Overview

Draft decision

On 27 November 2014, we released our draft decision on the revenue that TransGrid may recover from its customers over the 2015–16 to 2017-18 regulatory control period.

We also released a Fact Sheet to accompany and summarise our draft decision. The purpose of this Fact Sheet is to make our decision accessible to a wide ranging consumer audience.

AER Rate of return - Fact sheet - November 2014 View details

AER Rate of return - Fact sheet - November 2014_2.DOCX
DOCX (94.01KB)
AER Rate of return - Fact sheet - November 2014_2.pdf
PDF (238.63KB)
Authors
AER
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Document

AER - Draft decision TransGrid transmission determination - Fact sheet - November 2014 View details

AER - Draft decision TransGrid transmission determination - Fact sheet - November 2014_0.DOCX
DOCX (678.15KB)
AER - Draft decision TransGrid transmission determination - Fact sheet - November 2014_0.pdf
PDF (438.44KB)
Authors
AER
Content type
Document

TransGrid reset 2014-19 - Draft decision - Overview View details

TransGrid reset 2014-19 - Draft decision - Overview.DOCX
DOCX (614.51KB)
TransGrid reset 2014-19 - Draft decision - Overview.pdf
PDF (1.43MB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 1 - Maximum allowed revenue - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 1 - Maximum allowed revenue - November 2014.DOCX
DOCX (245.99KB)
AER - Draft decision TransGrid transmission determination - Attachment 1 - Maximum allowed revenue - November.pdf
PDF (459.24KB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 2 - Regulatory asset base - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 2 - Regulatory asset base - November 2014.DOCX
DOCX (244.3KB)
AER - Draft decision TransGrid transmission determination - Attachment 2 - Regulatory asset base - November 20.pdf
PDF (157.54KB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 3 - Rate of return - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 3 - Rate of return - November 2014.DOCX
DOCX (2MB)
AER - Draft decision TransGrid transmission determination - Attachment 3 - Rate of return - November 2014.pdf
PDF (4.38MB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 4 - Value of imputation credits - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 4 - Value of imputation credits - November 2014.DOCX
DOCX (948.13KB)
AER - Draft decision TransGrid transmission determination - Attachment 4 - Value of imputation credits - Novem.pdf
PDF (1.1MB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 5 - Regulatory depreciation - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 5 - Regulatory depreciation - November 2014.DOCX
DOCX (223.75KB)
AER - Draft decision TransGrid transmission determination - Attachment 5 - Regulatory depreciation - November.pdf
PDF (128.3KB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 6 - Capital expenditure - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 6 - Capital expenditure - November 2014.DOCX
DOCX (693.32KB)
AER - Draft decision TransGrid transmission determination - Attachment 6 - Capital expenditure - November 2014.pdf
PDF (1006.16KB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 7 - Operating expenditure - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 7 - Operating expenditure - November 2014.DOCX
DOCX (915.26KB)
AER - Draft decision TransGrid transmission determination - Attachment 7 - Operating expenditure - November 2014.pdf
PDF (2.05MB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 8 - Corporate Income Tax - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 8 - Corporate Income Tax - November 2014.DOCX
DOCX (224KB)
AER - Draft decision TransGrid transmission determination - Attachment 8 - Corporate Income Tax - November 201.pdf
PDF (131KB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 9 - Efficiency benefit sharing scheme - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 9 - Efficiency benefit sharing scheme - November 2014.DOCX
DOCX (149.91KB)
AER - Draft decision TransGrid transmission determination - Attachment 9 - Efficiency benefit sharing scheme -.pdf
PDF (143.66KB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 10 - Capital expenditure sharing scheme - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 10 - Capital expenditure sharing scheme - November 2014.DOCX
DOCX (140KB)
AER - Draft decision TransGrid transmission determination - Attachment 10 - Capital expenditure sharing scheme.pdf
PDF (125.4KB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 11 - Service target performance incentive scheme - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 11 - Service target performance incentive scheme - November 2014.DOCX
DOCX (161.22KB)
AER - Draft decision TransGrid transmission determination - Attachment 11 - Service target performance incenti.pdf
PDF (200.4KB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 12 - Pricing methodology - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 12 - Pricing methodology - November 2014.DOCX
DOCX (152.43KB)
AER - Draft decision TransGrid transmission determination - Attachment 12 - Pricing methodology - November 201.pdf
PDF (169.12KB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 13 - Cost pass throughs - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 13 - Cost pass throughs - November 2014.DOCX
DOCX (225.44KB)
AER - Draft decision TransGrid transmission determination - Attachment 13 - Cost pass throughs - November 2014.pdf
PDF (136.66KB)
Authors
AER
Content type
Document

AER - Draft decision TransGrid transmission determination - Attachment 14 - Negotiated services - November 2014 View details

AER - Draft decision TransGrid transmission determination - Attachment 14 - Negotiated services - November 2014.DOCX
DOCX (127.12KB)
AER - Draft decision TransGrid transmission determination - Attachment 14 - Negotiated services - November 20.pdf
PDF (110.85KB)
Authors
AER
Content type
Document

Consultant reports

The AER commissioned a range of reports from consultants.

