The Australian Energy Regulator (AER) has released its final framework and approach (F&A) papers for Ausgrid, Endeavour Energy, Essential Energy, ActewAGL, TasNetworks and NT Power and Water Corporation for the 2019─24 regulatory control period.
An F&A provides direction to a service provider on how certain aspects of its next regulatory proposal should be framed. The F&A sets out the AER’s intended approach to service classification (what services we will regulate), form of control (how we will set prices for regulated services) and incentive schemes that aim to encourage cost efficiency and maintenance of service standards, amongst other things.
The NSW, ACT, NT and TAS service providers must submit their regulatory proposals for the 2019−24 regulatory control period by 31 January 2018.