Consultation paper - Review of the standardised capital expenditure model - July 2026

As part of our review of the distribution capex model, we are proposing to streamline the model to improve useability and readability. We are also proposing to introduce a standardised transmission capex model. The purpose of this model will be to improve consistency and transparency across transmission submissions, similar to the approach taken for distribution. The new transmission capex model will be based on the updated distribution capex model, tailored to the needs of transmission businesses.

We are seeking stakeholder feedback on our proposed changes, as well as any additional areas of concern, and elements of the current model which stakeholders feel could be streamlined. 

The feedback we receive in response to this paper will inform our amendments to the models, which we expect to release in the coming months.