Electricity Reform Act 2012

For the purposes of this Act, the objectives of electricity reform are –

to assist in ensuring that the prices that customers are charged for electricity are as low as is consistent with ensuring the financial viability of the electricity supply industry; and to ensure that the supply of electricity in Tasmania is safe, secure and reliable; and to ensure that the advantage to Tasmania of generating electricity by means of renewable energy sources is maximised; and to ensure that State-owned electricity entities are financially viable and operated efficiently and effectively and that their overall economic benefit to Tasmania is maximised.