The Australian Energy Regulator (AER) has today released proposed amendments to its electricity transmission post-tax revenue model (PTRM). The PTRM calculates the maximum allowed revenue for electricity transmission network service providers (TNSPs). We rely on the PTRM as part of our regulatory determinations for TNSPs. Our proposed amendment to the PTRM accommodates the AER’s new financeability guideline, which was developed in response to the Accommodating financeability in the regulatory framework rule change.
To fully implement the financeability guideline, some amendments are required in the PTRM. We are now commencing a formal consultation process for amending the PTRM under the National Electricity Rules.