Energy Prices, page-39

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    No.

    I think you should read the report I posted as you're too blinded by your ideological hate of renewable energy.

    The Committee considered whether the cost of debt to government-owned NSPs should include a notional fee to compensate jurisdictional governments (and hence tax payers) for the use of the governments’ AAA credit ratings by their NSPs. Such an arrangement exists, for example, in the fee that the Commonwealth Government charges to banks for the credit guarantees that it has provided to them since the Global Financial Crisis.

    However, on balance, the Committee concluded that such a fee could not be justified. This is because jurisdictional governments are already deriving extraordinary returns from their ownership of NSPs. For example, based on data provided by the New South Wales Auditor General, the New South Wales Government achieved a return on its investment in its NSPs of more than 29% in 2010. This is around three times higher than what the AER considers to be a reasonable return on investment. A large part of this higher return is
    Proposal to change the National Electricity Rules explained by the governments’ ability to collect the profits as well as tax on profits delivered by its NSPs, and its practice of adding a margin on to the cost of debt that it provides to its NSPs.
 
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