cent more than people pay for it, and I ask:
(a) is this announcement based on a report to Government, if so, will the Premier provide the following information:
(i) the name of this report;
(ii) the author of this report;
(iii) when was the report provided to Government; and
(iv) will the Premier table this report?
(b) If this announcement is not based on a report to Government, will the Premier provide the following information:
(i) who calculated the amount of about 30 per cent;
(ii) how is this 30 per cent increase calculated;
(iii) will the Premier table the mathematical model that was used to calculate the amount of 30 per cent;
(iv) who developed the mathematical model that was used to calculate the amount of 30 per cent;
(v) what elements are included in the mathematical model that found that increase of 30 per cent is required;
(vi) at what date was the calculation of 30 per cent made;
(vii) does this calculation of 30 per cent remain valid for the financial years 2012 –13, 2013–12 and 2014–15?
(viii) what is the specific increase required to cover the costs of delivering electricity in this State that was rounded to 30 per cent in the Premier's announcement; and
(ix) how is this specific increase calculated?
(a) is this announcement based on a report to Government, if so, will the Premier provide the following information:
(i) the name of this report;
(ii) the author of this report;
(iii) when was the report provided to Government; and
(iv) will the Premier table this report?
(b) If this announcement is not based on a report to Government, will the Premier provide the following information:
(i) who calculated the amount of about 30 per cent;
(ii) how is this 30 per cent increase calculated;
(iii) will the Premier table the mathematical model that was used to calculate the amount of 30 per cent;
(iv) who developed the mathematical model that was used to calculate the amount of 30 per cent;
(v) what elements are included in the mathematical model that found that increase of 30 per cent is required;
(vi) at what date was the calculation of 30 per cent made;
(vii) does this calculation of 30 per cent remain valid for the financial years 2012 –13, 2013–12 and 2014–15?
(viii) what is the specific increase required to cover the costs of delivering electricity in this State that was rounded to 30 per cent in the Premier's announcement; and
(ix) how is this specific increase calculated?
AnswerView source ↗
Answered
15 May 2012
Response time
55 days
(a) The announcement was not based on a report to Government.
(a)(i-iv) Not applicable.
(b)(i) Synergy and the former Office of Energy.
(b)(ii)It was calculated using mathematical models that were developed using State budget assumptions on future electricity prices and assumptions available at the time on generation, network and retail costs and retail margins.
(b)(iii) No, the models contain commercially sensitive information.
(b)(vi) Synergy and the former Office of Energy.
(b)(v) Assumptions on future electricity prices, forecast generation, network and retail costs and retail margins.
(b)(vi) 16 September 2011.
(b)(vii) The Economic Regulation Authority is undertaking an Inquiry into the Efficiency of Synergy's Costs and Tariffs. This inquiry will inform the calculation for 2012-13 and subsequent years.
(b)(viii) 28.86% in 2010-11; and 27.24% in 2011-12.
(b)(ix) Refer to the response to question (b)(ii).
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(a)(i-iv) Not applicable.
(b)(i) Synergy and the former Office of Energy.
(b)(ii)It was calculated using mathematical models that were developed using State budget assumptions on future electricity prices and assumptions available at the time on generation, network and retail costs and retail margins.
(b)(iii) No, the models contain commercially sensitive information.
(b)(vi) Synergy and the former Office of Energy.
(b)(v) Assumptions on future electricity prices, forecast generation, network and retail costs and retail margins.
(b)(vi) 16 September 2011.
(b)(vii) The Economic Regulation Authority is undertaking an Inquiry into the Efficiency of Synergy's Costs and Tariffs. This inquiry will inform the calculation for 2012-13 and subsequent years.
(b)(viii) 28.86% in 2010-11; and 27.24% in 2011-12.
(b)(ix) Refer to the response to question (b)(ii).
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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