Today the Australian Energy Regulator (AER) released its draft amendments to the Revenue determination guideline for NSW non-contestable projects.
Our draft amendments have been initiated with the aim of making non-contestable revenue determinations more efficient for the AER, the Network Operator and interested stakeholders.
The most significant proposed change is to remove the requirement for the AER to make a draft decision which covers all aspects of our revenue determination and, instead, replace it with a preliminary position paper that focuses only on material and/or contentious issues.
We consider this change will lead to an improved, streamlined non-contestable revenue determination process by fostering more productive targeted engagement between the AER, Network Operators and other interested stakeholders.
The draft amendments also include proposed changes relating to our assessment of contestable augmentations, clarification of pre-lodgement processes (section 3), and financeability and concessional finance benefits.
We invite stakeholder views on our proposed amendments by 5 June 2024. Submissions can be sent electronically to rez
aer [dot] gov [dot] au (rez[at]aer[dot]gov[dot]au) by 5 June 2024.
We will consider stakeholder feedback and expect to publish our final decision in July 2024.