Consumer interests: what we are doing, what we have discovered so far, and what questions does this raise for regulators?

Delivered as part of 'The discovery, assessment and use of evidence in regulatory and competition law decision making', Annual Competition and Regulation Conference 2018

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Regulation and public interest outcomes in energy and water: moving beyond compliance and towards a ‘Sustainable Licence to Operate’ for a disrupted world

Delivered as part of 'Regulation and public interest ourcomes in energy and water: moving beyond compliance and towards a sustainable 'licence to operate' for a disrupted world'', Hertford Seminar in Regulation 2018

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A new regulatory framework for the Victorian water industry

The Australian state of Victoria will be implementing a new water pricing framework for the next regulatory price review in 2018. The framework will apply to 16 of the State’s urban water businesses and Southern Rural Water. In May 2016, the Essential Services Commission (ESC), Victoria’s economic regulator, released a position paper setting out a proposed, new pricing approach and invited submissions on its proposal.3 Based on feedback received through this consultation process, the ESC released a final report in October 2016 that sets out the water pricing framework and approach that is to be implemented from 2018.4

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Read more about the article Privatisation and untoward consequences in water services: the regulator’s role
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Privatisation and untoward consequences in water services: the regulator’s role

Privatisation and untoward consequences in water services: the regulator's role Utilities were privatised:- to enable them to finance investment outside public expenditure controls, to improve choice for customers through greater competition, and to harness private enterprise to increase efficiency through incentive regulation. A regulator (Ofwat) was appointed, independent of Ministers, with statutory duties to secure that regulated companies carry out their legal duties, and can finance them, and to protect customers from abuse of monopoly power.

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