Prospect Electricity was the

state-owned corporation A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goo ...

owned by the

Government of New South Wales The Government of New South Wales, also known as the NSW Government, is the executive state government of New South Wales, Australia. The government comprises 11 portfolios, led by a ministerial department and supported by several agencies. Th ...

, Australia, that was responsible for retailing electricity to consumers in the

Greater Western Sydney Greater Western Sydney (GWS) is a large region of the metropolitan area of Greater Sydney, New South Wales (NSW), Australia that generally embraces the north-west, south-west, central-west, far western and the Blue Mountains sub-regions with ...

region between 1991 and 1996. It was founded in 1957 as the Prospect County Council, as a spin-off from the

Sydney County Council The Sydney County Council (SCC) was a County council (New South Wales), county council established in 1935 to produce electricity and operate the electricity network in a number of municipalities in metropolitan Sydney. SCC was established by t ...

, which was responsible for supplying electricity to much of the eastern half of Sydney. As with the Sydney County Council, it was controlled by local councils in the area, until 1989 when the state government began to take control of electricity suppliers. Local government control was fully ended in 1991, when Prospect Electricity, a government business enterprise, was formed. On 1 March 1996, Prospect Electricity was merged with

Illawarra Electricity The Illawarra is a coastal region in the southeast of the Australian state of New South Wales. It is situated immediately south of Sydney and north of the South Coast region. It encompasses the two cities of Wollongong, Shellharbour and the co ...

to form

Integral Energy Integral energy is the amount of energy required to remove water from soil with an initial water content \theta_i to water content of \theta_f (where \theta_i > \theta_f). It is calculated by integrating the water retention curve, soil water pote ...

, in preparation for the

National Electricity Market The National Electricity Market (NEM) is an arrangement in Australia's electricity sector for the connection of the electricity transmission grids of the eastern and southern Australia states and territories to create a cross-state wholesale ele ...

& electricity deregulation.Retail Competition in Electricity Supply: An Issues Paper
New South Wales Energy Reform Taskforce, November 1995. Retrieved 23 December 2010.

References

Electric power companies of Australia Defunct utility companies of New South Wales Defunct government-owned companies of Australia Government-owned companies of New South Wales Australian companies established in 1991 Energy companies established in 1991 Australian companies disestablished in 1996 Energy companies disestablished in 1996 Defunct electric power companies of Australia {{Australia-company-stub