Ring-fencing guideline (electricity distribution) - December 2016

Sector: 
Category: 
Ring fencing guideline
Status: 
Date initiated: 
1 January 2016
Effective date: 
1 December 2016

Overview

On 30 November 2016, we published our Final Ring-fencing Guideline for electricity distribution which will apply across the NEM. We also published an explanatory statement to assist in understanding the Guideline and to explain why we have reached the positions set out in the Guideline. The Guideline is effective from 1 December 2016. Distribution network service providers (DNSPs) are required to comply with the Guideline as soon as it is reasonably practicable and no later than 1 January 2018.

Guideline amendment

The Guideline amendment is intended to address the need for improved clarity of certain terms and definitions used in the Guideline and to address unintended consequences stemming from the way the Guideline is presently drafted. This will facilitate compliance with the Guideline by electricity distributors by 1 January 2018. It is not intended to reconsider other aspects of the Guideline or look at any broader changes.