The AER has determined that the 13 February 2024 storm met the definition of a natural disaster pass through event, and that the incremental costs meet the materiality threshold for a positive change event. The AER has approved a positive pass through amount of $30.1 million ($nominal, smoothed) to be recovered over the following three regulatory years:
- $9.6 million to be recovered in 2025–26
- $10.0 million to be recovered in 2026–27
- $10.4 million to be recovered in 2027–28