On 31 May 2007 ElectraNet lodged its proposed pricing methodology under the AER’s agreed interim requirements. Under the agreed interim requirements ElectraNet elected to have its proposed pricing methodology assessed against the AER’s pricing methodology guidelines published on 29 October 2007.

In the ElectaNet draft decision the AER decided not to approve ElectraNet’s proposed pricing methodology. ElectraNet was required to submit a revised proposed pricing methodology to the AER by 14 December 2007.

On 18 January 2008, ElectraNet submitted its revised revenue proposal in response to the AER’s draft decision on its electricity transmission determination for the regulatory control period  1 July 2008 to 30 June 1013.

During the AER's initial assessment an error was identified in relation to non-labour construction cost escalation (section 4.2.4), which it considered warranted correction for consultation. ElectraNet provided a revised revenue proposal (error corrected).

Interested parties were invited to make submission on the AER's draft determination, and ElectraNet's Revised Revenue proposal. Five submissions were received.