SYNERGY —
ELECTRICITY PRICES
185. Hon PETER COLLIER to the minister representing the
Treasurer:
I refer to the comments made by the
Treasurer on Gareth Parker's radio program on 10 February regarding
cost reflectivity for electricity prices.
(1) Using the
current budget assumptions regarding electricity price increases, what is the
forecast shortfall, in millions of dollars,
between Synergy's cost of providing electricity to residential
customers and Synergy's cost to supply residential customers for
the 2019–20 financial year?
(2) Using the
current budget assumptions regarding electricity price increases, what is the
forecast shortfall between Synergy's cost of providing electricity to
residential customers and Synergy's cost to supply residential
customers for the 2020–21, 2021–22 and 2022–23
financial years?
Hon
STEPHEN DAWSON replied:
I thank the Leader of the Opposition
for some notice of the question.
(1)–(2) Synergy
has advised that the shortfall in each financial year is: $62 million in 2020;
$76 million in 2021; $50 million in 2022; and $69 million in 2023.