On 20 February, the AER released its preliminary Framework and Approach for Victorian transmission service provider, AusNet Services. 

Submissions to the Framework and Approach position paper closed on Thursday, 20 March 2025. No submissions were received.

The AER has published its Framework and Approach for the upcoming revenue determination for Victorian electricity transmission network service provider, AusNet Services.

A regulated network business must periodically apply to the AER for a determination on the maximum amount of revenue that it can earn from consumers over a 5-year period.

The Framework and Approach sets out our approach to key elements of the upcoming determination including:

• Which incentive schemes will apply, for example, to service quality, improvements in network reliability or capital and operating expenditure.
• Our approach to setting efficient expenditure forecasts and the establishment of the opening regulatory asset base for the upcoming regulatory control period.
   

AusNet Services are due to submit their next revenue proposals on 31 October 2025, for the period 1 April 2027 to 31 March 2032.