On 28 March 2024, Powercor submitted a pricing proposal for its Victorian electricity distribution network for the period 1 July 2024 to 30 June 2025.
On 3 May 2024, we approved Powercor's annual pricing proposal for the period 1 July 2024 to 30 June 2025. This follows an assessment to ensure consistency with the National Electricity Rules and the 2021–26 revenue determination.
Provided below is our:
- statement of reasons providing a summary of our decision, average impacts for residential and small business customers on the most common tariffs, and commentary on drivers of movements.
- stakeholder report providing a summary of the key information in the proposal model, interactive cost movements mechanism, and tariff schedule.
On 20 June 2024, we published an updated version of Powercor's pricing proposal overview document. Powercor updated this document to correct for minor formatting and presentational errors.