The Australian Energy Regulator has consulted publicly on its preliminary views on the regulated revenue pricing proposal made by SA Power Networks for 2020 to 2025. The pricing proposal sets out how much money SA Power Networks proposes to spend on the network in the five years from 2020, and the impacts this will have on consumers bills.
Affordability is a priority for households and small businesses and is Energy Consumers Australia’s first port of call when reviewing network revenue proposals. SA Power Networks’ proposal would see annual customer bills decrease from 1 July 2020 by $40 for the average residential consumer and $111 for the average small to medium business. These price reductions would provide welcome relief for consumers, and every effort must be made to explore opportunities for greater efficiencies and further savings. The challenge of transformation looms large over this revenue determination with SA Power Networks grappling with the reality of a more decentralised and diverse electricity system.
The full submission can be read here.
Referenced analysis from Dynamic Analysis can be read in Attachment A.