On 30 April 2015 the Victorian electricity distribution network service providers (DNSPs) AusNet Services, CitiPower, Jemena, Powercor and United Energy submitted their regulatory proposals and supporting information to the AER. The proposals cover the regulatory control period 1 January 2016 to 31 December 2020 and include information on the DNSPs’ proposed capital and operating expenditures for that period.
Regulatory proposal
Supporting information - Attachments and appendices
AusNet Services - Appendix 1A - Service Classification Proposal - April 2015
AusNet Services - Appendix 1B - Cost Allocation Methodology - April 2015
AusNet Services - Appendix 1C - Related Party Arrangements - Public Version - April 2015
AusNet Services - Appendix 2A - Bushfire Management Plan - East Central Bushfire risk Landscape - April 2015
AusNet Services - Appendix 4A - Distribution Demand Forecasting - April 2015
AusNet Services - Appendix 4B - Demand Forecasting Methodology - April 2015
AusNet Services - Appendix 7A - Network Capital Expenditure Overview 2016-2020 - April 2015
AusNet Services - Appendix 7D - Project Cost Estimating Methodology - April 2015
AusNet Services - Appendix 8C - CIE Labour Price Forecast Report - April 2015
AusNet Services - Appendix 12B - Dividend discount model - April 2015
AusNet Services - Appendix 12C - Fama-French three factor model - April 2015
AusNet Services - Appendix 12 I - Independent Expert Reports - April 2015
AusNet Services - Appendix 12D - Beta and the Black Capital Asset Pricing Model - April 2015
AusNet Services - Appendix 12E - Empirical Performance of the Sharpe-Lintner and Black CAPMs - April 2015
AusNet Services - Appendix 12F - Historical Estimates of Market Risk Premium - April 2015
AusNet Services - Appendix 12G - Equity Literature Review - April 2015
AusNet Services - Appendix 12J - Critique of the AER's JGN draft decision on the cost of debt - April 2015
AusNet Services - Appendix 12K - Averaging Period Letter - April 2015
AusNet Services - Appendix 13A - Estimating Gamma for Regulatory Purposes - April 2015
AusNet Services - Appendix 13B - Estimating distribution and Redemption Rates from Taxation Statistics - April 2015
AusNet Services - Appendix 16A - Tax Standard Lives Calculation - April 2015
AusNet Services - Appendix 17A - Distribution Network Benefits from AMI Assets - April 2015
AusNet Services - Appendix 18A - Proposed Negotiating Framework Final - April 2015
AusNet Services - Drafting for Public Consultation (switching to mesh radio) - October 2015
Models
AusNet Services - Distribution connections capex forecast model - April 2015
Regulatory information notice
AusNet Services - Signed Directors' Statutory Declaration - April 2015
Confidentiality claims
The confidentiality template includes an approximate indication of the proportion and comparative proportion of material in AusNet Services' regulatory proposal for 2016-20 and Regulatory Information Notice (RIN) response that is subject to a claim of confidentiality compared to that which is not.
AER - Confidentiality claims by VIC distributors (CitiPower, Powercor, Jemena, AusNet Services, United Energy)
Proposed negotiated distribution service criteria
The AER has published its proposed negotiated distribution service criteria (NDSC) to apply to CitiPower, Powercor, Jemena, AusNet Services and United Energy for the 2016-20 regulatory control period. The negotiating criteria set out the principles that distribution network service providers must adhere to in negotiating terms and conditions for negotiated distribution services.
Submissions
Submissions on AusNet Services' regulatory proposal closed on 13 July 2015.
AusNet - Response to AER Issues Paper – Victorian electricity distribution pricing review, 2016-20 - 13 July 2015
Cardina Shire Council - Submission on proposed Negotiated Distribution Service Criteria - 1 July 2015
CitiPower Powercor - Submission in response to the AER's public lighting forum - 13 July 2015
City of Greater Dandenong - Proposes changes to regulation of public lighting - 10 July 2015
City of Greater Geelong - Proposed Negotiated Distribution Service Criteria - 13 July 2015
City of Mooney Valley - Changes to the regulation of distributor charges for street lighting - 7 July 2015
CITELUM - Submission on proposed Negotiated Distribution Service Criteria - 24 June 2015
CITELUM - Attachment 1 - Submission on proposed Negotiated Distribution Service Criteria - 2 July 2015
CITELUM - Attachment 2 - Submission on proposed Negotiated Distribution Service Criteria - 2 July 2015
CUAC - RE Victorian electricity distribution pricing review (EDPR), 2016 to 2020 - 13 July 2015.
