On 6 November 2024, the AER published proposed amendments to the STPIS for transmission network service providers (TNSPs) and an accompanying explanatory statement. 

We published our proposed amendments to the transmission STPIS and accompanying Explanatory Statement on 6 November 2024. We held a public forum on 10 December 2024 to seek stakeholder feedback before the closing of stakeholder submissions 3 February 2025.  Prior to the public forum, we clarified an aspect of our write up of the Network Capability Component (NCC) in the Explanatory Statement.

The Explanatory Statement as published sets out that the incentive allowance for the NCC must not exceed 1% of the TNSP's proposed average annual maximum allowed revenue (MAR) for a regulatory control period. However, this is not our intention. To clarify, the intention is that the TNSP must ensure that the total annual average proposed expenditure for priority projects does not exceed 1% of its average annual MAR for a regulatory control period. This is consistent with the existing NCC and the proposed (marked-up) amendments to the scheme itself.

We invited energy consumers and other interested parties to make submissions on our proposed amendments by 3 February 2025.

On Tuesday, 10 December 2024 the AER held a public online forum to discuss its proposed amendments to the STPIS for TNSPs and to allow stakeholders to ask questions about the proposed amendments before the close of submissions. 

Presentations were given by the AER, the Clean Energy Council, Energy Users Association of Australia, and Energy Networks Australia (ElectraNet and TasNetworks). These presentations have been provided below.