The submission responds to both the Australian Energy Regulator’s (AER) Draft Revenue Determination for TransGrid and TransGrid’s Revised Proposal to the AER.

In summary, while Energy Consumers Australia is heartened by TransGrid’s greater engagement with consumer representatives and agrees with many of the key components of TransGrid’s Revised Proposal, it disagrees with TransGrid’s proposed allowance for capital expenditure (capex).

As part of the submission, Energy Consumers Australia commissioned an expert analysis of TransGrid’s capex from JWH Consulting. This report is Attachment 1.