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AER Determination - AusNet Services - February 2024 Storm Event - Distribution Cost Pass Through - November 2024

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Decision

Step

The AER has determined that the 13 February 2024 storm met the definition of a natural disaster pass through event, and that the incremental costs meet the materiality threshold for a positive change event. The AER has approved a positive pass through amount of $30.1 million ($nominal, smoothed) to be recovered over the following three regulatory years: 

  • $9.6 million to be recovered in 2025–26
  • $10.0 million to be recovered in 2026–27
  • $10.4 million to be recovered in 2027–28

Authors

AER

Author