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Parliamentary Questions


Question Without Notice No. 915 asked in the Legislative Council on 30 November 2017 by Hon Peter Collier

Parliament: 40 Session: 1


WESTERN POWER — FORECAST PROFIT
      915. Hon PETER COLLIER to the minister representing the Minister for Energy:
I refer to the 2017–18 budget. What is the forecast profit for Western Power for 2017–18, 2018–19, 2019–20 and 2020–21?
Hon STEPHEN DAWSON replied:
I thank the Leader of the Opposition for some notice of the question.
The forecast profits for Western Power for 2017–18, are $292.1 million; in 2018–19, $332.2 million; in 2019–20, $302.4 million; and in 2020–21, $249.9 million. These figures represent net profit after tax and are subject to change. Western Power is subject to independent economic regulation by the Economic Regulation Authority. A regulatory determination by the Economic Regulation Authority regarding Western Power's five-year fourth access arrangement, known as AA4, is due by 1 July 2018. Western Power's forecast NPAT will be updated following the Economic Regulation Authority's final determination.