Essential Services Commission (Victoria)
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The Essential Services Commission (ESC) is the economic regulator established by the State Government of Victoria, Australia to regulate prescribed essential utility services supplied by the electricity, gas, water, ports, grain handling and rail freight industries and aspects of the insurance industry. The ESC commenced operations on 1 January 2002, subsuming the Office of the Regulator-General Victoria.
The Council of Australian Governments has agreed to transfer electricity retail and distribution regulation (other than retail pricing) to a national framework in 2007.
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