Company Profile

ACTEW is an unlisted public company with assets and investments in water, wastewater, electricity and gas. ACTEW is owned by the ACT Government. The company’s voting shareholders are the Chief Minister and Deputy Chief Minister of the ACT. ACTEW has corporate reporting and compliance obligations under Corporations Law. Legislation governing the supply of water and sewerage services includes the Utilities Act 2000, Water Resources Act 2007, Environment Protection Act 1997, Water and Sewerage Act 2000 and the Public Health Act 1997.

ACTEW owns and manages the water and sewerage business and assets in the ACT and is a 50% owner of ActewAGL, a joint venture with AGL Energy Limited and Singapore Power.

ACTEW has two wholly owned subsidiary companies: ACTEW Retail Limited and ACTEW Distribution Limited, which are ACTEW's partnership companies in ActewAGL.

History

ACTEW's functions were originally performed within the Commonwealth Public Service. In 1962 the Australian Capital Territory Electricity Authority (ACTEA) was formed. In 1988 the Australian Capital Territory Electricity and Water Authority (ACTEWA) was established. ACTEWA was abolished in 1995 and ACTEW Corporation Limited was established under the Corporations Law on 1 July 1995.

On 1 July 2012, ACTEW resumed management, operations and maintenance of our water and sewerage assets and business. This was previously undertaken by ActewAGL on behalf of ACTEW.