In this Part, unless
the contrary intention appears —
contestable annual volume means the portion of
total annual volume that is a contestable supply;
contestable proportion means that proportion of
the Regional Power Corporation’s total supply of electricity in a
financial year to consumers through its covered Pilbara network that is a
contestable supply, calculated as contestable annual volume divided by total
annual volume;
contestable supply means the supply of electricity
to consumers who are not prescribed customers;
costs means capital and non-capital costs;
generation costs means any costs incurred by the
Regional Power Corporation to generate or procure electricity for supply to
consumers through the interconnected Pilbara network;
historical generation costs means any generation
costs —
(a) that
were incurred before 19 August 2019; or
(b) that
are incurred on or after 19 August 2019 under commitments made by the Regional
Power Corporation before that date and that are costs that a prudent supplier,
seeking to reasonably minimise costs, could not reasonably avoid;
NBU means the segment of the Regional Power
Corporation that has the functions and business of providing services through
the interconnected Pilbara network;
prescribed customer has the meaning given to that
term in the Electricity Corporations Act 2005 section 54;
Temporary Access Contribution Account means the
account referred to in section 129M;
temporary access contribution means a temporary
access contribution determined under section 129N(1);
termination date means the date prescribed by the
regulations as the termination date;
total annual volume means the total quantity of
electricity supplied by the Regional Power Corporation in a financial year
through its covered Pilbara network, expressed in kilowatt hours;
user means a Pilbara network user as defined in
section 120.
[Section 129L inserted: No. 9 of 2020 s. 26.]