In August 2017, the AER, Energy Networks Australia (ENA) and Energy Consumers Australia announced a joint initiative to explore ways to improve sector engagement and identify opportunities for regulatory innovation. The goal of this initiative is to ensure that customers’ preferences drive energy network businesses proposals and regulatory outcomes.
The project has included the development of a model for a different approach to revenue resets which is being trialed by AusNet Services. This is a process of ‘learning by doing’ and alongside it the project team is conducting a live engagement process of consultation to refine the proposed approach from the lessons of the trial and further contributions from stakeholders. This includes releasing project monitoring and insights reports at significant milestones.
AusNet has lodged its Revenue Proposal and released the Customer Forum’s Final Engagement Report (see quick links for the Forum’s report). The AER is currently reviewing the Proposal in accordance with the National Electricity Rules.
Two rounds of monitoring and insights reports are available on the AER’s website and a third round will be published shortly (see quick links). The Project Team will be hosting a further public workshop in late June.
If you would like to receive updates throughout this consultation process, please register your interest at: RegulatoryInnovation@aer.gov.au
If you would like further information on Energy Consumers Australia’s involvement contact David Havyatt on 02 9220 5508 or at david.havyatt@energyconsumersaustralia,com.au