The COAG Energy Council has agreed to make a number of changes to the National Electricity Law (NEL) and the National Gas Law (NGL) relating to the calculation of the rate of return on capital and the value of imputation credits used in economic regulatory decisions.
Draft legislation
The Senior Committee of Officials sought feedback by 13 April 2018 on the draft legislation, particularly regarding implementation issues.
The AER provided a submission to COAG EC including:
- A letter from the AER
- Advice from the AER’s CCP subpanel 16 regarding the draft legislation.
AER submission - CCP advice to AER regarding COAG Energy Council draft legislation - 5 April 2018
More information
More information on the NEL and NGL amendments is available from the COAG Energy Council website.