Withdrawal of TasNetworks Full Retail Competition (FRC) cost pass through application

The AER received a cost pass through application from Aurora Energy in September 2013. Aurora Energy had proposed a pass through amount of $33.766 million, to update its information systems and business processes to enable it to comply with its new regulatory obligations resulting from the introduction of full retail competition (FRC).

On 1 July 2014, the Tasmanian Government merged Aurora's electricity distribution business with Transend’s electricity transmission business. The new company, Tasmanian Networks Pty Limited, trading as TasNetworks now manages the transmission and distribution of electricity in Tasmania.

On 6 August 2014, TasNetworks withdrew the pass through application. TasNetworks has advised the AER that it intends to manage the cost of FRC implementation within its existing regulatory allowance.

Sector: 
Segment: 
Issued date: 
7 August 2014
AER reference: 
AC 141/14