The ACCC at the request of the members of the Snowy Mountains Council and in accordance with its responsibilities under the National Electricity Code, released its decision on the revenue cap to apply to the Snowy Mountains Hydro Electric Authority's (SMHEA) transmission network.
Final determination
Revised final decision - Revocation of SMHEA revenue cap
As a result of the Snowy Mountains Hydro Electric Authority (SMHEA) transmission network assets being handed over to TransGrid the ACCC revoked the SMHEA's revenue cap and substituted Transgrid's revenue cap.