Overview

Revised proposal

On 6 January 2016, AusNet Services submitted its revised proposal to the AER. The revised proposal documents are attached below.

While the details of AusNet Services' revised regulatory proposal can be found in these documents, we have sought to provide greater transparency and accessibility by publishing a summary of the Victorian electricity distribution businesses’ revised proposals (also attached below). It provides an overview of the proposed revenue amounts, and how they differ from the businesses’ initial proposals and our preliminary decisions. In addition, the summary includes a breakdown of the building block components of the revised proposals, and estimates of the residential bill impacts of the revised proposals and—by way of comparison—our preliminary decisions.

The bill impact estimates are for standard control and advanced metering infrastructure (AMI) services only. Other factors that may affect a customer’s electricity bill—such as transmission network costs, wholesale prices and retail costs—are held constant. Our bill impact estimates are indicative because distribution network charges form only part of the final bill paid by customers (which varies by distribution business). Individual customers' actual bills will depend on their specific usage patterns and the structure of their retail tariffs. The estimates are based on an average of standing offers at June 2015 on Switchon comparison tool using annual bill for typical consumption of 4690 kWh per year.

AusNet Services - Revised Proposal - January 2016

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AusNet Services
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AusNet Services - Revised Proposal cover letter - January 2016

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AusNet Services
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AusNet Services - Revised Regulatory Proposal Document Matrix - 14 January 2016

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AusNet Services
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AER - Vic EDPR 2016-20 - overview of revised proposals - 12 February 2016

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AER
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AER agenda - AusNet Services presentation to AER Board - 10 March 2016

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AER
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AusNet Services slide presentation to AER Board - 10 March 2016

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AusNet Services
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Supporting information - Attachments and appendices

AusNet Services has provided further supporting information which we have not published on our website due to the volume of documents. A list of documents provided but not published is included on this page.

If you wish to obtain a copy of any of the unpublished material, please email VICElectricity2016ataer [dot] gov [dot] au (VICElectricity2016[at]aer[dot]gov[dot]au).

AusNet Services - Appendix 2A - Service Classification Proposal - January 2016

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AusNet Services
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AusNet Services - Appendix 3A - Capital Expenditure Supporting Information - January 2016

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AusNet Services
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AusNet Services - Appendix 4A - CIE Labour Price Forecasts Report - January 2016

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AusNet Services
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AusNet Services - Appendix 12A - Proposed Negotiating Framework - January 2016

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AusNet Services
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AusNet Services - Revised Proposal Power of Choice program - January 2016

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AusNet Services
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AusNet Services - Revised Proposal ESV Exemption - January 2016

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AusNet Services
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AusNet Services - CEG (5 Jan 16) Sep 2015 cost of debt and inflation forecasts - Victorian distributors - January 2016

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AusNet Services
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AusNet Services - Addendum to Metering Asset Management Strategy Public - January 2016

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AusNet Services
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AusNet Services - NER Compliance Checklist - January 2016

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AusNet Services
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AusNet Services - EDPR Revised Proposal - Extract of Minutes - Self Insurance - January 2016

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AusNet Services
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AusNet Services - Signed Director's Statutory Declaration - January 2016

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AusNet Services
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CEG - Critique of the AER's approach to transition - January 2016 (Appendix 7A)

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Competition Economists Group (CEG)
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CEG - Criteria for assessing fair value curves - January 2016 (Appendix 7B)

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Competition Economists Group (CEG)
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Frontier Economics - The required return on equity under a foundation model approach - January 2016 (Appendix 7C)

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Frontier Economics
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Frontier Economics - The relationship between government bond yields and the market risk premium - January 2016 (Appendix 7D)

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Frontier Economics
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Frontier Economics - Estimating the equity beta for the benchmark efficient entity - January 2016 (Appendix 7F)

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Frontier Economics
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Frontier Economics - The appropriate use of tax statistics when estimating gamma - January 2016 (Appendix 7G)

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Frontier Economics
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HoustonKemp - The Cost of Equity-Response to the AER's Draft Decisions for the Victorian Electricity Distributors, ActewAGL Distribution & Australian Gas Networks - January 2016 (Appendix 7E)

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HoustonKemp
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AER - AusNet Services revised proposal unpublished documents - January 2016

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AusNet Services
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Models

AusNet Services - Customer Forecast Model - January 2016

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AusNet Services
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AusNet Services - Demand Forecast Model - January 2016

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AusNet Services
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AusNet Services - Distribution Capex Model - Revised Proposal Public - January 2016

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AusNet Services
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AusNet Services - Distribution Connections Capex Forecast model - Revised Proposal Public - January 2016

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AusNet Services
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AusNet Services - EDPR Revised Regulatory Proposal Opex Model Public - January 2016

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AusNet Services
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AusNet Services - Revised Proposal GSL forecast opex build-up - January 2016

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AusNet Services
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AusNet Services - Revised Proposal Power of Choice opex build-up - January 2016

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AusNet Services
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AusNet Services - Revised Regulatory Proposal EBSS Model - January 2016

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AusNet Services
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AusNet Services - Metering cost model - revised proposal - January 2016

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AusNet Services
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AusNet Services - Metering post tax revenue model and exit fees - January 2016

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AusNet Services
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AusNet Services - Metering Opening RAB - January 2016

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AusNet Services
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AusNet Services - ACS Build up of Prices Public - January 2016

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AusNet Services
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AusNet Services - Public lighting model - January 2016

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AusNet Services
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AusNet Services - Distribution PTRM Revised Proposal Public - January 2016

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AusNet Services
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AusNet Services - Distribution Depreciation model - 'Year by Year' tracking - January 2016

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AusNet Services
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AusNet Services - Distribution RFM Revised Proposal - January 2016

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AusNet Services
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AusNet Services - Reset RIN templates - January 2016

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AusNet Services
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Confidentiality claims

The confidentiality template includes an approximate indication of the proportion and comparative proportion of material in AusNet Services' revised regulatory proposal for 2016-20 and Regulatory Information Notice (RIN) response that is subject to a claim of confidentiality compared to that which is not.

