On Friday 26 February 2021, the Commission released a draft report for its review of the form of price control used to regulate retail electricity prices. The draft report outlines the Commission’s draft positions and proposed implementation timing.
We protect the ongoing interests of consumers and businesses operating in the Territory through our regulatory decisions and advice to the ACT Government.
On Tuesday 9 February 2021, the Commission released its final decision updating utility licences. The final report explains the licence changes, which take effect from 1 March 2021.
On 26 February 2021, the Treasurer asked us to develop advice for the ACT Treasury on Icon Water’s pricing of recycled water services to high-intensity club users to ensure that prices reflect costs.
The Commission is reviewing how it calculates the weighted average cost of capital (WACC). The purpose of the Review is to ensure that Icon Water receives an appropriate return on its prudent and efficient investments in infrastructure used for delivering services.
On 20 December 2019, the Commission received a request from the Treasurer to provide advice to help ensure that the new crematorium facility to be built and operated by the ACT Public Cemeteries Authority operates in a manner consistent with competitive neutrality.
The Commission is reviewing the form of price control it uses to regulate retail electricity prices. The review will ensure that the form of price control remains effective and appropriate, recognising changes occurring in electricity markets.