Following recent consultation with stakeholders, the Australian Energy Regulator (AER) has decided to delay its final 2020-25 network revenue determinations due on 30 April 2020.The AER now intends to release its final decision for Ergon Energy on 5 June 2020.

The short delay is to allow the AER to use short-term forecasts of inflation from the Reserve Bank of Australia released on 8 May 2020. This will allow the AER to include a more accurate reflection of the economic circumstances in our decision for the next regulatory control period.

We will provide Ergon Energy the indicative information it requires to commence preparing its annual pricing proposal for 1 July 2020 prices. 

To aid transparency of this process and to assist stakeholders to prepare for 1 July network price changes, a number of documents relating to the delay will be published below under Supporting information. This is expected to include the documents proposed for publication in the indicative timetable directly below.

Ergon Energy has been supplied indicative information as per the documents below.

On 28 May 2020, Ergon Energy submitted to the AER an indicative initial pricing proposal for its Queensland distribution network for the period 1 July 2020 to 30 June 2021. Ergon Energy’s indicative pricing proposal can be found here.

On 3 July 2020, the AER provided a brief report to the Commonwealth, State and Territory Energy Ministers explaining the delay to the revenue determinations and access arrangement final decisions released by the AER on 5 June 2020.