determination
n. FORMAL firm decision, decisiveness
The ESC has now called for submissions on its determination before it issues a final report in September.
The ESC has also instigated an independent assessment of the expenditure needs of two distributors, CitiPower and Powercor, both of which are owned by the Cheung Kong group.
...
Overall the draft determination demands that Victoria's five power distributors cut their tariffs by between 14 and 25.5 per cent next year. However, revenue reductions for the companies should be less than those figures as they are benefiting from increases in electricity sales and improved efficiency in their operations.
The ESC has now called for submissions on its determination before it issues a final report in September.
The ESC has also instigated an independent assessment of the expenditure needs of two distributors, CitiPower and Powercor, both of which are owned by the Cheung Kong group.
...
Overall the draft determination demands that Victoria's five power distributors cut their tariffs by between 14 and 25.5 per cent next year. However, revenue reductions for the companies should be less than those figures as they are benefiting from increases in electricity sales and improved efficiency in their operations.
posted by Dennis @ Thursday, June 23, 2005
0 Comments:
Post a Comment
<< Home