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Annual Report 2014/2015 Utilities Commission



Annual Report 2014/2015 Utilities Commission

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Tabled paper 1571


Tabled Papers for 12th Assembly 2012 - 2016; Tabled Papers; ParliamentNT






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10 noncompliant issues. A subsequent audit of Power and Waters compliance framework and reporting process was conducted in mid-2015. Draft Compliance Framework and Reporting Guidelines Following the audit of Power and Waters compliance framework, the Commission released draft Compliance Framework and Reporting Guidelines for consultation with relevant stakeholders. The Guidelines include, among other things, a requirement for annual compliance reporting, additional information on the reporting of material compliance breaches and an annual declaration from the Board of Directors of each business as a vehicle for elevating the importance of compliance. The Commission intends to finalise the Guidelines in October 2015 and amalgamate the Guidelines with the Commissions Statement of Approach on Compliance, soon after. Review of Electricity Retail Licences In 2014-15, the Commission also undertook a review and considered appropriate amendments to all electricity retail licences issued by the Commission to ensure the licences contain conditions that meet the requirements of the Electricity Reform Act, and are consistent with good regulatory practice. Submissions on the review of retail electricity licences closed on 24 August 2015. The Commission intends to review any submissions received and finalise the revised retail licences in late 2015. Water Supply and Sewerage Services Although the Commissions authority in relation to water supply and sewerage services is limited, the Commission continued to monitor compliance with licence obligations and provide advice and assistance to customers regarding the Territorys regulatory framework. In June 2015, the Water Directorate, located within the Department of Land Resource Management, released a discussion paper on an over-arching framework for the management and regulation of water resources. The Commission made a submission supporting the discussion papers vision and guiding principles, and more specifically, reform of the regulation framework for water supply and sewerage services. Ports Access and Price Regulation The Ports Management Act for the control, management and operation of ports legislation commenced in June 2015. The Act, among other things, establishes the Commission as economic regulator for port access and price regulation of a declared port once a private port operator is appointed. During 2014-15, the Commission provided advice to the Territory Government on the establishment of the ports access and price regulation regime.