On 13 December 2024, AusNet Services submitted a cost pass through application seeking to recover the costs it has incurred in relation to its transmission network as a result of the 13 February 2024 storm in Victoria. AusNet Services subsequently provided an updated application on 3 February 2025.
This weather event caused six transmission towers to collapse on the Moorabool to Sydenham 500kV transmission lines near Anakie, southwest of Melbourne, impacting the operation of the National Electricity Market.
AusNet Services submitted that it has incurred $27.4 million ($June 2022) across capex and opex. As a result, AusNet Services is proposing to recover an increased revenue allowance of $2.3 million ($June 2022, smoothed). The pass through amount for this period constitutes a small proportion of the actual costs of the event as the capital costs incurred will be recovered over the life of these long lived assets.
