Essential Services Commission Revenue and Competitors

The Essential Services Commission is Victoria's lead applied micro-economics agency, with functions spanning many significant industries including energy and energy efficiency, water, transport (taxis, towing, rail & ports) and local government. We also support the Government by applying our economic and regulatory expertise when conducting one-off inquiries across a diverse range of policy areas. The Commission's functions include: - Making regulatory decisions with respect to certain prescribed industries including making price determinations, licensing, customer protection and resolving access disputes - Undertaking reviews and providing advice to Ministers on a range of economic and regulatory matters and - Administering the Victorian Government's energy efficiency target scheme. The Commission's objectives are set out in the Essential Services Commission Act 2001 and other relevant industry-specific legislation. Its primary objective is to promote the long-term interests of all customers with respect to price, quality and reliability of essential services. The ESC is structured as a Commission comprising a full-time Chairperson and two part-time Commissioners. It is supported by around 80 staff led by a Chief Executive Officer and four Executives. The Commission's work is delivered through three Regulatory and other Divisions and is supported by the Corporate Services Division. Economic and regulatory advice, regulation of utility sectors