{{short description|Privately-owned principal electricity distributor in South Australia}} {{refimprove|date=December 2020}} {{use dmy dates|date=December 2020}} {{use Australian English|date=December 2020}} {{Infobox company | name = SA Power Networks | logo = Sapowernetworkslogo.png | caption = | type = Private | traded_as = | fate = | predecessor = Electricity Trust of South Australia (ETSA)<!-- not ETSA Utilities --> | successor = | foundation = 1999 <!-- {{Start date|YYYY|MM|DD}} --> | founder = | defunct = <!-- {{End date|YYYY|MM|DD}} --> | location_city = Keswick, South Australia | location_country = Australia | location = | locations = | area_served = South Australia | key_people = Peter Tulloch (chairman) | industry = Energy | products = Electricity distribution | services = | revenue = | operating_income = | net_income = | assets = | equity = | owner = Cheung Kong Infrastructure Holdings<ref name=CKI>{{cite news|url=http://www.adelaidenow.com.au/news/south-australia/sa-power-networks-owned-by-billionaire-li-kashing-makes-four-times-more-profit-out-of-us-than-its-uk-group/story-fni6uo1m-1226943633683?nk=3212ed0b91b724ee29b85936e2622c89-1435618478|title=SA Power Networks owned by billionaire Li Ka-Shing makes four times more profit out of us than its UK group}}</ref> (51%)<br>Spark Infrastructure (49%) | num_employees = | parent = | divisions = | subsid = | homepage = {{official website|http://www.sapowernetworks.com.au/}} | footnotes = | intl = }}
'''SA Power Networks''' is the principal electricity distributor in the state of South Australia, delivering electricity from high voltage transmission network connection points operated by ElectraNet. It is the successor to the Electricity Trust of South Australia.
==Ownership== SA Power Networks arose from the split up of the generation, transmission, distribution and retail responsibilities of the former SA Government-owned Electricity Trust of South Australia and its subsequent privatisation in 1999. The distribution business is owned by the Hong Kong–based Cheung Kong Infrastructure Holdings<ref name=CKI/> (51%), and Spark Infrastructure (49%). SA Power Networks is structured as a partnership of CKI Utilities Development Limited,<ref>{{cite web | url=http://ckh.com.hk/en/global/home.php | title=CK Hutchison Holdings Limited }}</ref> PAI Utilities Development Limited, each incorporated in the Bahamas; and Spark Infrastructure SA (No. 1) Pty Ltd, Spark Infrastructure SA (No. 2) Pty Ltd, and Spark Infrastructure SA (No. 3) Pty Ltd, each incorporated in Australia.
==Regulated electricity distribution== SA Power Networks operates its electricity distribution business under a licence granted by the Government of South Australia.
The business is subject to regulation by the Australian Energy Regulator and Essential Services Commission of South Australia. Regulation of the business primarily relates to establishing service standards and setting the revenue required to meet those standards cost efficiently.
SA Power Networks is the fifth largest electricity distributor in the Australian National Electricity Market (NEM).{{when|date=December 2020}} ==See also== * Australian Energy Market Operator * Electricity Trust of South Australia * National Electricity Market * Spark Infrastructure
==References== {{reflist}}
==External links== * [http://www.sapowernetworks.com.au SA Power Networks website] * [http://www.sparkinfrastructure.com/ Spark Infrastructure website] * [https://arena.gov.au/blog/sa-power-networks-inverters-promise-flexible-solar-exports/ SA Power Networks inverters promise flexible solar exports, 7 Oct 2020]
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Category:Companies based in Adelaide Category:Electric power distribution network operators in Australia