Attachment A - VEBM Stage 1 - order in council GG2023S542

On 7 June 2024 Jemena submitted a cost pass through application to the AER, seeking to recover costs incurred in response to the Victorian Government introducing the Victorian Emergency Backstop Mechanism (VEBM). 

Jemena is proposing an increase in its revenue allowance of approximately $7.8 million ($2021) in the current regulatory control period.