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 2019 the AER released its final framework and approach (F&A) papers for Jemena for the 2021-25 regulatory control period.

Background

On 30 April 2018, Jemena submitted to the AER a request to develop a replacement Framework and Approach (F&A) to apply to its next distribution determination process for the 2021-25 regulatory control period.

Energy consumers and other interested parties were invited to make submissions on whether it is desirable to amend or replace Jemena's current F&A by 7 June 2018. No submissions were received.

On 28 June 2018, the AER issued a decision to replace Jemena's F&A. Consultation commenced in August 2018.

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.