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Review of Synergy’s Regulatory Scheme 2014

2014 was the first year of the operation of the merged entity Synergy, and the ERA's first review of the effectiveness of the Electricity Generation and Retail Corporation (EGRC) regulation scheme. Our review focused on fundamental design issues of the scheme which needed to be addressed as soon as possible to ensure the EGRC scheme was effective.

Consistent with the Government’s stated intentions when introducing the EGRC scheme, the ERA took the view that its primary purpose was to mitigate the increased potential for exercising market power, which arises due to the merger of Verve and Synergy, by ensuring a level playing field for competitors and new entrants, in order to facilitate competition.

Our discussion paper was published in November 2014 and we received four submissions from the public. Our review report was delivered to the Minister for Energy where it was tabled in Parliament on 25 June 2015 and published on our website.

ERA Papers

Showing 2 results.
  
    
Date Documents File type
25-Jun-15 2014 Report to the Minister on the Effectiveness of the Electricity Generation and Retail Corporation Regulatory Scheme
Adobe PDF 590 kB

Description: 2014 Report to the Minister on the Effectiveness of the Electricity Generation and Retail Corporation Regulatory Scheme
10-Nov-14 Discussion Paper - 2014 Annual Review of Effectiveness of EGRC Scheme
Adobe PDF 580 kB

Description: Discussion Paper - 2014 Annual Review of Effectiveness of EGRC Scheme

Public submissions received in response to issues paper

Showing 4 results.
  
    
Date Documents File type
24-Dec-14 Public Submission - EGRC Regulatory Scheme - Alinta
Adobe PDF 292 kB

Description: Public Submission - EGRC Regulatory Scheme - Alinta
24-Dec-14 Public Submission - EGRC Regulatory Scheme - Community Electricity
Adobe PDF 763 kB

Description: Public Submission - Public Submission - EGRC Regulatory Scheme - Community Electricity
24-Dec-14 Public Submission - EGRC Regulatory Scheme - ERM Power
Adobe PDF 2 MB

Description: Public Submission - EGRC Regulatory Scheme - ERM Power
24-Dec-14 Public Submission - EGRC Regulatory Scheme - Synergy
Adobe PDF 443 kB

Description: Public Submission - EGRC Regulatory Scheme - Synergy
Page last updated: 04 Dec 2018