Service target performance incentive scheme
3 April 2009
6 May 2011
The Essential Services Commission (ESC) of Victoria developed a service incentive scheme in its 2006-10 Price review. This encourages Victoria’s electricity distributors to meet and exceed target levels of reliability.
More recently the AER has developed a national Service Target Performance Incentive Scheme that will be applied to all jurisdictions of the NEM, as part of its revenue-price determination for each Distribution Network Service Provider.
The supply interruption events noted and subsequent decisions have been made in relation to the applications submitted for exclusion from the scheme.