Reform Action Overview
Major achievements in NSW electricity reform include:
- Development of the legislative and policy frameworks for regulation of the NSW electricity supply industry.
- Participation in the development and operation of the National Electricity Market and its institutions.
- Implementation of full electricity retail competition in NSW, with the final phase taking effect from 1 January 2002.
- Restructuring and associated reforms relating to NSW electricity businesses
Detailed milestones contributing to these achievements include:
| May 1995 | Reform policy announced in the Electricity Reform Statement |
| October 1995 | Amalgamation of 25 electricity distributors into six electricity distributors |
| February 1996 | Separation of the transmission network operator, TransGrid, from Pacific Power |
| March 1996 | Commencement of the Electricity Supply Act 1995 |
| March 1996 | Formation of the Sustainable Energy Development Authority |
| March 1996 | Dissaggregation of Pacific Power into three generation businesses |
| March 1996 | Corporatisation of two generation businesses, TransGrid and six electricity distributors as State owned corporations. |
| May 1996 | Commencement of the NSW interim State wholesale market. |
| June 1996 | Policy for Retail Competition in Electricity Supply announced. |
| October 1996 | Commencement of Retail Competition - NSW customers using more than 40 GWh pa able to choose their retail supplier |
| April 1997 | NSW customers using more than 4 GWh pa able to choose their retail supplier |
| July 1997 | NSW customers using more than 750 MWh pa able to choose their retail supplier |
| July 1998 | NSW customers using more than 160 MWh pa able to choose their retail supplier |
| November 1998 | Commencement of the National Electricity Market |
| November 1999 | Formation of the Market Implementation Group in NSW Treasury |
| August 2000 | Separation of Eraring Energy from Pacific Power |
| January 2001 | Commencement of the Electricity Tariff Equalisation Fund |
| January 2001 | NSW customers using more than 100 MWh pa able to choose their retail supplier |
| July 2001 | Amalgamation of three electricity distributors to form Country Energy |
| July 2001 | NSW customers using more than 40 MWh pa able to choose their retail supplier |
| January 2002 | Full retail competition – All NSW customers able to choose their retail supplier |
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