On 16 December 2021, ElectraNet submitted a cost pass through application to the AER, seeking to recover additional insurance premium costs incurred in the 2021–22 financial year. ElectraNet sought an increase in allowed revenue of $3.38 million, adjusted to $3.4 million following an information request.
On 23 March 2022, the AER released its decision to approve a positive pass-through amount of $3.4 million to be recovered from transmission network users in 2022–23.
Consultation
Interested parties were invited to make submissions on ElectraNet’s 2021–22 insurance cost pass through application by 31 January 2022. No submissions were received.