As required by the National Electricity Rules (NER), AER is preparing to undertake the next transmission determination for the Victorian electricity transmission network service provider (TNSP) — AusNet Services. The AER’s transmission determination will cover the next regulatory control period (1 April 2017 to 31 March 2022). AusNet Service's regulatory proposal is due by 31 October 2015.
The AER must publish a framework and approach paper in anticipation of the transmission determinations. The framework and approach paper will set out the AER’s likely approach in the transmission determination for AusNet Services on such matters as:
- service target performance incentive scheme
- efficiency benefit sharing scheme
- capital expenditure sharing scheme
- expenditure forecast assessment guidelines, and
- whether depreciation will be based on forecast or actual capital expenditure.
Interested parties are encouraged to consider the key dates.
Indicative timetable - key dates
|Framework and approach published
||31 March 2015
|AusNet Services submits regulatory proposal
||31 October 2015
|Submissions on revenue proposal close
||4 February 2016
|AER to publish draft transmission determination
||Mid 2016 *
|AER to publish final transmission determination
||31 January 2017
Source: NER, Chapter 6A
Notes:* The NER does not provide specific timeframes in relation to publishing draft decisions. Accordingly, this date is indicative only.