Victorian F-factor Draft determinations and Explanatory statement

The Australian Energy Regulator (AER) has made its draft determinations to set fire start targets for the Victorian electricity distribution network service providers (DNSPs) CitiPower, Jemena, Powercor, SP AusNet and United Energy under the Victorian Government’s f-factor scheme.

The f-factor scheme is intended to provide incentives for Victorian DNSPs to reduce the risk of fire starts and to reduce the risk of loss or damage caused by fire starts. For the first four years (2012–15), DNSPs will be either rewarded or penalised at the incentive rate of $25,000 per fire for performing better or worse than their respective fire start targets.

The Victorian Government published an f-factor scheme order 2011 (the Order) on 23 June 2011. The Order requires the AER to make, by no later than 31 December 2011, an f-factor scheme determination setting out fire start targets that apply to each of the DNSPs for the 2012–15 period.

Submissions

The AER seeks stakeholders’ comments and submissions to the draft determinations by close of business Friday, 18 November 2011.

Submissions can be sent electronically to: AERInquiryaer [dot] gov [dot] au (AERInquiry[at]aer[dot]gov[dot]au)

Alternatively, submissions can be sent to: 

After submissions on this paper have been received and considered, the AER will issue the final f-factor scheme determinations and explanatory statement by 31 December 2011.