On 5 April 2012, the Australian Competition Tribunal published its orders and reasons in the review of the 2011–15 distribution determinations for the Victorian electricity distribution network service providers (DNSPs), CitiPower, Powercor, Jemena Electricity Networks, SP AusNet and United Energy.

Each Victorian DNSP applied for a review on a number of aspects of the AER’s October 2010 distribution determinations. The Tribunal’s orders have allowed each Victorian DNSP to recover some additional revenues above those allowed by the AER during the 2011–15 regulatory control period.

A copy of the Tribunal’s Orders is available at: http://www.austlii.edu.au/au/cases/cth/ACompT/2012/8.html

Pursuant to the Tribunal Order CitiPower and Powercor submitted its remitted proposal for vegetation management opex step change for 2011-15  on 25 June 2012.

On 25 June 2012 the Australian Energy Regulator received a vegetation management opex step change proposal from CitiPower and Powercor for the regulatory control period 2011–15. The proposal was submitted in response to the Australian Competition Tribunal’s decision to remit the businesses vegetation management step change opex back to the AER for re-consideration.

In accordance with NER, the AER has made its draft determination on the Powercor proposal.

On 31 August 2012 the AER released its final decision on the CitiPower and Powercor vegetation management opex step change for the regulatory control period 2011-15. No submissions from stakeholders were received in response to the AER’s draft decision or CitiPower and Powercor’s remitted proposal.

The AER has amended Powercor's 2011-15 distribution determination in accordance with the Tribunal’s orders of 5 April 2012. The amended 2011-15 distribution determination covers the regulatory control period from 1 January 2011 to 31 December 2015. It sets out the amount of revenue that Powercor may recover from providing regulated electricity distribution network services.

Revision to Powercor’s amended 2011–15 distribution determination

The AER has identified typographical errors in the table setting out the annual revenue requirements and the X factors that apply to Powercor for the 2011–15 regulatory control period on page 2 of Powercor’s amended 2011–15 distribution determination dated 28 September 2012.

The AER has revised Powercor’s 2011–15 distribution determination to reflect this correction in Powercor's amended determination dated 4 October 2012.