Overview

Indicative timetable

The AER is required to make an access arrangement final decision to approve or not approve the access arrangement proposal within six months of receipt of Envestra’s proposal. This period can be extended by the AER but must be completed within 13 months.

The AER is required to follow a prescribed decision making process under the National Gas Rules when reviewing the access arrangement for the Envestra distribution network. The following indicative timetable outlines key stages in the review process.

Indicative dates for key milestones in the decision making process
Milestone Date
Publish proposal 21 October 2010
Forum on proposal in Brisbane 28 October 2010
Submissions on proposal due 26 November 2010
Release of draft decision 17 February 2011
Forum on draft decision in Brisbane 1 March 2011
Revised proposal to be submitted 23 March 2011
Submissions on draft decision due 27 April 2011
Release of final decision early June 2011

Note: the AER has engaged consultants to assist it in its review of different aspects of Envestra’s proposal including demand forecasts, operating expenditure and capital expenditure.

Stop the clock

The AER has decided under rule 11 of the NGR that the period of 36 days for consultation on the access arrangement proposal is not counted towards the decision making time for the full access arrangement final decision.

 

Proposal

The Australian Energy Regulator (AER) has publicly released the access arrangement proposal submitted for the Envestra gas network for the period 1 July 2011 to 30 June 2016. The access arrangement proposal establishes the basis for the terms and conditions of access for users and prospective users for the pipeline.

Access arrangement proposal - 1 October 2010

Authors
Envestra
Content type
Document

Terms and conditions - 1 October 2010

Authors
Envestra
Content type
Document

Supporting information - to the Access arrangement proposal

Access arrangement information - 1 October 2010

Authors
Envestra
Content type
Document

Attachment 1-1 Qld RIN Index - 1 October 2010

Authors
Envestra
Content type
Document

Attachment 5-1 Statements and Expert Reports Relied Upon - 1 October 2010

Authors
Envestra
Content type
Document

Attachment 5-5 APA Group Assets and Activities - 1 October 2010

Authors
Envestra
Content type
Document

Attachment 5-7 Productivity Performance of Envestra's SA and Qld Gas Distribution Systems - 1 October 2010

Authors
Envestra
Content type
Document

Attachment 5-8 Marksman Consulting Services Gas Distributor Benchmarking Report - 1 October 2010

Authors
Marksman Consulting Services Pty Ltd
Content type
Document

Attachment 5-9 NERA Economic Consulting - Benchmarking Study of Contractor Profit Margins - 1 October 2010

Authors
NERA Economic Consulting
Content type
Document

Attachment 6-6 Zincara letter - 1 October 2010

Authors
Zincara Pty Ltd
Content type
Document

Attachment 7-2 Qld Asset Management Plan - 1 October 2010

Authors
Envestra
Content type
Document

Attachment 8-1 Capital Projects Audit 2009 - 1 October 2010

Authors
Envestra
Content type
Document

Attachment 9-1.1 CEG Estimating the cost of capital under NGR - 1 October 2010

Authors
Competition Economists Group (CEG)
Content type
Document

Attachment 9-1.2 Professor Grundy Report - 1 October 2010

Authors
Bruce D Grundy
Content type
Document

Attachment 9-2 SFG The Relationship Between Theta and MRP - 1 October 2010

Authors
Strategic Finance Group (SFG Consulting)
Content type
Document

Attachment 9-3 SFG The required ROE commensurate with current conditions - 1 October 2010

Authors
Strategic Finance Group (SFG Consulting)
Content type
Document

Attachment 9-4 Deloitte Debt Raising Costs - 1 October 2010

Authors
Deloitte Access Economics (DAE)
Content type
Document

Attachment 9-5 Credit Metrics from Previous AER Decisions - 1 October 2010

Authors
Envestra
Content type
Document

Attachment 10-1 PWC - Review of initial taxation asset base - 1 October 2010

Authors
Price Waterhouse Coopers (PWC)
Content type
Document

Attachment 10-2 SFG Best Available Empirical Estimate of Theta - 1 October 2010

Authors
Strategic Finance Group (SFG Consulting)
Content type
Document

Attachment 10-3 JWS Memorandum - 1 October 2010

Authors
Johnson Winter & Slattery Lawyers
Content type
Document

Attachment 10-4 Gamma Supporting Documents - Index of Supporting Documents Referred to in Gamma Submissions - 1 October 2010

Authors
Envestra
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 1. WACC Review - SORI - May 2009

Authors
AER
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 2(i) Jemena Gas Networks submissions - 19 March 2010

Authors
Jemena
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 2(ii) Jemena Gas Networks submissions - 19 March 2010

Authors
Jemena
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 2(iii) Jemena Gas Networks submissions - 25 August 2009

Authors
Jemena
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 3.(i) ETSA Utilities submissions - 1 July 2009

Authors
ETSA Utilities
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 3.(ii) ETSA Utilities submissions - 14 January 2010

Authors
ETSA Utilities
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 4. The Value of Imputation Credits - Update 2004 - November 2004

