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.
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.
On 31 January 2019, the AER published a replacement Framework and Approach (F&A) to apply to Jemena's 2021-26 distribution determination process.
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.
|Jemena - 2021-26 Regulatory Proposal - Overview - 31 January 2020 ( PDF 10.34 MB )||Jemena Electricity Networks|
|Jemena - 2021-26 Regulatory Proposal - Printer Friendly Version - 31 January 2020 ( PDF 5.02 MB )||Jemena Electricity Networks|
|Jemena - 2021-26 Regulatory Proposal - Short on Time - 31 January 2020 ( PDF 1.62 MB )||Jemena Electricity Networks|
|Jemena - Regulatory Proposal for the Intervening Period - 31 January 2020 ( PDF 807.88 KB )||Jemena Electricity Networks|