The AER today published its approval of network tariff variation notice for APA Victorian Transmission System (APA VTS) for 2019.
The AER’s role is to assess a pipeline’s proposed changes in reference tariffs for compliance with the price controls set out in that pipeline’s access arrangement. The AER has found APA VTS’ revised proposed reference tariffs for 1 January 2019, submitted on 7 December 2018, to be compliant with its 2018-22 Access arrangement.
The moderate increase in the transmission network tariffs will have a very small impact on the end customer’s gas bill. Assuming retailers apply a straight pass through of the transmission network charge to customers, this would mean a retail bill price increase of $1 per annum for residential customers or $8 per annum for small business customers. These tariff increases are the minimum required for the network businesses to continue to provide a safe and reliable service and to meet regulatory obligations.