Trading name TasNetworks Owner Government of Tasmania Founded 1 July 2014 | Website www.tasnetworks.com.au Headquarters Lenah Valley Type of business State government owned | |
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Predecessors Transend Networks, Aurora Energy (distribution) | ||
Tasnetworks success with the best network products services
TasNetworks, the trading name of Tasmanian Networks Pty Limited, is a Tasmanian Government-owned corporation that is responsible for electricity transmission and distribution throughout Tasmania. They also own and operate a telecommunications network throughout the state. TasNetworks is a participant in the Australian National Electricity Market (NEM) that operates an interconnected power system that extends from Queensland to South Australia. Tasmania is connected to the NEM via Basslink.
Contents
- Tasnetworks success with the best network products services
- Tasnetworks delivering your power
- References
TasNetworks was formed on 1 July 2014 by the merger of transmission company Transend Networks and the distribution division of Aurora Energy; with the resultant wind-up of Transend Networks, and Aurora Energy becoming a retail-only business and a fall in Tasmanian electricity prices.
TasNetworks also owns and operates a telecommunications business that serves customers in the electricity supply industry and in other industries.
TasNetworks is a regulated monopoly that receives its revenue cap from the Australian Energy Regulator.
The company has two shareholders, the Minister for Energy and the Treasurer of Tasmania.