The Australian Energy Regulator (AER) has made a draft decision on the amount of revenue AusNet Services in Victoria is allowed to recover from energy consumers using its transmission network in the 2022–27 regulatory period.
The draft decision allows AusNet Services to recover $2837.8 million from its customers during the five-year regulatory period, a 2.9 per cent decrease in revenue compared to the current 2017–22 period.
The AER expects to receive further information from AusNet Services in its revised proposal on a number of items including increases for cyber security and council rates. This will likely increase the revenue allowed in the final decision. AusNet Services now has the opportunity to consider the draft decision and submit a revised proposal by 2 September 2021. The AER will make a final decision by 31 January 2022.
A final round of targeted and public consultation will also take place, including an online forum hosted by AER Board member Eric Groom on Thursday, 5 August 2021. To register your interest in the online public forum please email AusNetServices
aer [dot] gov [dot] au (subject: Registration%20for%20public%20forum%20on%20AusNet%20Services%20transmission%20draft%20decision) (AusNetServices[at]aer[dot]gov[dot]au).
Submissions
We invite energy consumers and other interested parties to make submissions on our draft decision for AusNet Services by 5 October 2021.
Alternatively, you may mail submissions to:
Mr Warwick Anderson
General Manager
Australian Energy Regulator
GPO Box 3131
Canberra, ACT, 2601
We prefer that all submissions be publicly available to facilitate an informed and transparent consultative process. We will treat submissions as public documents unless otherwise requested. All non-confidential submissions will be placed on the AER's website. For further information regarding the AER's use and disclosure of information provided to it, see the ACCC/AER Information Policy.
We request parties wishing to submit confidential information:
- clearly identify the information that is the subject of the confidentiality claim
- provide a non-confidential version of the submission in a form suitable for publication
Online forum
The AER is holding an online forum on the draft decision. The forum details are:
Date: Thursday, 5 August 2021
Time: 10 am to 12 pm (AEST)
The public forum will allow us to explain to stakeholders our draft decision and the key issues that led to our draft decision. Interested parties will have an opportunity to ask questions.
If you would like to attend please send your name and contact details to the AER via email to AusNetServices2022aer [dot] gov [dot] au (subject: Public%20Forum%20-%20Registration, body: I%20would%20like%20to%20register%20for%20the%20AER%27s%20online%20public%20forum%20on%20the%20draft%20decision%20for%20AusNet%20Services%20transmission.) (AusNetServices2022[at]aer[dot]gov[dot]au). The agenda will be emailed to registered participants prior to the online forum.