Essential Energy - Cost Pass Through Application - Licence Conditions - 28 September 2021

On 28 September 2021, Essential Energy submitted an application to the AER under clause 6.6.1 of the National Electricity Rules for a positive pass through of costs related to changes to its licence conditions which require Essential Energy to strengthen its cyber and physical security (critical infrastructure licence conditions). Essential Energy's application proposes to recover $33.2 million (positive pass through) from electricity users through an increase in distribution prices in each of the remaining two years of the current regulatory control period, that is, from 1 July 2022 to 30 June 2024.