The Australian Energy Regulator (AER) has issued a notice inviting submissions on whether to replace or amend TransGrid's framework and approach.
Every five years, the AER assesses TransGrid's 5 year business plan.
The Framework & Approach (F&A) is the first step in the process for TransGrid's Revenue Proposal and will feed into the determined efficient prices for electricity services and the application of any incentive schemes.
As part of TransGrid's revenue proposal process for 2018/19 to 2022/23, we have applied to the AER requesting that they amend the current framework and approach (F&A). We believe that minor updates are required to reflect the current versions of incentives schemes.
In accordance with the National Electricity Rules, the AER invites interested parties to submit their views on whether it is necessary or desirable to amend or replace the current TransGrid F&A for the upcoming regulatory period.
To help facilitate early public consultation and assist TransGrid in preparing our proposal, we encourage you to submit your views to the AER. Submissions should be sent directly to the AER and close at 5pm, Friday 4 December 2015.
To find out more or submit a proposal please visit the AER's website.