Victoria’s revived SEC may not have to compete on level playing field

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Victoria’s revived SEC may not have to compete on level playing field
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The new version of the State Electricity Commission looks set to be exempt from a levy designed to stop government businesses having a competitive advantage.

The State Electricity Commission could be exempted from a levy that would put it on a level playing field with the private energy sector, as part of an Allan government bid for crossbench support to enshrine the resurrected energy agency in the state Constitution.for then-premier Daniel Andrews at the 2022 state election.Jason South

Labor is working to shore up crossbench support, including from the four Greens, Legalise Cannabis and Animal Justice Party MPs and former Labor minister turned independent Adem Somyurek. “We want the government to honour its promises of lower power bills and increased investment in renewables,” Read said.

Australian Industry Group director of climate change and energy Tennant Reed said exempting the SEC from the levy would make it “much more capable of doing the kind of market transformation job that people think it can do”. He said application of competitive neutrality to the SEC would make it an “aimless entity” and that exempting it from the levy would at least give it “a purpose and, potentially, an important role co-ordinating the production, storage and transmission of renewable energy”.

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