AER approves distribution tariffs for Victoria and Albury gas customers

The Australian Energy Regulator (AER) has approved the 2022 gas distribution tariffs proposed by AusNet Services, Australian Gas Networks (AGN) and Multinet for their Victorian and Albury networks.

These tariffs comply with the requirements of each business’ 2018–22 access arrangement and generally follow the revenue price paths we set in these decisions. The access arrangements set the cost of delivering gas supply to customers over five years, excluding movements in wholesale gas prices. Network costs generally make up 33% of the residential gas bills in Victoria.

In 2022, when compared to the charges for 2021, the network component of the typical annual gas bill will increase by a few percent. This largely reflects higher inflation in 2022 compared to 2021. Typical gas bills will be:

  • $2.43 higher for residential customers and $8.66 higher for non-residential customers in AusNet Services’ central zone;
  • $19.67 higher for residential customers and $17.36 higher for non-residential customers in AGN’s central zone; and
  • $19.34 higher for residential customers and $67.03 higher for non-residential customers in Multinet’s metropolitan area.

These network charges will come into effect from 1 January 2022 and reflect the minimum required for the Victorian businesses to continue to provide a safe and reliable service and to meet regulatory obligations.

These prices are based on average annual consumption and therefore may be higher or lower depending on household usage.

The average residential energy bill consists of several cost components including retail, wholesale and network costs. This decision relates to the network cost component only. Retailers may repackage tariffs so estimated changes may not actually be passed onto customers.

For further information, see the Statement of Reasons published alongside each approved tariff variation proposal.

Sector: 
Segment: 
Issued date: 
15 November 2021
AER reference: 
AC 175/21
Contact: 
AER Media 0466 409 921 media@aer.gov.au