special investigation review of the effectiveness full retail competition for electricity draft report august 2002 2nd floor 35 spring street melbourne 3000 telephone 61 3 9651 0222 facsimile 3688 email reception esc vic gov au web site http www i preface on friday 12 october 2001 minister energy referred to then office regulator general1 two investigations related prices under part 4a general act 1994 terms reference these were published in victorian government gazette s167 and are included appendix a first is standing commission investigate any proposals by retailers amend their tariffs sale domestic small business customers or deemed its proposed price increases final december second subject this requires whether frc likely be effective respect