Higher power bills for Tasmanian energy customers ahead
The plan will allow $1.2 billion of national incomeThe company owned during that time,xa0Starting in 2019.
Estimated income isxa0US $0.108 billionxa0Down from five years ago.
The company said in a distribution regulation proposal submitted to the Australian Energy Regulator that customer network costs are slightly higher than the consumer price index, but will still be lower than the previousmerger levels.
Networkxa0Electricity bills account for the electricity bills in tas man state, and wholesale electricity bills account for 36.8%, retail costs 11.8 per cent.
The company will reduce transmission revenue within five years.Revenue for the year was $16 million, but revenue from its distribution network increased by $40 million.
TasNetworks wants to increase capital spendingxa0$0.739 billion in 201924, by contrastxa0It cost $0.563 billion five years ago.
Operating expenses are expected to decrease by $0.406 billion over $0.394 billion.
Tasnetwork\'s plan was carried out the same week as a study by the Grattan Institute, which found that because the company\'s assets were overvalued, the study paid as much as $400 a year.
It says bad government decisions over the past decade have ledInvestment in infrastructure means consumers have to pay more for services.
TasNetworks reported a net profit of $93.9 million a refund of $0.126 billion in dividends and taxes in the past fiscal year.