AusNet Services - Confidentiality Response - 14 Jan 2016

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AusNet Services
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AER - Confidentiality claims by VIC distributors - Revised regulatory proposals - Jan 2016

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AER
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Submissions - on preliminary decision

Submissions in response to the preliminary decision closed on 6 January 2016.

The AER may, but need not, consider a submission it receives after the consultation period has ended.

Eastern Alliance for Greenhouse Action - Submission on AER preliminary decision VIC EDPR 2016-2020 - 6 January 2016

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Eastern Alliance for Greenhouse Action
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Origin Energy - Submission on AER preliminary decision VIC EDPR 2016-2020 - 6 January 2016

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Origin Energy
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RESPAresearch - Submission on AER preliminary decision VIC EDPR 2016-20 - 1 December 2015

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RESPAresearch
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Vector Ltd - Submission on AER preliminary decision VIC EDPR 2016-2020 - 21 December 2015

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Vector Limited
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VECUA - Submission on AER preliminary decision VIC EDPR 2016-2020 - 6 January 2016

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Victorian Energy Consumer and User Alliance (VECUA)
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Street Light Group of Councils - Submission on AER Preliminary Decision EDPR VIC 2016-20 - 6 Jan 2016

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Street Light Group of Councils
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Late submissions - on preliminary decision

The AER may, but need not, consider a submission it receives after the consultation period has ended.

AGL - Submission on AER preliminary decision VIC EDPR 2016-2020 - 8 January 2016

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AGL
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Victorian Government - Submission on AER preliminary decision VIC EDPR 2016-2020 - 14 January 2016 (late submission)

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Victorian Government
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Submissions - on revised proposal

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Submissions in response to the revised proposals closed on 4 February 2016.

The AER may, but need not, consider a submission it receives after the consultation period has ended.

Ethnic Communities' Council of NSW - Submission on revised proposals VIC EDPR 2016-2020 - 20 January 2016

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Ethnic Communities' Council of NSW Inc (ECC NSW)
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Victorian Government - Submission on revised proposals VIC EDPR 2016-2020 - 29 January 2016

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Victorian Government
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ActewAGL Distribution - Submission on the AER's Draft Decision ActewAGL AA 2016-21 and contemporaneous resets - 4 February 2016

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ActewAGL
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ActewAGL Distribution - Attachment - Response to VECUA submission - 4 February 2016

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ActewAGL
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ActewAGL Distribution - Attachment - Frontier Economics Response to submissions on the relevance of the Transgrid sale - 4 February 2016

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Frontier Economics
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Origin Energy - Submission on revised proposals VIC EDPR 2016-2020 - 4 February 2016

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ActewAGL
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CitiPower - Submission on revised proposals VIC EDPR 2016-20 - 4 February 2016

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CitiPower
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Powercor - Submission on revised proposals VIC EDPR 2016-20 - 4 February 2016

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Powercor Australia
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United Energy - Submission on revised proposals VIC EDPR 2016-20 - 4 February 2016

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United Energy Distribution
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United Energy - Attachment - ESQUANT Consulting Report - 4 February 2016

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ESQUANT Statistical Consulting
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United Energy - Attachment - Frontier Economics Report on TransGrid sale - 4 February 2016

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Frontier Economics
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Jemena - Submission on revised proposals VIC EDPR 2016-2020 - 4 February 2016

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Jemena
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Jemena - 1 CEG - Best estimate of debt risk premium - February 2016

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Competition Economists Group (CEG)
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Jemena - 2 Frontier - Relevance of the TransGrid sale - February 2016

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Frontier Economics
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Jemena - Attachment 05.02 - JEN SCS Distribution - PTRM - 4 February 2016

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Jemena
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Jemena - Attachment 05.03 - JEN SCS Distribution - RAB RFM - 4 February 2016

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Jemena
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Jemena - Attachment 06.02 - JEN SCS Distribution - Rate of Return Model - 4 February 2016

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Jemena
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Jemena - Attachment 08.03 - JEN SCS Distribution - Opex Forecast Model - 4 February 2016

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Jemena
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Jemena - Attachment 09.02 - JEN ACS Metering - PTRM - 4 February 2016

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Jemena
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Jemena - Attachment 09.04 - JEN ACS Metering - Opex Forecast Model - 4 February 2016

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Jemena
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AusNet Services - Response to submissions on AER preliminary decision VIC EDPR 2016-20 - 4 February 2016

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AusNet Services
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AusNet Services - Attachment 1 - GSL forecast opex build-up - 4 February 2016

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AusNet Services
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AusNet Services - Attachment 2 - CEG memorandum - 4 February 2016

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Competition Economists Group (CEG)
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Late submissions - on revised proposal

The AER may, but need not, consider a submission it receives after the consultation period has ended.

Victorian Government - Submission on revised proposals VIC EDPR 2016-2020 - 12 February 2016

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Victorian Government
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AusNet Services - Submission on averaging period and Bloomberg - 24 March 2016

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AusNet Services
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AusNet Services - Submission attachment 1 - FW Re Question about BVAL curves - 24 March 2016

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AusNet Services
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AusNet Services - Submission attachment 2 - Updated CEG Memo - 24 March 2016

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AusNet Services
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