Authors
Neville Hathaway
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 5. Synergies (May 2009) Gamma - New Analysis Using Tax Statistics - 19 March 2010

Authors
Synergies Economic Consulting
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 6. Estimating the Distribution Rate of Imputation Tax Credits - 23 June 2009

Authors
R R Officer
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 7. Review of WACC parameters Gamma - ETSA Price Reset - 22 June 2009

Authors
Gilbert and Tobin
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 8. NERA Report - Payout Ratio of Regulated Firms - 5 January 2010

Authors
NERA Economic Consulting
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 9. Evidence and submissions on gamma - 25 March 2010

Content type
Document

Attachment 10-4 Gamma Supporting Documents - 10.(a) Report prepared for the AER On the Estimation of Gamma - 19 March 2010

Authors
John C Handley
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 10.(b) Advice on Gamma in Relation to the 2010-2015 Qld SA Electricity Distribution Determinations - 20 October 2009

Authors
John C Handley
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 10.(c) Further Comments on the Valuation of Imputation - 15 April 2009

Authors
John C Handley
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 10.(d) A Note on the Valuation of Imputation Credits - 12 November 2008

Authors
John C Handley
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 11. Neville Hathaway - Accessing the ATO statistics on the ATO website - July 2010

Authors
Neville Hathaway
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 12. Market Arbitrage of Cash Dividends and Franking Credits - September 2006

Authors
David J Beggs
Christopher L Skeels
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 13. A Measure of the Efficacy of the Australian Imputation Tax System - March 2008

Authors
Krishnan Maheswaran
John C Handley
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 14.(a) The impact of franking credits on the cost of capital of Australian firms - 16 September 2008

Authors
Strategic Finance Group (SFG Consulting)
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 14.(b) 'The value of imputation credits as implied by the methodology of Beggs and Skeels (2006) - 1 February 2009

Authors
Strategic Finance Group (SFG Consulting)
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 14.(c) Response to AER Draft Determination in relation to Gamma - 13 January 2010

Authors
Strategic Finance Group (SFG Consulting)
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 14.(d) 'Further analysis in response to AER Draft Determination in relation to gamma - 4 February 2010

Authors
Strategic Finance Group (SFG Consulting)
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 14.(e) 'Issues relating to the estimation of gamma' - 15 July 2010

Authors
Strategic Finance Group (SFG Consulting)
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 15. ETSA Utilities responses to the AER's Draft Determination - 13 January 2010

Authors
Christopher L Skeels
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 16. Neville Hathaway Comment on 'A Measure of the Efficacy of the Australian Imputation Tax System' - July 2010

Authors
Neville Hathaway
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 17. Neville Hathaway 'Imputation Credit Redemption ATO data 1988-2008 - July 2010

Authors
Neville Hathaway
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 18. Truong, Partington and Peat 'Cost-of-Capital Estimation and Capital Budgeting Practice in Australia - 1 June 2008

Authors
Giang Truong
Graham Partington
Maurice Peat
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 19. Grant Samuel, Valuation for Origin Energy - 15 September 2008

Authors
Grant Samuel
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 20. Grant Samuel, SPAUSNET - Valuation - 5 November 2007

Authors
Grant Samuel
Content type
Document

Attachment 10-4 Gamma Supporting Documents - 21. Christopher Skeels 'A Review of the SFG Dividend Drop-Off study - 28 August 2009

Authors
Christopher L Skeels
Content type
Document

Attachment 13-1 NIEIR QLD Demand Forecast for the Queensland Envestra distribution regions to 2020 - September 2010

Authors
National Institute of Economic and Industry Research (NIEIR)
Content type
Document

Attachment 14-1 Pricing Modelling Paper - 29 September 2010

Authors
Envestra
Content type
Document

Attachment 14-1 Queensland Cost Allocation Model - 1 October 2010

Authors
Envestra
Content type
Document

Attachment 14-2 Proposed Queensland Tariff Schedule 2011-12 - 1 October 2010

Authors
Envestra
Content type
Document

Statutory Declaration -1 October 2010

Authors
Envestra
Content type
Document

Submissions - to access arrangement proposal

Submissions closed 26 November 2010.

AGL Energy - submission on Envestra (Qld) access arrangement proposal

Authors
AGL Energy
Content type
Document

Origin Energy submission to Envestra (Qld) access arrangement proposal - 26 November 2010

Authors
Origin Energy
Content type
Document

Stakeholder forum

On 28 October 2010 the AER held a public forum in Brisbane for the discussion of APT Allgas and Envestra's access arrangement revision proposals.

AER public forum agenda - Envestra (Qld) access arrangement proposal

Authors
AER
Content type
Document

Envestra Qld forum presentation - 28 October 2010

Authors
Envestra
Content type
Document

AER forum presentation - 28 October 2010

Authors
AER
Content type
Document

APT Allgas forum presentation - 28 October 2010

Authors
APT Allgas
Content type
Document

AER forum minutes - Envestra Qld - 28 October 2010

Authors
AER
Content type
Document