The AER wishes to notify stakeholders of the release of its statement (for electricity transmission) and statement of regulatory intent (for electricity distribution) containing the AER’s revised weighted average cost of capital (WACC) parameters for these service providers. The statements and accompanying final decision will be available on the AER’s website.
The National Electricity Rules (NER) provide that the AER may review the WACC parameters to be adopted in determinations by electricity distribution and transmission network service providers. Reviews are to be conducted every five years with the first review concluded on 1 May 2009. The outcomes of this review will only apply to electricity transmission and distribution determinations where the proposal is submitted after 1 May 2009 and before the completion of the AER’s second review, in 2014.
Any enquiries about the statements should be directed to the Network Regulation South Branch.