Essential Energy - Annual pricing 2016-17

Sector: 
Segment: 
Status: 
Commencement date: 
16 May 2016
Effective date: 
1 July 2016
Contact: 
AER General inquiries AERInquiry@aer.gov.au

Overview

Essential Energy has offered an enforceable undertaking in relation to its 2016–17 pricing. This is because in February 2016 the Australian Competition Tribunal set aside the AER’s May 2015 distribution determination decision for Essential Energy. On 16 May 2016 the AER formally accepted Essential Energy’s undertaking. The undertaking will expire 30 June 2017.

Under the undertaking, Essential Energy has submitted an annual pricing proposal for 2016–17 network charges. Essential Energy’s undertaking will also oblige Essential Energy to continue to provide network services consistent with the non-price terms and conditions of its 2015–19 electricity distribution determination.