The ACCC, in accordance with its responsibilities under the national electricity code conducted an inquiry into the appropriate revenue cap to apply to ElectraNet SA, for a five and a half year period commencing 1 January 2003.

The ACCC's decision drew on ElectraNet SA's application, consultancy reports on the asset base, capital and operating expenditure and service standards, submissions from interested parties, the draft decision, presentations from the public forum, submissions received in response to the draft and other information presented to the ACCC during the course of its deliberations.