On 16 August 2019 the AER received a request from AusNet Services to revoke the waiver granted to SPI Powernet (AusNet Transmission's former trading name). The request stated that AusNet Transmission no longer required the waiver in order to maintain compliance with the Transmission Ring-fencing Guidelines. On 2 September 2019, the AER published a draft decision to revoke the waiver. On 2 December 2019, the AER published a final decision to revoke the waiver.
Background
In March 2005 the AER granted a waiver to SPI Powernet (now AusNet Services) to allow it not to comply with clause 7(a)(ii) of the Transmission Ring-fencing Guidelines. The waiver was granted because the public benefits generated through compliance were outweighed by the administrative costs that would be imposed.