On Wednesday 6 August 2008, the Australian Energy Regulator (AER) held a public forum on the revenue proposal submitted by Transend at the Hotel Grand Chancellor in Hobart.
Mr Andrew Reeves (AER Board Member) hosted the forum, with presentations from Transend, the Tasmanian Department of Infrastructure, Energy & Resources (DIER), Aurora Energy and the Major Employers Group. These presentations are available by clicking on the hyperlinks below.
An indicative timetable showing the key milestones for the transmission and distribution determination process is set out below.
Receive Transend’s revenue proposal—31 May 2008
Public forum on Transend’s regulatory proposal—6 August 2008
Submissions close on the regulatory proposals—11 August 2008
Release the AER’s draft decision and consultant’s report*—November 2008
Public forum on the AER’s draft decision—December 2008
Submissions close on the draft decision and consultant’s report—February 2009
Release the AER’s final decision—April 2009
*The AER has engaged consultants to assist with reviewing Transend’s regulatory proposal.
Background
In 2003, the Australian Competition and Consumer Commission (ACCC) determined Transend’s revenue cap for a five and a half year period from 1 January 2004 to 30 June 2009. A copy of this revenue cap decision is available on the AER’s website.
Chapter 6A of the National Electricity Rules (NER) took effect on 16 November 2006. Clause 6A.2.2 of the NER sets out the components of a transmission determination, which include a revenue determination, negotiating framework determination, negotiated transmission service criteria determination and pricing methodology determination for the transmission network service provider. The AER must make a transmission determination for Transend in accordance with chapter 6A and the AER’s transmission guidelines. The determination will establish network charges for the period 2009-2014.
