On 20 June 2024, AusNet Services submitted a cost pass through application to the AER, seeking to recover distribution network costs incurred as a result of the 13 February 2024 storm in Victoria.
This weather event caused widespread damage to about 25% AusNet Services’ distribution network. At the peak of the 13 February 2024 storm, 255,000 customers experienced power outages at the same time, around 30% of AusNet Services’ customer base.
AusNet Services has sought an increase in allowed revenue of $26.5 million ($2021, smoothed) to recover the costs arising from the February 2024 storm event. This includes costs associated with an increase in
labour required for emergency response (internal and contracted) and Guaranteed Service Level (GSL)
payments.
Consultation
Interested parties are invited to make submissions on AusNet Services' 13 February storm cost pass through application by 19 August 2024.
Extension of time limit
On 30 July 2024 we issued a notice to AusNet Services extending the time limit for making a decision on its 13 February 2024 Storm Event cost pass through application, by 60 days, in accordance with clause 6.6.1(k1) of the National Electricity Rules. The AER now has 100 business days, commencing from 20 June 2024, to make a determination on AusNet Services' application.