Accepting submissions
This guideline will set out how we intend to apply the new rules framework to set rates of return for network business that meet the long term interest of consumers. This will involve setting out high level regulatory principles that will guide our assessment of methodologies, data sources and models to determine returns on equity and debt that make up the overall rate of return.
Consultation with stakeholders who have an interest in energy regulation will be undertaken to filter priority issues for further detailed examination. This process will result in a final guideline being published in November 2013.
On 18 December 2012, the AER released the Rate of return guidelines issues paper. Seventeen stakeholders provided written submissions on the issues paper. We would like to thank stakeholders who have made written submissions.
The AER hosted its first forum on the rate of return guidelines on 5 February 2013. On 25 and 26 February the AER held further workshops on the rate of return workstream. We would also like to thank the participants of this meeting for a useful discussion of the issues and our process for forming the guidelines.
On 10 May 2013, the AER released the Rate of return consultation paper.
Invitation of submissions
Interested parties are invited to make written submissions to the AER regarding the consultation paper by the close of business, 14 June 2013. Submissions should be sent electronically to: rateofreturn@aer.gov.au. Alternatively, submissions can be sent to:
Mr. Warwick AndersonGeneral Manager – Network Regulation Branch
Australian Energy Regulator
GPO Box 3131
Canberra ACT 2601
Stakeholder forum - Rate of return guidelines workshops
The AER will be hosting further sub-group workshops as required.
