Decision
Back to topFollowing recent consultation with stakeholders, the AER has decided to delay its final 2020–25 network revenue determinations due on 30 April 2020.The AER now intends to release its final decision for Energex on 5 June 2020.
The short delay is to allow the AER to use short-term forecasts of inflation from the Reserve Bank of Australia released on 8 May 2020. This will allow the AER to include a more accurate reflection of the economic circumstances in our decision for the next regulatory control period.
We will provide Energex the indicative information it requires to commence preparing its annual pricing proposal for 1 July 2020 prices.
To aid transparency of this process and to assist stakeholders to prepare for 1 July network price changes, a number of documents relating to the delay will be published below under 'Supporting information'. This is expected to include the documents proposed for publication in the indicative timetable directly below.
Indicative timetable
Back to top| Documents (1) | Author |
|---|---|
| AER - Pricing Timeline Process - Updated 29 May 2020 ( PDF 250.47 KB ) | AER |
Supporting information
Back to topEnergex has been supplied indicative information as per the documents below.
On 28 May 2020, Exergex submitted to the AER an indicative initial pricing proposal for its Queensland distribution network for the period 1 July 2020 to 30 June 2021. Energex's indicative pricing proposal can be found here.
Submissions
Back to topSubmissions to the AER regarding the proposed delay of final decisions.
Submissions - May inflation forecast update
Back to top| Documents (3) | Author |
|---|---|
| EQ - Submission to AER - 2020–25 Final decisions inflation forecast update - 11 May 2020 ( PDF 1.53 MB ) | Energy Queensland Limited (EQL) |
| JGN - Submission on Updated Inflation Forecast for JGN - 11 May 2020 ( PDF 942.16 KB ) | Jemena Gas Networks (NSW) Ltd (JGN) |
| SAPN - Submission to the AER 2020–25 inflation forecast - 11 May 2020 ( PDF 1.53 MB ) | SA Power Networks |
Update - Correspondence
Back to topOn 3 July 2020, the AER provided a brief report to the Commonwealth, State and Territory Energy Ministers explaining the delay to the revenue determinations and access arrangement final decisions released by the AER on 5 June 2020.