In accordance with clause 12 of the Victorian Government’s Advanced Metering Infrastructure (AMI) Order in Council, the AER has revoked its final determination on SP AusNet’s 2009-11 AMI Revised Budget Application, made on 29 April 2011, and has replaced it by issuing a new final determination.
The AER’s original 29 April 2011 determination (published on 3 May 2011) included financial modelling errors which were identified after the release of the final decision. The determination was revoked with the written consent of SP AusNet. In this substitute final determination (final determination), the AER has corrected all identified errors. This results in a net decrease in SP AusNet’s Approved Budget for 2009-11 of $1.263m ($2008).
The new final determination will be published on the AER website on 20 July 2011.