Western Power—Operating expenditure
166. Hon Dr Steve Thomas to the Leader of the House representing the Minister for Energy and Decarbonisation:
I refer to the operational expenditure of Western Power.
(1) For each financial year from 2020–21 to 2024–25 to date:
(a) What was Western Power's operating expenditure budget in advance for each year?
(b) What was Western Power's operational expenditure out turn for each year?
(2) What is the current Western Power operating expenditure forecast for 2024–25 and 2025–26?
(3) What is the economic regulator envelope for Western Power operational expenditure for 2024–25 and 2025–26?
Hon Stephen Dawson replied:
I thank the honourable member for some notice of the question. The answer to (1)(a) and (1)(b) and (2) are all in tabular form. I seek leave to have them incorporated into Hansard.
Leave granted for the following material to be incorporated.
1(a).
Financial Year |
Operating Expenditure Budget |
2020–21 |
$478m |
2021–22 |
$497m |
2022–23 |
$565m |
2023–24 |
$567m |
2024–25 |
$610m |
1(b).
Financial Year |
Operational Expenditure Outturn |
2020–21 |
$475m |
2021–22 |
$504m |
2022–23 |
$570m |
2023–24 |
$576m |
2.
Financial Year |
Operating Expenditure Forecast |
2024–25 |
$610m |
2025–26 |
To be determined as part of the State Budget. |
(3) The Economic Regulation Authority published its decision on Western Power's regulated allowable operational expenditure in 2023.