On 30 November 2023, SA Power Network submitted a cost pass through application to the AER, seeking to recover costs incurred responding to the flood event along the South Australian portion of the River Murray during the period November 2022 to February 2023. SA Power Networks is seeking an increase in allowed revenue of $11.10 million in 2024-25 to recover the incremental costs arising from the 2022-23 flood event.
On 22 March 2024, the AER published its determination on SA Power Networks’ cost pass through application. Our decision is to approve a positive pass through amount for SA Power Networks of $11.2 million (nominal, smoothed), to be recovered in 2024-25.