On 30 March 2012 the AER received an access arrangement proposal from SP AusNet for the 2012 Victorian Gas Access Arrangement Review.
Proposal
SP AusNet Access Arrangement Proposal Part A - mark ups
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SP AusNet Access Arrangement Proposal Part B Reference Tariff Policy
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SP AusNet Access Arrangement Proposal Part B Reference Tariff Policy - mark ups
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SP AusNet Access Arrangement Proposal Part C Terms and Conditions
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SP AusNet Access Arrangement Proposal Part C Terms and Conditions - mark ups
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Supporting information - to SP AusNet access arrangement proposal
SP AusNet - Appendix 3A AECOM Review of SP AusNet Distribution Capex
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SP AusNet - Appendix 4A Gas Demand Forecasting SP AusNet 2013-2017
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SP AusNet - Appendix 5A Gas Asset Management Strategy
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SP AusNet - Appendix 5C Customer Capital Paper
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SP AusNet - Appendix 5F Real Cost Escalation Forecasts to 2017
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SP AusNet - Appendix 5G Victorian Gas Distribution Network annual material cost escalators 2013-2017
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SP AusNet - Appendix 6B Econometric Estimates of the Victorian Gas Distribution Businesses' Efficiency and Future Productivity Growth
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SP AusNet - Appendix 6E Network Step Changes Paper
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SP AusNet - Appendix 6H SP AusNet Electricity Distribution Cost Allocation Method
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SP AusNet - Appendix 8A CEG Internal Consistency of Risk Free Rate and MRP in the CAPM
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SP AusNet - Appendix 8B NERA Prevailing Conditions and the Market Risk Premium
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SP AusNet - Appendix 8C SFG Review of NERA regime-switching framework
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SP AusNet - Appendix 8D Forward Estimate of the Market Risk Premium
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SP AusNet - Appendix 8F PwC Estimating the Benchmark Debt Risk Premium March 2012
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SP AusNet - Appendix 8G CEG Estimating the Regulatory Debt Risk Premium for Victorian Gas businesses March 2012
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SP AusNet - Financial Assurance Plan
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Stakeholder forum - Terms and Conditions workshop
On 18 May 2012 the AER hosted a workshop on the proposed terms and conditions.
The workshop provided retailers and distributors with a forum to identify and discuss key issues arising from the proposed amendments to the non-price terms and conditions of the distributors' access arrangements.
2012 Vic GAAR - terms and conditions - workshop - public minute
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Submissions - to access arrangement proposal
The AER sought submissions from interested parties on SP Ausnet's access arrangement proposal. Submissions closed on 29 June 2012.
EUCV - Submission to SP AusNet's access arrangement proposal - June 2012
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AGL - Submission to SP Ausnet's access arrangement proposal - 29 June 2012
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Origin - Submission to SP Ausnet's access arrangement proposal - 28 June 2012
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APG - Submission to SP Ausnet's access arrangement proposal - 29 June 2002
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Consultation - Request for further information on proposed revisions to the access arrangement
The AER conducted a preliminary examination of the access arrangement proposal and found a nominated averaging period was omitted from the proposal. In accordance with sub-rule 43(3) of the National Gas Rules (NGR), the information submitted in SP AusNet's access arrangement information was, in the AER's opinion, deficient in its comprehensiveness or in any other respect. The AER requested SP AusNet, in accordance with sub-rule 43(3)(b) of the NGR, to submit further access arrangement information as an addendum to the information already submitted.
The AER requested SP AusNet to nominate an averaging period for the market data such as the risk free rate and debt risk premium.
In accordance with sub-rule 11(1)(b) of the NGR, the period taken by SP AusNet to correct the deficiency was disregarded for the purpose of calculating the decision making time for approving or refusing to approve SP AusNet’s access arrangement proposal and the decision making time under rule 10 of the NGR.