We appreciate the opportunity to respond to the Australian Energy Regulator’s (AER) remade draft decision on the access arrangement for Jemena Gas Networks (JGN) for the 2015-20 regulatory control period.

We support the AER’s draft decision to accept Jemena Gas Networks’ proposal. We understand this means that Jemena Gas Networks can recover estimated total revenues of $2,246.6 million ($ nominal) from consumers over the 2015-20 access arrangement period; and will return $168 million to consumers throughout the 2020-25 access arrangement period.

This $168 million reflects the amount that Jemena Gas Networks over-recovered from consumers throughout the appeals process for the 2016-17 and 2017-18 regulatory years.

The full submission can be read here.