ActewAGL beaten out for ACT Government contracts

bikhet said :

dungfungus said :

It will be interesting to see who wins the “Light Rail Study” RFTs currently circulating. The ACT Government has a “Canberra Cringe” mentality with RFTs. Few companies in the Territory are successful when competing against those based in Melbourne and Sydney (and now Brisbane it seems).

May say something about the quality or competitiveness of companies in the ACT. Wouldn’t know as I haven’t dealt with them.

If you are using electricty in the ACT you are most probably dealing with Actew, one of the companies that lost out bigtime to an interstate competitor so you can make a judgement after all.

Pitchka said :

Sucked in ACTEWAGL, so what happens now, price of water and electricity set to rise to fill this $16m void?

A study will be commissioned to investigate the quality of our water, and we will be told it tastes so good they need to put up the price.

dungfungus said :

It will be interesting to see who wins the “Light Rail Study” RFTs currently circulating. The ACT Government has a “Canberra Cringe” mentality with RFTs. Few companies in the Territory are successful when competing against those based in Melbourne and Sydney (and now Brisbane it seems).

May say something about the quality or competitiveness of companies in the ACT. Wouldn’t know as I haven’t dealt with them.

FoMoCo said :

I wonder how much over the contract price it actually ends up costing the ACTGov with all the stuff that isnt covered under the contract?

The TranAct template would be a good guide.

It will be interesting to see who wins the “Light Rail Study” RFTs currently circulating. The ACT Government has a “Canberra Cringe” mentality with RFTs. Few companies in the Territory are successful when competing against those based in Melbourne and Sydney (and now Brisbane it seems).
Is there a connection between ERM Power retail and the QIC which owns the Canberra Centre? Are the “corporate cane toads” about to take over the Territory?

davo101 said :

Chop71 said :

Have you considered these points.

Actew will no longer have $16 million in revenue > lower dividend to it’s shareholders >ACT government being one of them. Hence, Actew will try to raise the $16 million in revenue elsewhere, probably with increased fees to households and the ACT government, although making a saving on their $16million in power usage will have a smaller Actew dividend as income.

Hope the government savings make it worth while.

I don’t think ACTEW really is losing too much. They still own the poles and wires so they’ll get the network component all at a nice regulated return on assets.

You really don’t know how things work do you.

I wonder how much over the contract price it actually ends up costing the ACTGov with all the stuff that isnt covered under the contract?

davo101 said :

Chop71 said :

Have you considered these points.

Actew will no longer have $16 million in revenue > lower dividend to it’s shareholders >ACT government being one of them. Hence, Actew will try to raise the $16 million in revenue elsewhere, probably with increased fees to households and the ACT government, although making a saving on their $16million in power usage will have a smaller Actew dividend as income.

Hope the government savings make it worth while.

I don’t think ACTEW really is losing too much. They still own the poles and wires so they’ll get the network component all at a nice regulated return on assets.

… and who do you think pays for that?

Chop71 said :

Have you considered these points.

Actew will no longer have $16 million in revenue > lower dividend to it’s shareholders >ACT government being one of them. Hence, Actew will try to raise the $16 million in revenue elsewhere, probably with increased fees to households and the ACT government, although making a saving on their $16million in power usage will have a smaller Actew dividend as income.

Hope the government savings make it worth while.

I don’t think ACTEW really is losing too much. They still own the poles and wires so they’ll get the network component all at a nice regulated return on assets.

thumper109 said :

Chop71 said :

So it’s not just me who puts the boot into Actew.

Unfortunately we all lose on this deal.

You dont need to lose greatly.. Just switch to ERM yourself……….

Have you considered these points.

Actew will no longer have $16 million in revenue > lower dividend to it’s shareholders >ACT government being one of them. Hence, Actew will try to raise the $16 million in revenue elsewhere, probably with increased fees to households and the ACT government, although making a saving on their $16million in power usage will have a smaller Actew dividend as income.

Hope the government savings make it worth while.