On 29 November 2021, the AER released its consultation paper on how the AER will assess the impact of capitalisation differences on benchmarking. The consultation paper was designed to outline our thinking on whether there are material differences in capitalisation between DNSPs, whether these differences are having a material impact on the benchmarking results and if there are material impacts options for addressing these. The consultation paper provided stakeholders with the opportunity to express their views in relation to these matters.

We received the following submissions in response to our consultation paper. Submissions closed on 18 February 2022.