Overview

Decision

On 29 October 2015, we released our preliminary decision on Jemena’s distribution determination for the 2016-20 regulatory control period.

We also released a Fact Sheet on our review of Jemena’s proposal to accompany and summarise our preliminary decision. The purpose of this Fact Sheet is to make our decision accessible to a wide ranging consumer audience.

AER - Fact sheet - Preliminary decision Jemena distribution determination - October 2015 View details

AER - Fact sheet - Preliminary decision Jemena distribution determination - October 2015.DOCX
DOCX (195.51KB)
AER - Fact sheet - Preliminary decision Jemena distribution determination - October 2015.pdf
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AER
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AER - Rate of return fact sheet - October 2015 View details

AER - Rate of return fact sheet - October 2015.DOCX
DOCX (78.91KB)
AER - Rate of return fact sheet - October 2015.pdf
PDF (303.41KB)
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AER
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AER - Preliminary decision Jemena distribution determination - Overview - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Overview - October 2015.DOCX
DOCX (747.53KB)
AER - Preliminary decision Jemena distribution determination - Overview - October 2015.pdf
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 1 - Annual revenue requirement - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 1 - Annual revenue requirement - October 2015.DOCX
DOCX (325.75KB)
AER - Preliminary decision Jemena distribution determination - Attachment 1 - Annual revenue requirement - October 2015.pdf
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 2 - Regulatory asset base - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 2 - Regulatory asset base - October 2015.DOCX
DOCX (267.3KB)
AER - Preliminary decision Jemena distribution determination - Attachment 2 - Regulatory asset base - October 2015.pdf
PDF (572.29KB)
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 3 - Rate of return - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 3 - Rate of return - October 2015.DOCX
DOCX (14.85MB)
AER - Preliminary decision Jemena distribution determination - Attachment 3 - Rate of return - October 2015.pdf
PDF (6.35MB)
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 4 - Value of imputation credits - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 4 - Value of imputation credits - October 2015.DOCX
DOCX (1.42MB)
AER - Preliminary decision Jemena distribution determination - Attachment 4 - Value of imputation credits - October 2015.pdf
PDF (1.59MB)
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 5 - Regulatory depreciation - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 5 - Regulatory depreciation - October 2015.DOCX
DOCX (338.37KB)
AER - Preliminary decision Jemena distribution determination - Attachment 5 - Regulatory depreciation - October 2015.pdf
PDF (460KB)
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 6 - Capital expenditure - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 6 - Capital expenditure - October 2015.DOCX
DOCX (1.61MB)
AER - Preliminary decision Jemena distribution determination - Attachment 6 - Capital expenditure - October 2015.pdf
PDF (1.85MB)
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 7 - Operating expenditure - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 7 - Operating expenditure - October 2015.DOCX
DOCX (837.77KB)
AER - Preliminary decision Jemena distribution determination - Attachment 7 - Operating expenditure - October 2015.pdf
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 8 - Corporate income tax - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 8 - Corporate income tax - October 2015.DOCX
DOCX (254.39KB)
AER - Preliminary decision Jemena distribution determination - Attachment 8 - Corporate income tax - October 2015.pdf
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 9 - EBSS - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 9 - EBSS - October 2015.DOCX
DOCX (244.67KB)
AER - Preliminary decision Jemena distribution determination - Attachment 9 - EBSS - October 2015.pdf
PDF (324.57KB)
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 10 - CESS - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 10 - CESS - October 2015.DOCX
DOCX (240.1KB)
AER - Preliminary decision Jemena distribution determination - Attachment 10 - CESS - October 2015.pdf
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 11 - STPIS - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 11 - STPIS - October 2015.DOCX
DOCX (255.38KB)
AER - Preliminary decision Jemena distribution determination - Attachment 11 - STPIS - October 2015.pdf
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 12 - DMIS - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 12 - DMIS - October 2015.DOCX
DOCX (238.35KB)
AER - Preliminary decision Jemena distribution determination - Attachment 12 - DMIS - October 2015.pdf
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 13 - Classification of services - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 13 - Classification of services - October 2015.docx
DOCX (278.58KB)
AER - Preliminary decision Jemena distribution determination - Attachment 13 - Classification of services - October 2015.pdf
PDF (473.69KB)
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 14 - Control mechanism - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 14 - Control mechanism - October 2015.DOCX
DOCX (302.79KB)
AER - Preliminary decision Jemena distribution determination - Attachment 14 - Control mechanism - October 2015.pdf
PDF (493.4KB)
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 15 - Pass through events - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 15 - Pass through events - October 2015.DOCX
DOCX (254.36KB)
AER - Preliminary decision Jemena distribution determination - Attachment 15 - Pass through events - October 2015.pdf
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 16 - Alternative control services - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 16 - Alternative control services - October 2015.DOCX
DOCX (347.37KB)
AER - Preliminary decision Jemena distribution determination - Attachment 16 - Alternative control services - October 2015.pdf
PDF (797.39KB)
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 17 - Negotiated services framework and criteria - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 17 - Negotiated services framework and criteria - October 2015.docx
DOCX (1.31MB)
AER - Preliminary decision Jemena distribution determination - Attachment 17 - Negotiated services framework and criteria - October 2015.pdf
PDF (1006.11KB)
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AER
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AER - Preliminary decision Jemena distribution determination - Attachment 18 - f-factor scheme - October 2015 View details

