On 28 October, the Australian Competition Tribunal upheld a decision by the Australian Energy regulator (AER) permitting SAPN to collect $3.84 billion in revenue from 2015 to 2020. The Tribunal rejected SAPN’s argument that it needed a further $350 million
in revenue because of labor costs, financing costs and for bushfire safety.
This means an annual saving of approximately $140 for each residential customer. SAPN has been urged not to question ‘the umpire’s decision’ but they have issued a statement saying they will be considering their options following the determination.
It costs taxpayers a great deal of money in legal fees for SAPN to mount such appeals - and also for the Tribunal to hear it.
Elaine Attwood AM