On 11 April 2024 Power & Water Corporation submitted a ring-fencing waiver application under clause 5.2 of the Electricity Distribution Ring-fencing Guideline. The application was to re-make an existing waiver granted in May 2022 that lifts the obligation for Power & Water Corporation to publish registers under clause 4.2.4 of the Guideline.
Power & Water Corporation is regulated by the Northern Territory National Energy Rules (NT NER) and the AER Board considered that re-making a waiver from clause 4.2.4 would allow for continued administrative efficiency for Power & Water Corporation.
On 1 July 2024 the AER granted Power & Water Corporation a waiver from clause 4.2.4 of the Guideline, to remain in force until 30 June 2034.