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Perth Energy’s Andrew Rowe called for a relaxation of the laws limiting competition in electricity retailing. Photo: Attila Csaszar

Power players keen to compete with Synergy in more open marketplace

A state government proposal under which electricity retailers could sell to households and small businesses would lower prices and encourage innovation, according to industry players spoken to by Business News.

The state government signalled in May that it favoured a move to greater retail contestability, although it is yet to firm up a timeline or confirm its position.

To further complicate such a move, changes to the way state-owned generator and retailer Synergy operates may be required and its market power reduced.

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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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