ElectraNet - Cost pass through - 2022–23 insurance costs

Sector: 
Segment: 
Status: 
Commencement date: 
28 October 2022
Effective date: 
1 July 2023
Contact: 
AER General Inquiries AERInquiry@aer.gov.au
AER reference: 
AER213605

Overview

On 28 October 2022, ElectraNet submitted a cost pass through application to the AER, seeking to recover additional insurance premium costs incurred in the 2022–23 financial year. ElectraNet sought an increase in allowed revenue of $5.32 million, to be recovered in the 2023–24 year.

On 30 March 2023, the AER released its decision to approve a positive pass-through amount of $5.32 million to be recovered from transmission network users in 2023–24.