The AER is required to determine the revenue allowance for AusNet Services under the National Electricity Rules. The first step in developing the revenue allowance for the next regulatory control period is to develop a Framework & Approach (F&A) paper for AusNet Services. The F&A will set out which incentive schemes are to apply to AusNet Services and our approach to expenditure forecasting and depreciation for the next regulatory control period, which will commence in 2017.
AusNet Services has raised two issues for consideration in conjunction with the F&A process:
- Length of the regulatory control period (AusNet proposes that the period should be longer than 5 years); and
- Application of the ex post review of capital expenditure to the current regulatory control period (AusNet propose this review be deferred).
We invite submissions from stakeholders on all these matters.
Invitation for submissions
Interested stakeholders may make submissions to the AER for consideration in making its final decision on the approach to regulation to be adopted in the F&A.
Submissions in response to the F&A preliminary positions close 5pm AEDST 27 February 2015 and should be sent electronically to AERInquiry
aer [dot] gov [dot] au (AERInquiry[at]aer[dot]gov[dot]au), or by post attention:
Mr Chris Pattas
General Manager
Network Investment and Pricing
Australian Energy Regulator
GPO Box 520
Melbourne VIC 3001
The AER prefers that all submissions be sent in an electronic format in Microsoft Word or other text readable document form and be publicly available to facilitate an informed and transparent consultative process. Submissions will be treated as public documents and posted on the AER website, except and unless prior arrangements are made with the AER to treat the submission, or portions of it, as confidential. Parties wishing to submit confidential information are requested to:
- clearly identify the information that is the subject of the confidentiality claim;
- clearly identify the detriment that will occur if the information is disclosed; and
- provide a non-confidential version of the submission.