ACCC's Ideas to Reduce Electricity Prices Unlikely to be a Major Risk to Utilities
We remain comfortable with our utility fair value estimates despite some unfavourable recommendations from the Australian Consumer and Competition Commission's, or ACCC's, review into retail electricity prices. We've flagged for some time that regulatory risk is increasing because of high and rising retail gas and electricity prices. It is one of the two key medium-term risks for utility investors; the other being rising global bond yields. The government should decide by the end of the year whe...AusNet Services is an energy delivery business. Co. operates in four segment: electricity distribution, which delivered electricity to over 690,000 customer connection points in eastern Victoria including Melbourne's outer eastern suburbs at Mar 31 2016; gas distribution, which delivered natural gas to over 660,000 customer connection points in central and western Victoria including some of Melbourne's western suburbs at Mar 31 2016; electricity transmission, which is engaged in the transmission of electricity within the state of Victoria; and select solutions, which provides metering, asset intelligence and telecommunication solutions to the utility and infrastructure sectors.
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