On 27 April 2018, we published our Draft Position Paper. The paper responds to issues raised in submissions on our November 2017 Discussion Paper, provides our views on a number of profitability measures and indicates those measures we intend to report.
Position
AER Draft Position Paper - Profitability measures for regulated gas and electricity network businesses - 27 April 2018
Consultant reports
McGrathNicol response to submissions on profitability measures - 23 April 2018
Submissions
We invited interested parties to make submissions on our Draft Position Paper. Submissions closed on 30 May 2018.
Agriculture Industries Energy Taskforce - Profitability Measures Draft Position Paper submission - 30 May 2018
Agriculture Industries Energy Taskforce - Profitability Measures Draft Position Paper submission Attachment 1 - 30 May 2018
APA - Profitability Measures Draft Position Paper submission - 30 May 2018
APGA - Profitability Measures Draft Position Paper submission - 30 May 2018
AusNet - Profitability Measures Draft Position Paper submission - 30 May 2018
CCP - Profitability Measures Draft Position Paper submission - 30 May 2018
ENA - Profitability Measures Draft Position Paper submission - 31 May 2018
Endeavour Energy - Profitability Measures Draft Position Paper submission - 6 June 2018
Energex and Ergon Energy - Profitability Measures Draft Position Paper submission - 30 May 2018
Energy Consumers Australia - Profitability Measures Draft Position Paper submission - 12 June 2018
Jemena - Profitability Measures Draft Position Paper submission - 30 May 2018
MEU - Profitability Measures Draft Position Paper submission - 28 May 2018
SAPN et al - Profitability Measures Draft Position Paper submission - 31 May 2018
TransGrid - Profitability Measures Draft Position Paper submission - 30 May 2018
Stakeholder forum
We held a public forum on the draft position paper in Sydney on 16 May 2018. The forum provided an opportunity for stakeholders to share their views on the draft position paper.
McGrathNicol presentation - Profitability measures forum - 16 May 2018
Consumer Challenge Panel presentation - Profitability measures forum - 16 May 2018
Energy Networks Australia presentation - Profitability measures forum - 16 May 2018
APA Group - Australian Pipeline and Gas Association presentation - Profitability measures forum - 16 May 2018
Energy Consumers Australia presentation - Profitability measures forum - 16 May 2018
Supporting information - Electricity network businesses - Return on assets ratios
On 10 September 2018 we published Return on Assets ratios for the electricity network businesses we regulate. The publication of this information responds to calls from stakeholders for greater transparency around the actual returns achieved by the businesses.
Since publication of this initial information, we have begun to report Return on Assets ratios as part of our annual performance reporting. In some cases, the next round of reporting has updated the data and ratios previously reported. The most recent round of network Return on Assets ratios were published as part of the distribution network performance data 2006-2018 and the transmission network performance data 2006-2018.