Envestra (Victoria) Access Arrangement Proposal - 30 March 2012

Envestra (Victoria) has submitted a revised gas access arrangement proposal for the Victorian gas distribution system to the Australian Energy Regulator (AER) for review, pursuant to Envestra (Victoria)'s obligations under the National Gas Law (NGL). The AER has publicly released this access arrangement proposal for consideration and comment by interested parties.

Under the NGL and National Gas Rules the AER has the function of reviewing and approving the terms of the Proposals. The Proposals contain the terms, including prices, under which the Service Providers propose to provide gas retailers with access to their networks for the period 1 January 2013 to 31 December 2017. The AER assesses the terms of the Proposals against the National Gas Objective which is set out in the NGL. Following the review the AER must make a final decision to approve, or to refuse to approve a Proposal.