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Tag Archives: icrc

Electricity price issues paper

By 5 October 2013

Late on a public holiday friday the ACT Independent Competition and Regulatory Commission (ICRC) has slipped out a media release announcing an issued paper on retail electricity prices from 1 July 2014:
“This investigation is the eighth time the Commission will be responsible for setting the retail price of electricity for franchise customers. The issues paper [...]

Smyth rouses and notices ACTEW’s price grab

By 2 October 2013

The Liberals Brendan Smyth has finally responded to Friday’s news that ACTEW are appealing the ICRC determination on water price rises:
The Canberra Liberals are calling for answers after ACTEW made an application to the ICRC to review its water and sewerage price determination made on June 26 Shadow Treasurer, Brendan Smyth said today.
“This comes [...]

ACTEW goes to DRS

By 28 September 2013

The Independent Competition and Regulatory Commission has announced the ACTEW Corporation is unhappy with the recent decision on water and sewerage prices and has asked for a different decision.
They’re now going to conduct a review.

ICRC reports all is well with utilities and wonders why it bothers

By 30 August 2013

The Independent Competition and Regulatory Commission has released their latest compliance report into utilities and finds nothing to see:
As in 2010–11, licensees did not report any breaches of their regulatory requirements in 2011–12 that the Commission considered material.
The Office of Regulatory Services (ORS) reported that it did not receive any formal complaints about the market [...]

Water price cuts and rises

By 26 June 2013

Andrew Barr is applauding the Independent Competition and Regulatory Commission’s revised thinking on water prices:
Today’s announcement by the Independent Competition and Regulatory Commission (ICRC) means that Canberra’s water prices will continue to compare favourably to other mainland capital cities, while not undermining the considerable efforts and gains that have been made to date in [...]

Leccy prices not going up much

By 14 June 2013

Simon Corbell is celebrating a mere rise in electricity prices of 3.5% next year.
Canberrans will continue to have the cheapest electricity prices in Australia despite a modest rise in prices of 3.5% approved by the Independent Competition and Regulatory Commission (ICRC), Minister for the Environment and Sustainable Development, Simon Corbell, said today.
“Despite this increase, [...]

ACT Government pushing for cheaper water (but not too cheap)

By 15 April 2013

In the wake of today’s showdown with the Actew board Andrew Barr has announced plans to lower the cost of water and sewerage:
The ACT Government has supported the ICRC’s draft determination to provide relief from cost of living pressures on Canberra households by lowering water and sewerage bills in the Territory.
The ACT Government has provided [...]

Water prices coming down

By 26 February 2013

The Independent Competition and Regulatory Commission has proposed a reduction in water prices in the wake of its draft report on regulated water and sewerage services:
If the prices proposed in this review were to come into effect, volumetric water prices would drop by about 17 per cent and sewerage services prices by about 24 [...]

Water prices about to be set

By 21 September 2012

Stand up and be counted on water.

How much more are you willing to pay for water?

By 13 September 2012

The Independent Competition and Regulatory Commission has released a discussion paper on water prices.
• The most significant factor that could affect prices and bills in the next regulatory period would be recovering the revenue shortfall over a five-year period, which would increase prices in 2013–14 by 37 per cent and the bulk of customer bills [...]

Water Security for 20 years

By 14 May 2012

The Independent Competition and Regulatory Commission has announced the release of its draft report on Secondary water use in the ACT and has declared:
‘The ACT has now emerged from one of its worst droughts on record. Based on the major investments that are underway currently and the actions of the ACT community in reducing their [...]

Got an extra $244 for leccy next financial year?

By 5 April 2012

The Independent Competition and Regulatory Commission has made Zed Seselja’s day by announcing that the price on carbon is sending your power bills shooting up as of July 2012:
The Independent Competition and Regulatory Commission today released its draft report on retail prices for franchise electricity customers. The draft price direction in that report increases the [...]

Gas network deteriorating?

By 1 December 2011

The Independent Competition and Regulatory Commission has released their compliance and performance report for Licensed Electricity, Gas, Water and Sewerage Utilities.
Generally it’s very rosy stuff. Performance is good and generally improving to my reading.
The gas network, however, came in for some worrying criticism:
– A compliance audit of all high-pressure meter set enclosures located inside buildings [...]

ICRC wants your thoughts on recycled water

By 23 November 2011

The Independent Competition and Regulatory Commission has put out an issues paper asking for your thoughts on recycled water in the ACT and how it should be used.
To get everyone on the same page they’ve also produced a context paper.
Submissions can be sent to icrc@act.gov.au before 5pm, 20 December 2011.

Electricity price regulation to stay

By 5 September 2011

Simon Corbell has announced that he’s going against the advice of the Australian Energy Market Commission and keeping price regulation for households in the ACT.
The ACT Government does not agree with the AEMC recommendation on price regulation that the Transitional Franchise Tariff or TFT should be removed for small electricity customers, such as households.
The AEMC, [...]

Solar power generation powering ahead

By 8 August 2011

The Independent Competition and Regulatory Commission has published their latest summary of generation under the troubled feed-in tariff scheme.
• During the June 2011 quarter, 1,653 new connections of renewable generators were made to the distribution network, compared with 868 made during the previous quarter.
• In total, 6,057 renewable generators were connected to the distribution network [...]

Up, up, up go the power prices

By 20 June 2011

The Independent Competition and Regulatory Commission has not yet bestirred itself to update its website, but the ABC informs us they’ve approved a 6.4% rise in the price of electricity for the coming financial year.
Acting senior commissioner Malcolm Gray says the main reason for the rise is the Federal Government’s increased renewable energy [...]

More secure water also more expensive as prices rise

By 21 April 2011

The Independent Competition and Regulatory Commission has announced it’s determination that water prices are going to be jumping 15%:
‘Increases in water and wastewater charges announced by the Independent Competition and Regulatory Commission reflect additional costs associated with water security projects being undertaken by ACTEW and reduced levels of demand for water over projections for the [...]

Feed-in tarriff to stay unchanged

By 1 April 2011

Minister for Energy Simon Corbell has announced that despite two weeks ago taking on board the recommendation of the ICRC, that the feed-in tarriff for solar power should fall, he’s going to keep it where it is:
Simon Corbell, has today announced that the premium rate for the micro-generation category of the ACT feed-in tariff scheme [...]

The most fed in suburbs are….

By 11 February 2011

The Independent Competition and Regulatory Commission has released its activity summary on the Electricity Feed-in Scheme for feed-in from renewable energy generators to the electricity network.
So basically the home owners getting paid by non home-owners to get solar panels on their roofs.
The summary lists the Suburbs with the greatest number of connections to the scheme:
– [...]

ICRC recommends racing industry pay for itself

By 20 December 2010

The ABC are reporting on a draft they’ve seen from the Independent Competition and Regulatory Commission into the $7 million a year the ACT Goverment is paying to keep the racing industry happy and healthy in the ACT.
In this year’s budget the ACT Government stepped in, funding the industry $7 million a year for four [...]

Enlarged Cotter Dam gets ICRC tick

By 30 June 2010

ACTEW are happy to report that after a protracted process the Independent Competition and Regulatory Commission has given a tick to the Enlarged Cotter Dam:
ACTEW Managing Director Mark Sullivan said he was pleased the ICRC’s report confirmed the final price of $363 million represents an efficient cost for building the dam and found that the [...]

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