The Australian Energy Regulator (AER) has today approved the 2019–20 distribution network tariffs proposed by Ausgrid, Endeavour Energy and Essential Energy (NSW).
These distribution network tariffs implement the first year of the AER’s distribution determination for each NSW distributor, which reduced the amount of revenue they could each recover from its customers over 2019–24.
If retailers pass on the changes in distribution network tariffs in full and other components of the bill are unchanged, bills for residential consumers and small business customers in 2019–20 would change as detailed below:
|NSW Distributor||Residential customer||Small business customer|
We expect other components of the retail bill in NSW to decrease in 2019-20.
The AER acknowledges that energy bills are a concern to many consumers. We encourage consumers to use the AER’s EnergyMadeEasy website, our free and independent price comparison tool, to find the best deal.
The approved distribution network tariffs will take effect from 1 July 2019.
The AER approves tariffs which are the network cost component of a retail bill.
Retailers use networks tariffs to develop their market offers.
Network tariffs is one component that can impact a bill. Other components include distribution, transmission, wholesale and retail.