DEDJTR - Submission to Victorian electricity distribution pricing review – 2016 to 2020 - 13 July 2015
East Gippsland Shire Council - Submission - Negotiation for Dedicated Public Lights - 13 July 2015
ERAA - RE Issues Paper - Victorian electricity distribution pricing review 2016-2020 - 13 July 2015
Gannawarra Shire Council - Submission on propsed negotiation process for dedicated public lighting - 16 July 2015
Glen Eira City Council - Electricity Distribution Price Review - Submission - 10 July 2015
Latrobe City Council - Australian Energy Regulator (AER) and dedicated public lighting - 13 July 2015
TTEG - Submission on Vic DNSPs regulatory proposals and AER's proposed negotiated service criteria - 21 July 2015
Origin Energy - Re Submission to Victorian Electricity Distributors Regulatory Proposals - 13 July 2015
Indigo Shire Council - Submission: dedicated public lighting assets - 22 July 2015
VECUA - Submission to the AER Victorian Distribution Networks’ 2016-20 Revenue Proposals - 13 July 2015
Victorian Greenhouse Alliances - Attachment I DNSP Local Gov Policy Framework - 13 July 2015
Victorian Greenhouse Alliances - Attachment II Local Goverment Survey Results - 13 July 2015
Victorian Greenhouse Alliances - Attachment III VSPLAG Evaluation of Low Energy Lights Minor Roads - 13 July 2015
Victorian Greenhouse Alliances - Attachment IV Bulk Change Luminaire Failure Rates - 13 July 2015
Victorian Greenhouse Alliances - Attachment V DNSP Public Light Cost Build Up Summary - 13 July 2015
Yarra Ranges Council - Submission - AER regulation of dedicated street lighting - 13 July 2015
Murrindindi Shire Council - Submission on proposed changes to regulation of public lighting - 17 July 2015
Issues paper
On 10 June 2015 the AER released an Issues paper on AusNet Services' regulatory proposals. The paper sets out our initial impressions of the distributors' proposals, including what we think will be some of the key issues for our assessment. We hope this paper is helpful for readers to form their own views on the distributors' proposals. The issues paper signals the commencement of a comprehensive consultation process.
We have also released a Consumer guide to the Victorian electricity distribution pricing review 2016–20. This guide is intended to give stakeholders a better understanding of our process for reviewing electricity distribution proposals.
On 30 June 2015 the AER released an addendum to the Issues paper to explain in more detail the differences between the Victorian businesses return on debt proposals that were not identified in the original version of the Issues paper.
Stakeholder forum - Revenue propsals
On 22 June 2015, the AER held a public forum in Melbourne on the revenue proposals submitted by the Victorian electricity distribution network service providers including AusNet Services. A large number of stakeholders attended the forum.
The presentations from the Consumer Challenge Panel are the independent views of CCP members and do not necessarily reflect the views of the AER.
AER - AER Public Forum Victorian Electricity Distribution Determination Agenda - 22 June 2015
AER - AER Public Forum Victorian Electricity Distribution Determination Presentation - 22 June 2015.pptx
CCP - AER Public Forum Victorian Electricity Distribution Determination Presentation - 22 June 2015
AusNet Services - AER Public Forum Victorian Electricity Distribution Determination Presentation - 22 June 2015
Stakeholder forum - Demand management workshop
On 30 July 2015 the AER held a demand management workshop.
At the workshop both the AER and the Victorian electricity distributors made presentations.
AusNet Services - Energy Insights Demand management and smart network technologies - 30 July 2015
Citipower Powercor - Demand side management 2016–20 price resets - 30 July 2015
United Energy - Incentives to achieve the future network and our DMIS strategy - 30 July 2015
Stakeholder forum - Demand forecasting workshop
On Wednesday 15 July 2015 the AER held a demand forecast workshop. AEMO and the Victorian distribution businesses presented information on demand forecasts to inform the preliminary decisions for the 2016–20 regulatory control period.