Two new government owned corporations, Jacana Energy and Territory Generation, have been formed as a result of the splitting of the Power and Water Corporation, which came into effect on 1 July 2014.
Jacana Energy is responsible for the retail part of Power and Water and Territory Generation manages electricity generation. Power and Water will continue to operate water and sewerage services and the power network.
“We want to reassure customers that the separation of Power and Water will not alter the delivery of their services,” Power and Water Corporation Managing Director John Baskerville said.
“What will change is that from the beginning of August, customers will receive their electricity bill from Jacana Energy and their water and sewerage bill from Power and Water Corporation. Customers will be able to pay their bills in the usual way including over the phone, online, at Australia Post and at Power and Water retail shop fronts. Power and Water will simply process payments on behalf of Jacana Energy,” he said.
Electricity connections and disconnections for Jacana Energy customers will also be processed through existing Power and Water Corporation shop fronts.
“This is an exciting new phase in the provision of utilities to the Northern Territory,” Mr Baskerville said.
“Territory Generation will produce electricity for Jacana Energy and they will also be able to sell power to other electricity retail companies, should they enter the Northern Territory market,” he said.
The structural separation of the Power and Water Corporation into three government owned corporations is a Northern Territory government initiative with the legislation assented to on Tuesday 13 May 2014.