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Prohibition and Restriction on Synergy and Verve Energy

Verve Energy was restricted from the direct sale of electricity to consumers for a designated period under the Electricity Corporations Act 2005. Synergy was also prohibited from generating electricity for a designated period.

These two provisions have now been repealed as a result of the 2014 Synergy and Verve merger.

In 2010, prior to the merger the Minister for Energy requested the ERA provide its views about the effect of the restrictions and prohibitions on the encouragement of competition in the generation, retail and wholesale electricity markets.

We published an issues paper in January 2011 and received 11 submissions. Our final report was delivered to the Minister for Energy and published on our website in April 2011.

In March 2013, the Minister gazetted a decision to extend the restriction on Verve Energy and Synergy until 1 April 2016.

This prohibition was made redundant with the introduction of the Electricity Generation and Retail Corporation (EGRC) Regulatory Scheme and the merger of Verve and Synergy on 1 January 2014.

This information is provided for historical purposes only.

Papers

Date Documents
File type
02-Apr-13
Final report 
Adobe PDF199 kB
25-Jan-11 Issues paper Adobe PDF 328 kB

Public submissions

Date Documents
File type
15-Mar-11
Horizon Power - public submission
Adobe PDF2 MB
14-Mar-11
Synergy - public submission
Adobe PDF 557 kB
28-Feb-11
Perth Energy - public submission
Adobe PDF 2 MB
22-Feb-11
ERM Power Ltd - public submission
Adobe PDF183 kB
22-Feb-11
The Chamber of Minerals and Energy of WA Inc - public submission
Adobe PDF 549 kB
21-Feb-11
Chamber of Commerce & Industry (CCI) WA - public submission
Adobe PDF 265 kB
21-Feb-11
Extenion Hill Pty Ltd - public submission
Adobe PDF306 kB
21-Feb-11

Griffin Energy - public submission

Adobe PDF 56 kB
21-Feb-11
Verve Energy - public submission
Adobe PDF449 kB 
16-Feb-11
Bauxite Resources Limited - public submission
Adobe PDF43 kB
15-Feb-11
Perdaman Chemicals & Fertilisers Pty Ltd - public submission
Adobe PDF333 kB