Australian Capital Territory

Utilities (Annual Licence Fees) Notice 2004 (No 1)*
Notifiable Instrument NI2004-226

made under the

Utilities Act 2000, s 52 (1) (i) (Public notice of licence decisions)
The Independent Competition and Regulatory Commission (ICRC) has determined, under the Utilities Act 2000, section 45 (1), the annual licence fee payable by Powerdirect Pty Ltd to supply electricity in the ACT for the year ending 30 June 2005. 

The fee is set out in the Schedule to this determination. Table 1 of the Schedule details the expected costs in relation to the licensee of the performance of functions under the Act and regulations of the ICRC, the Essential Services Consumer Council and the costs of technical regulation under Part 5 of the Act.  The determined annual licence fee is the sum of 100% of the expected costs relating to the licensee in respect of the utility services as set out in Table 1.

The fee is payable by 13 August 2004.

The determination is available for inspection during ordinary office hours, free of charge, at the ICRC office, Level 7 Eclipse House, 197 London Circuit Canberra City.  A copy of the document may be made at the ICRC office.

The determination may also be viewed on the ACT Government’s website at www.legislation.act.gov.au/ni.

Independent Competition and Regulatory Commission
13 July 2004

 SCHEDULE

Table 1.  Expected costs relating to licensee ($)

Licensee	Utility Service 	ACT Planning and Land Authority	Independent Competition and Regulatory Commission 	Essential Services Consumer Council 	 Total 	
Powerdirect Pty Ltd	Electricity  supply	0	5,500	0	5,500	

Table 2.   Scope and nature of services provided by licensee

Section of the Act/ Utility Service	Scope and nature of services	
6(c)
Electricity supply	Sale and supply of electricity from an electricity distribution network to customers’ premises. 	

Table 3: Annual Licence Fees

Licensee	 Annual Licence Fee ($)	
Powerdirect Pty Ltd (electricity)	5,500