VENCorp submitted its revenue proposal and proposed negotiating framework to the AER on 1 March 2007. VENCorp will submit its proposed pricing methodology separately by 31 May 2007.

The AER conducted the preliminary examination of VENCorp’s proposal required under clause 6A.11.1 of the NER. Additional information was sought from VENCorp by 30 April 2007, to satisfy the requirements of the AER’s Submission Guidelines and the NER.

Interested parties were invited to provide written submissions to the AER by close of business Wednesday, 13 June 2006.

The AER held a public forum on the proposal submitted by VENCorp on Thursday, 10 May 2007.

On 1 March 2007 VENCorp submitted its revenue proposal and proposed negotiating framework for the period 1 July 2008 to 30 June 2014 to the AER. VENCorp’s proposed pricing methodology was to be submitted separately, in accordance with the National Electricity Rules, by 31 May 2007.

Interested parties were invited to provide written submissions to the AER by close of business Friday 31 August 2007.

The consultation on VENCorp’s proposed pricing methodology, and the AER's draft and final decisions on VENCorp's pricing methodology, will be considered under a separate process to VENCorp’s revenue proposal and proposed negotiating framework.

For further information please contact Maria Djopa on 03 9290 1436 or at maria [dot] djopaaer [dot] gov [dot] au (maria[dot]djopa[at]aer[dot]gov[dot]au).