Synergies is expert in economic regulation and advises a diverse range of services to regulated utilities including electricity, water, port, rail and gas infrastructure service providers, reflecting our deep understanding of economic regulatory frameworks.
We prepare expert reports in relation to access declaration application and assist in the development of access undertakings. We are also highly skilled in providing expert reports and testimony on a wide range of issues relating to price and non-price commercial disputes.
Synergies use price, revenue and costing models to assist clients understand the financial impact of investments in new and existing major economic infrastructure. We also have experts in cost of capital analysis who advise in the appropriate cost of capital for regulatory pricing purposes, including developing detailed submissions for regulatory reviews.
Case study
Synergies was engaged by Western Power to prepare an expert report on the outlook for wages, inflation and productivity to support its proposed access arrangement to the Economic Regulation Authority for the 2021-22 to 2026-27 regulatory period. Our expert report provided forecasts of Wage Price Index (WPI) for the Electricity, Gas, Water and Waste Services sector (EGWWS) and the Consumer Price Index (CPI), as well as for opex productivity.