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Australian Energy Regulator

Australian Energy Regulator. Public Forum NSW electricity distribution revenue proposals 2014-19 10 July 2014. 9.30 – 9.45 AER introduction – Andrew Reeves, Chairman AER 9.45 – 10.15 Networks NSW – Vince Graham, CEO Networks NSW

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Australian Energy Regulator

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  1. Australian Energy Regulator Public Forum NSW electricity distribution revenue proposals 2014-19 10 July 2014

  2. 9.30 – 9.45 AER introduction – Andrew Reeves, Chairman AER • 9.45 – 10.15 Networks NSW – Vince Graham, CEO Networks NSW • 10.15 –11.00 Presentations from NSW distributors • 11.00 –11.20 Consumer Challenge Panel (CCP) presentation • 11.20 –12.15 Q & A • 12.15 –12.30 Wrap-up – Jim Cox, Board Member, AER Agenda

  3. NSW businesses to present their proposals • Consumer Challenge Panel to present some initial views on the proposals • Consumers and their representatives to ask questions of the businesses about their proposals • Outline the determination process from here Purpose of the public forum

  4. AEMC rule change determination on November 2012 • Deferral of full regulatory determination process for the NSW distributors’ next regulatory control period (2014–19) • Better Regulation guideline development process in 2013 • Placeholder revenue allowance for a transitional regulatory control period (1 July 14 to 30 June 15) in April 2014 • Receipt of regulatory proposals 31 May 2014 • Publication of proposals 20 June 2014 • Publication of issues paper 8 July 2014 Process to date

  5. The NSW distributors’ proposed price paths ($nominal) How proposals affect consumers

  6. Our analysis of the revenue proposals will consider each of the revenue components and any inter-relationships between these components • We must decide the businesses revenues as a whole. • We will have regard to our ‘Better Regulation’ Guidelines, including: • Expenditure Assessment Guideline – and the results from our first benchmarking report • Rate of Return Guideline • We will be interested in hearing consumer views on the NSW distributors’ consumer engagement initiatives (including engagement on its proposed changes to the pricing methodology) AER approach

  7. Presentations from Networks NSW, NSW distributors and Consumer Challenge Panel

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