Essential Services Commission 2025-26 annual report
Summary
The report's own summary: From the CEO and Chairperson, pages 6 to 7
Generated summary: written by an AI model from the report text and checked against the cited pages.
The Essential Services Commission’s 2025–26 report covers economic regulation of energy, water and transport, council rate caps and the Victorian Energy Upgrades program.
The commission reported accepting a court enforceable undertaking requiring Greater Western Water to provide a $130 million remediation package after billing failures.
It reported that 77% of surveyed stakeholders rated its reputation at least seven out of ten, above the 65% target.
It recorded a net surplus of $11.3 million, comprising $6.6 million in the Enforcement Fund and $4.7 million in the Operating Fund.
In the body's own words
- Conclusion
As penalty revenue is unpredictable and not directly linked to annual enforcement expenditure, the Enforcement Fund may record either a surplus or deficit in any given year.
Finances 4
Total income from transactions
$65,764 thousand
Printed as
Total income from transactions 65,764 106,144
Total expenses from transactions
$(52,443) thousand
Printed as
Total expenses from transactions (52,443) (77,775)
Employee expense
$(39,230) thousand
Printed as
Employee expense 3.1.1 (39,230) (38,276)
Net result
$11,304 thousand
Printed as
Net result 11,304 28,382
Staff 2
Total employees
243 people
Printed as
Total employees 243 232.8 185 34 209.9 24 22.9
Total employees
232.8 FTE
Printed as
Total employees 243 232.8 185 34 209.9 24 22.9
Executives and remuneration 3
Total number of executives (i)
15
Printed as
Total number of executives (i) 15 14
Total executive numbers at 30 June
14
Printed as
Total executive numbers at 30 June 14 13
Total remuneration of executives (i)
$3,522,409
Printed as
Total remuneration of executives (i) $3,522,409 $3,279,482
Consultancies 1
Consultancies over $10,000
$1,024,548
Printed as
We engaged 19 consultancies at a total expenditure of $1,024,548 (excluding GST).
Other figures 4
Compliance and enforcement activities – energy
244
Printed as
Compliance and enforcement activities – energy number 244 150
Compliance and enforcement activities – Victorian Energy Upgrades program
5,935
Printed as
number 5,935 200 2,868%
Victorian Energy Upgrades program approvals and refusals
1,423
Printed as
Victorian Energy Upgrades program approvals and refusals number 1,423 1,100
Reviews, investigations or advisory projects(i)
4
Printed as
Reviews, investigations or advisory projects(i) number 4 2 +100%
About the document
- Edition
- Current edition
- Reading status
- Read by OPAX
- Pages
- 106
- Figures not found in the report
- Consultancy; Head remuneration