On 13 November 2020, TransGrid submitted a cost pass through application seeking to recover costs in relation to the 2019-20 bushfires in New South Wales. The bushfires impacted 9 per cent of TransGrid’s transmission line route length and its 2,681 transmission line structures.
TransGrid submits its response and restoration effort to address the 2019-20 bushfire season has a material impact to the cost of providing prescribed transmission services and constitutes a natural disaster pass through event. To recover these costs TransGrid proposes a positive pass through amount of approximately $53.2 million (Nominal), or $55.5 million (Nominal) when smoothed over the last two years of the 2018–23 period.
We invited interested parties to make submissions on TransGrid's cost pass through application. Submissions have now closed. We received two submissions.