Essential Services Commission (Victoria)
Encyclopedia
The Essential Services Commission (ESC) is the economic regulator established by the State Government of Victoria
, Australia to regulate prescribed essential utility services supplied by the electricity, gas, water, ports, grain handling and rail freight industries and aspects of the insurance industry. The ESC commenced operations on 1 January 2002, subsuming the Office of the Regulator-General Victoria.
The Council of Australian Governments
has agreed to transfer electricity retail and distribution regulation (other than retail pricing) to a national framework in 2007.
Government of Victoria
The Government of Victoria, under the Constitution of Australia, ceded certain legislative and judicial powers to the Commonwealth, but retained complete independence in all other areas...
, Australia to regulate prescribed essential utility services supplied by the electricity, gas, water, ports, grain handling and rail freight industries and aspects of the insurance industry. The ESC commenced operations on 1 January 2002, subsuming the Office of the Regulator-General Victoria.
The Council of Australian Governments
Council of Australian Governments
The Council of Australian Governments is an organisation consisting of the federal government, the governments of the six states and two mainland territories and the Australian Local Government Association. It was established in May 1992 after agreement by the then Prime Minister, Premiers and...
has agreed to transfer electricity retail and distribution regulation (other than retail pricing) to a national framework in 2007.