Deloitte Access Economics – Forecast growth in labour costs for NSW Tasmania and the ACT – 24 July 2014

Authors
Deloitte Access Economics (DAE)
Content type
Document

Dr Martin Lally – Implementation issues for the cost of debt – 20 November 2014

Authors
Dr Martin Lally
Content type
Document

Dr Martin Lally – Transitional arrangements for the cost of debt – 24 November 2014

Authors
Dr Martin Lally
Content type
Document

Economic Insights - Economic Benchmarking Assessment of Operating Expenditure for NSW and Tasmanian Electricity TNSPs - 10 November 2014

Authors
Economic Insights Pty Ltd
Content type
Document

EMCa - Review of Proposed Replacement Capex in TransGrid Revenue Proposal 2014-2019 - Report to AER - October 2014

Authors
EMCa
Content type
Document

John C. Handley – Advice on the Return on Equity – 16 October 2014

Authors
John C Handley
Content type
Document

John C. Handley – Advice on the Value of Imputation Credits – 29 September 2014

Authors
John C Handley
Content type
Document

Michael McKenzie & Graham Partington – Report to the AER, Part A-Return on Equity – October 2014

Authors
Graham Partington
Michael McKenzie
Content type
Document

Olan Henry – Estimating Beta – An update – April 2014

Authors
Olan T Henry
Content type
Document

ACCC Regulatory Economic Unit, Return on debt estimation, a review of the alternative third party data series - Report for the AER - August 2014

Authors
Australian Competition and Consumer Commission (ACCC)
Content type
Document

Models

The AER must publish certain models with its draft decision for TransGrid.

AER Draft decision TransGrid transmission determination - TransGrid 2014 - Adjustments to RBA and BVAL curves illustrative example - November 2014

Authors
AER
Content type
Document

AER Draft decision TransGrid transmission determination - TransGrid 2014 - capex - November 2014

Authors
AER
Content type
Document

AER Draft decision TransGrid transmission determination - TransGrid 2014 - consolidated capex forecast - November 2014

Authors
AER
Content type
Document

AER Draft decision TransGrid transmission determination - TransGrid 2014 - Economic Insights TNSP productivity files - November 2014

Authors
AER
Content type
Document

AER Draft decision TransGrid transmission determination - TransGrid 2014 - post tax revenue model - November 2014

Authors
AER
Content type
Document

AER Draft decision TransGrid transmission determination - TransGrid 2014 - roll forward model - November 2014

Authors
AER
Content type
Document

AER Draft decision TransGrid transmission determination - TransGrid 2014 - step change analysis - November 2014

Authors
AER
Content type
Document

AER Draft decision TransGrid transmission determination - TransGrid 2014- opex model - November 2014

Authors
AER
Content type
Document

Submissions

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Submissions in response to the draft decision and revised proposal closed on 6 February 2015. Links to the submissions can be found under the Revised Proposal milestone below.

Stakeholder forum

On 27 November 2014, the AER published its draft decision for Transgrid's transmission determination for the 2014-18 regulatory control period.

We held a pre-determination conference on 8 December 2014 in Sydney to explain first hand to stakeholders our draft decision and what it means. The presentations made in this conference are available below.

NSW pre-determination conference - AER presentation on TransGrid and Directlink draft decisions - 8 December 2014

Authors
AER
Content type
Document

NSW pre-determination conference - CCP sub-panel 6 presentation (1) on TransGrid and Directlink draft decisions - 8 December 2014

Authors
Consumer Challenge Panel (CCP)
Content type
Document

NSW pre-determination conference - CCP sub-panel 6 presentation (2) on TransGrid and Directlink draft decisions - 8 December 2014

Authors
Consumer Challenge Panel (CCP)
Content type
Document

NSW pre-determination conference - TransGrid presentation on AER draft decision - 8 December 2014

Authors
Transgrid
Content type
Document