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Synergy retails electricity transmitted through the Western Power network. Photo: Attila Csaszar

Move, cautiously, to electricity competition: Wood

Grattan Institute energy program director Tony Wood has said the state government should proceed, but move cautiously, toward full retail contestability in the local electricity market.

Such a move would mean energy retailers were able to compete with Synergy in providing power to households in the South West Interconnected System, in the same way that gas companies did.

The current rules permit competition only at consumption levels above 50 megawatt hours a year, roughly the level of an independent supermarket.

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Total revenue

1st-Gold Corporation$9.01bn
2nd-GESB$3.38bn
3rd-Synergy$3.13bn
4th-Water Corporation$2.72bn
5th-Western Power$1.84bn
32 state government businesses ranked by total revenue - this year

Number of Employees

State Government Businesses

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