HoustonKemp has prepared a report for ActewAGL Retail, in relation to the ICRC’s draft decision to change the methodology for determining the retail margin component of regulated electricity standing offer prices. We considered the adequacy of the ICRC’s approach in light of the factors that may be expected to affect the costs recovered by the retail margin, the rationale provided by the ICRC and the approach adopted by other regulators. Our conclusion is that the ICRC’s central assumption that retail margin costs move in line with changes to CPI is not supported by any evidence, and our own assessment indicates that there are other drivers of these costs. Our report is available here.
Adrian Kemp, Elaine Luc and Liam Hickey were pleased to…
Read moreHoustonKemp is pleased to announce our recent submission to the consultation on revitalising the National Competition Policy (NCP) to support…
Read moreHoustonKemp congratulates the consortium of KKR, OTPP and PSP on entering into a board-recommended Scheme Implementation Deed to acquire Spark…
Read moreMagazines distributed at newsagents and other outlets are experiencing steadily declining sales, but nevertheless retain a substantial readership base. Are…
Read moreIPART asked us to prepare a report explaining the interaction between the licence provisions applying to the NSW electricity distribution…
Read moreWe recently prepared a report for IPART that assesses options for modifying the regulatory framework to provide the NSW distribution…
Read more