CitiPower and Powercor - Proposed security fee scheme

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Date initiated: 
28 June 2010
Effective date: 
1 April 2011

Overview

CitiPower and Powercor proposed security fee schemes under Electricity Industry Guideline No. 14 – Provision of Services by Electricity Distributors, whereby a distribution network service provider (DNSP) may require a security deposit (security fee) when connecting high risk customers to insure against potential asset stranding, which will then be eventually funded by all other customers of the DNSP.