On 31 January 2017, TransGrid submitted its transmission revenue proposal, proposed negotiating framework and proposed pricing methodology and supporting information to the AER. The proposal sets out the revenue TransGrid proposes to collect from electricity consumers through transmission charges from 2018 to 2023.
Revenue proposal
TransGrid - Revenue proposal 2018-23 - Negotiating Framework - January 2017
TransGrid - Revenue proposal 2018-23 - Pricing Methodology - January 2017
Models
TransGrid - Revenue proposal 2018-23 - Capital Accumulation Model - January 2017
TransGrid - Revenue proposal 2018-23 - Capital Efficiency Sharing Scheme Model - January 2017
TransGrid - Revenue proposal 2018-23 - Post Tax Revenue Model - January 2017
TransGrid - Revenue proposal 2018-23 - Roll Forward Model - January 2017
Supporting information - Appendices
Supporting information
TransGrid - Revenue proposal 2018-23 - Supporting Documents - CAPEX other A - January 2017
TransGrid - Revenue proposal 2018-23 - Supporting Documents - CAPEX other B - January 2017
TransGrid - Revenue proposal 2018-23 - Supporting Documents - CAPEX other C - January 2017
TransGrid - Revenue proposal 2018-23 - Supporting Documents - CAPEX other D - January 2017
TransGrid - Revenue proposal 2018-23 - Supporting Documents - CAPEX other E - January 2017
TransGrid - Revenue proposal 2018-23 - Supporting Documents - CAPEX other F - January 2017
TransGrid - Revenue proposal 2018-23 - Project Documentation - Contingent Project - CAPEX - January 2017
TransGrid - Revenue proposal 2018-23 - Need/Opportunity Statement - Ex-ante - Project Documentation - CAPEX A - January 2017
TransGrid - Revenue proposal 2018-23 -Need/Opportunity Statement - Ex-ante - Project Documentation - CAPEX B - January 2017
TransGrid - Revenue proposal 2018-23 - Need/Opportunity Statement - Ex-ante - Project Documentation - CAPEX C - January 2017
TransGrid - Revenue proposal 2018-23 - Need/Opportunity Statement - Ex-ante - Project Documentation - CAPEX D - January 2017
TransGrid - Revenue proposal 2018-23 - Options Evaluation Report - Project documentation - Ex-ante - CAPEX A - January 2017
TransGrid - Revenue proposal 2018-23 - Options Evaluation Report - Project documentation - Ex-ante - CAPEX B - January 2017
TransGrid - Revenue proposal 2018-23 - Options Evaluation Report - Project documentation - Ex-ante - CAPEX C - January 2017
TransGrid - Revenue proposal 2018-23 - Options Evaluation Report - Project documentation - Ex-ante - CAPEX D - January 2017
TransGrid - Revenue proposal 2018-23 - Network Capacity Incentive - Need/Opportunity Statement - CAPEX - January 2017
TransGrid - Revenue proposal 2018-23 - Network Capacity Incentive - Options Evaluation Report - CAPEX - January 2017
TransGrid - Revenue proposal 2018-23 - Rate of Return A - January 2017
TransGrid - Revenue proposal 2018-23 - Rate of Return B - January 2017
TransGrid - Revenue proposal 2018-23 - Rate of Return C - January 2017
TransGrid - Revenue proposal 2018-23 - Rate of Return D - January 2017
TransGrid - Revenue proposal 2018-23 - Rate of Return E - January 2017
TransGrid - Revenue proposal 2018-23 - Rate of Return F - January 2017
TransGrid - Revenue proposal 2018-23 - Rate of Return G - January 2017
TransGrid - Revenue proposal 2018-23 - Rate of Return H - January 2017
Regulatory information notice
Templates
TransGrid - Revenue proposal 2018-23 - Regulatory Information Notice Template - January 2017
TransGrid - Revenue proposal 2018-23 - Market Impact Parameter Templates - January 2017
Regulatory information notice - Supporting Documentation
TransGrid - Revenue proposal 2018-23 - Regulatory information notice - Responses - January 2017
TransGrid - Revenue proposal 2018-23 - Regulatory information notice - Supporting Documentation A - January 2017
TransGrid - Revenue proposal 2018-23 - Regulatory information notice - Supporting Documentation B - January 2017
TransGrid - Revenue proposal 2018-23 - Regulatory information notice - Supporting Documentation C - January 2017
TransGrid - Revenue proposal 2018-23 - Regulatory information notice - Supporting Documentation D - January 2017
Negotiated transmission service criteria
Under clause 6A.9.4 of the NER, the AER's transmission determination for TransGrid must set out the Negotiated Transmission Service Criteria (NTSC). The NTSC determined by the AER must give effect to, and be consistent with, the negotiated transmission service principles set out in clause 6A.9.1 of the NER.
We invited submissions on the NTSC by 7 July 2017. No submissions were received.
Issues paper
We published an issues paper for TransGrid. The paper considers revenues that TransGrid can earn for the five-year period starting 1 July 2018. We invited written submissions on this paper. Submissions closed on 12 May 2017.
Submissions
We invited interested parties to make submissions on the regulatory proposal and issues paper by 12 May 2017.
City of Sydney - TransGrid Regulatory Determination 2018-2023 - 11 May 2017
Consumer Challenge Panel subpanel 9 - Response to proposals from TransGrid - 12 May 2017
Origin Energy -TransGrid electricity transmission revenue proposal - Issues Paper - 12 May 2017
Snowy Hydro - TransGrid electricity transmission revenue proposal - Issues Paper - 11 May 2017
TransGrid - AER Issues Paper - TransGrid electricity transmission revenue proposal - 12 May 2017
Late submissions
Submissions closed on 12 May 2017. The AER may, but is not required to, consider a submission it receives after the consultation period has ended.
Frontier Economics - Estimating gamma within the regulatory context - Report prepared for TransGrid - August 2017
Stakeholder forum
The AER held a public forum on TransGrid's regulatory proposal in Sydney on Tuesday 11 April 2017.
TransGrid - Revenue Proposal overview AER Public Forum V7 - 11 April 2017
Consultation
We sought advice from the Independent Pricing and Regulatory Tribunal (IPART) New South Wales to inform our assessment of TransGrid’s proposed opex step change. Our letter and IPART's response are set out below.