Jemena - Determination 2021-26

Sector: 
Segment: 
Region: 
Commencement date: 
30 April 2018
Regulatory period: 
1 July 2021 to 30 June 2026 (5 years)
Status: 
Contact: 
General enquiries - VIC resets 2021-26 Vic2021-26@aer.gov.au
AER reference: 
63601

Overview

On 31 January 2020, the Victorian distribution business, Jemena, submitted its revenue proposal to the AER. The proposal sets out the revenue Jemena proposes to collect from its customers through distribution charges from 1 July 2021 to 30 June 2026. Submissions on the distribution business proposals and the AER issues paper closed on 3 June 2020 and will be published shortly on the website.

Public forum

To accommodate the implications of COVID-19, the Victorian electricity determination 2021-26 took place in an alternate form. To facilitate engagement on the distribution business proposals and the AER issues paper we have published stakeholder presentations and responses to questions received.

Background

On 31 January 2019, the AER published a replacement Framework and Approach (F&A) to apply to Jemena's 2021-26 distribution determination process.

Note

The Victorian Minister for Energy, Environment and Climate Change has written to the AER and the Victorian distribution businesses indicating the government’s intention to change the timing of the annual Victorian electricity and gas network prices changes. The change would bring Victoria into alignment with the other NEM states to operate on a financial –rather than calendar- year basis. The intention is for this change to come into effect for the next regulatory control period. This will mean extending the current regulatory period by 6 months. Whilst the change still requires passage through Victorian parliament to give effect through legislation, we understand that the next regulatory control period will commence on 1 July 2021 to 30 June 2026.