On 4 November 2019 the AER released a consultation paper that proposed a pathway to the 2022 rate of return instrument, together with a report by The Brattle Group summarising stakeholder feedback on the process used to set the 2018 rate of return instrument.
The consultation paper:
- Has an explicit focus on the decision making process, not the content of the instrument.
- Provides a high-level outline of the decision making stages and our proposed timelines for them.
- Outlines high-level roles for various entities involved in the consultation and review process.
- Describes key elements of the process to the 2022 review and the high-level purpose for each.