AusNet Services – Cost pass through – 500kV Transmission Line Tower Collapse

Sector: 
Segment: 
Status: 
Region: 
Commencement date: 
10 July 2020
Effective date: 
1 April 2021
Contact: 
AER General inquiries AERInquiry@aer.gov.au
AER reference: 
65242

Overview

On 10 July 2020, AusNet Services submitted an application to the AER for a positive pass through of $2.4 million for costs associated with a 500kV transmission line tower collapse that occurred in January 2020. AusNet Services proposes that the pass through amount should be recovered through an increase in AusNet Services' transmission revenue in the year ending 31 March 2022. The pass through amount for this period constitutes a small proportion of the actual costs of the event ($25.0 million), as the capital costs incurred will be recovered over the life of these long lived assets.

Consultation

We invited energy consumers and other interested parties to make a submission on AusNet Services’ 500kV transmission line tower collapse cost pass through application by 31 July 2020. We received three submissions.