TasNetworks
 | |
| State government owned | |
| Traded as | TasNetworks |
| Industry | Utility |
| Predecessor | Transend Networks, Aurora Energy (distribution) |
| Founded | 1 July 2014 |
| Headquarters | Lenah Valley, Tasmania, Australia |
Area served | Tasmania |
| Services | Electricity transmission and distribution, Telecommunications |
| Owner | Government of Tasmania |
| Website |
www |
Tasmanian Networks Limited, trading as TasNetworks, was formed by the merger of transmission company Transend Networks and the distribution division of Aurora Energy on 1 July 2014. This resulted in the winding-up of Transend Networks, and Aurora Energy becoming a retail-only business.[1] The merger resulted in a drop in Tasmanian electricity prices.
TasNetworks is a participant in Australia's National Electricity Market (NEM). The NEM operates on an interconnected power system that extends from Queensland to South Australia. Tasmania is connected to the NEM via Basslink.
TasNetworks also owns and operates a telecommunications business that serves customers in the electricity supply industry and in other industries.
TasNetworks is a regulated monopoly that receives its revenue cap from the Australian Energy Regulator.[2]
References
- ↑ "Tasmania throws switch on retail energy competition". Australian Broadcasting Corporation. 1 July 2014. Retrieved 17 August 2014.
- ↑ "Australian Energy Regulator - TasNetworks". Retrieved 17 August 2014.
External links
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