Western Australian Government – Network and retail expenditure reviews and financial forecasts

EMCa undertook a network expenditure review of Western Power (capex and opex) at the time immediately preceding the establishment of Electricity Networks Corporation (the current entity trading as Western Power) and the retail entity Synergy. This review was conducted for the WA Government and involved financial modelling of the projected revenues and expenditures, and long-term pro-forma future financial statements, which allowed the Government to establish balance sheet funding parameters for the new entities and to assess electricity retail pricing implications of the de-merger.