Aurora Energy
Aurora Energy is a state government-owned electricity retailer in Tasmania.
History
Aurora was formed by the disaggregation of the Tasmanian Hydro Electric Commission (HEC) on 1 July 1998. Formed under the Electricity Companies Act 1997, Aurora is subject to the Corporations Act 2001. The company is wholly owned by the Government of Tasmania, with its two shareholders being the Minister for Energy and Resources, and the Treasurer.
The division of the HEC resulted in the creation of three companies - Hydro Tasmania which generates the power, Transend Networks which transmits it across the state, and Aurora Energy, the distribution and retail arm, which sells and distributes it to customers. This was in anticipation of Tasmania joining the National Electricity Market (NEM), which opened up the market to competitors.
A subsidiary company, Aurora Energy (Tamar Valley) Pty Ltd, trading as AETV Power, owned and operated the Tamar Valley Power Station in northern Tasmania using natural gas that is piped in from Victoria to generate electricity. From 1 June 2013, the power station, its customers and associated contracts have transferred to Hydro Tasmania.