Perth Energy
Introduction
www.perthenergy.com.au
Perth Energy was established in 1999 as Western Australia's market began to deregulate, building a notable retail customer base spreading across the commercial and industrial segments. Market reform since has taken customer contestability to the current small business demand level of 5.7kW (size of a deli), with the previous integrated utility Western Power being disaggregated in April 2006 into its current generation, retail and networks businesses. A Wholesale Electricity Market was established in September that year.
In 2009, Perth Energy obtained its Gas Retail License, following successful ventures in supplying gas to industrial loads.
Perth Energy has since built a small retail base of commercial and industrial customers. Now, supported by Infratil and the power station development, Perth Energy has substantial retail growth aspirations to cement its position as the third energy supplier in the SWIS; being just one of three electricity retailers licensed to supply smaller-use customers.
Supported by Infratil, the company developed a 120MW dual-fuel peaking power station in Kiwinana, Perth's industrial heartland, which was commissoned for commercial delivery in 2010. The power station is named Kwinana Swift for its use of Pratt & Whitney's fast response Swiftpac gas turbines.
The board of Perth Energy comprises
| Vaughan Busby (Chairman) – Director of Lumo Energy; |
| Paul Forsyth – Chief Financial Officer of Infratil Energy Australia & Lumo Energy; |
| Rod Jones – Chief Executive of ASX listed Navitas Group; |
| Darryl Flukes – Chief Executive of Infratil Energy Australia; |
| Ky Cao (Chief Executive) |
People
Ky Cao
Chief Executive
Ky is a founding director and shareholder of Perth Energy. He established the Company after having spent 10 years in the treasury and finance, business marketing and energy trading departments of Western Power Corporation and its predecessor State Energy Commission of WA.
Ky was instrumental in electricity reform process, developing market design and rules through membership of the Electricity Reform Task Force working groups. He established and chaired the Independent Power Advisory Group to provide Government with industry and strategy input for the programs throughout 2001-05. He has participated in numerous forums including the Office of Energy’s industry reference group, IMO’s market advisory committee and CCIWA’s energy reference group. Ky holds a Master of Economics from the University of Western Australia.
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