AER - Preliminary decision Jemena distribution determination - Attachment 18 - f-factor scheme - October 2015.DOCX
DOCX (234.51KB)
AER - Preliminary decision Jemena distribution determination - Attachment 18 - f-factor scheme - October 2015.pdf
PDF (285.96KB)
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AER
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Consultant reports

The AER commissioned a number of reports that it took into account when making its preliminary decision.

Chairmont - Financing Practices Under Regulation Final - October 2015

Authors
Chairmont Consulting
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Darryl Biggar - 2015 VIC EDPR An Assessment of the VIC DNSPs Demand Forecasting Methodology - September 2015

Authors
Dr Darryl Biggar
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Deloitte Access Economics - Forecast growth in labour costs in NEM regions of Australia - 15 June 2015

Authors
Deloitte Access Economics (DAE)
Content type
Document

Energeia - Review of Victorian distributors Initial Replacement Capex Proposals 2016-2020 - September 2015

Authors
Energeia
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Document

Lally - Review of Submissions on Implementation Issues for cost of debt - October 2015

Authors
Dr Martin Lally
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Lally - Review of Submissions on Transition Issues for cost of debt - October 2015

Authors
Dr Martin Lally
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Partington and Satchell - Report to the AER - Analysis of criticism of 2015 determinations - October 2015

Authors
Partington and Satchell
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Models

The AER must publish certain models with its preliminary determination for Jemena.

AER - Preliminary decision Jemena - Capex model - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Capex real cost escalation model - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Depreciation (baseline method) - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Efficiency benefit sharing scheme model - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Metering opex - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Metering post tax revenue model and exit fees - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Opening metering regulatory asset base - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Opex model - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Post tax revenue model - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Public lighting model - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Rate of return Risk free rate model - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Rate of return Ten year inflation forecasts - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Repex model (benchmark lives - benchmark unit costs) - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Repex model (calibrated lives - forecast unit costs) - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Repex model (calibrated lives - historical unit costs) - October 2015

Authors
AER
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AER - Preliminary decision Jemena - Roll forward model - October 2015

Authors
AER
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AER - Preliminary decision VIC and Final decision QLD & SA - Rate of return Return on debt model - October 2015

Authors
AER
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Submissions

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Preliminary determination

The AER sought submissions from interested stakeholders on our preliminary determination. Submissions closed on 6 January 2016.

These submissions can be found under the section 'Revised Proposal'.

Stakeholder forum

The AER held a public forum on its preliminary decisions on 17 November 2015.

AER public forum agenda - Victorian electricity - 17 November 2015

Authors
AER
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Vic Public Forum - AER presentation - 17 November 2015

Authors
AER
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Vic EDPR Proposals - CCP sub-panel 3 presentation - public forum 17 November 2015 final

Authors
Consumer Challenge Panel (CCP)
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Late submissions

Correspondence between Jemena and AER on timetable for consultation

Jemena sent the AER a letter dated 11 November 2015 raising concerns that the AER's consultation process does not provide stakeholders with a fair opportunity to properly understand the AER's decision and analysis, and to respond to it. This letter and the AER's response is attached.

Also attached is a letter previously sent by the AER to Jemena regarding a late, unsolicited submission from Jemena, which the AER did not consider in the preliminary decision or publish on its website.

AER letter to Jemena - timetable for consultation - 17 November 2015

Authors
AER
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Jemena - Process letter - 11 November 2015

Authors
Jemena Electricity Networks
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AER letter to Jemena - late submission - 18 September 2015

Authors
AER
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