On 13 December 2011 the AER received an application from Powercor for the pass through of costs resulting from the change in the compliance framework stemming from the Victorian Bushfire Royal Commission recommendations.
Powercor has proposed that additional revenues of $85.1 million be passed through to distribution network users during the 2011-15 regulatory control period.
The AER must assess Powercor's application under clause 6.6.1 of the NER. The AER must determine whether a positive change event has occurred and if so, it must then determine the approved pass through amount. In making this decision, the AER must take account of the factors in clause 6.6.1(j) of the NER.
The AER expects to make its determination on Powercor’s application in March 2012. Powercor’s application is available on the AER's website.
Submissions
Interested parties are invited to make written submissions to the AER regarding this paper by the close of business Monday 6 February 2012.
Submissions can be sent electronically to: AERInquiryaer [dot] gov [dot] au (AERInquiry[at]aer[dot]gov[dot]au)
Alternatively, submissions can be sent to:
Mr Chris PattasGeneral Manager
Australian Energy Regulator
GPO Box 520
Melbourne VIC 3001
For information regarding the AER’s use and disclosure of information provided to it, see the ACCC/AER Information Policy, October 2008 available on the AER’s website.