The ACCC conducted an inquiry into the appropriate revenue cap to apply to the Tasmanian electricity transmission network, owned and operated by Transend Networks. The revenue cap will apply for five and a half years commencing 1 January 2004.

On 24 September 2003 the ACCC approved the release of its draft decision. On 10 December 2003, after consultation with Transend and other interested parties on the draft decision, the ACCC made its final revenue cap decision. The final decision was released on 17 December 2003.