The Australian Energy Regulator has today published the approved 2017–18 pricing proposals for electricity distribution network operators Ausgrid in New South Wales and ActewAGL in the Australian Capital Territory. Today, the AER also publishes the enforceable undertakings for these electricity distribution network operators, which have now been finalised.
The AER’s assessment of the pricing proposals ensured that they complied with their respective enforceable undertakings.
On 19 April 2017, the AER published an open letter explaining to stakeholders the interim arrangements the AER was in the process of formalising to govern the setting of electricity network tariffs for the NSW and ACT distributors, while the appeals processes associated with the AER’s distribution determinations for these networks is on-going. At that time, the AER also published the Endeavour Energy enforceable undertaking which reflected these arrangements.
On 17 May 2017, the AER published the approved 2017–18 pricing proposals for electricity distribution network operators Energex and Ergon Energy in Queensland, Endeavour Energy and Essential Energy in New South Wales and SA Power Networks in South Australia. The AER also published the formalised Essential Energy enforceable undertaking.
Approved tariffs take effect from 1 July 2017 and include new cost reflective tariffs introduced through the distributors’ recently published tariff structure statements.