Powerlink's revenue for owning and operating its regulated transmission network is set by the Australian Energy Regulator (AER). Each year we publish the regulated transmission service prices for directly connected customers, in accordance with the National Electricity Rules (NER).
These prices, quoted in Australian dollars, consist of the following components:
- Prescribed Connection charge
- Prescribed TUOS (Locational) charge
- Prescribed TUOS (Non-Locational) charge, and
- Common Transmission Service charge.
More information on the pricing process is contained in the documents below, which have been approved by the AER:
Current and historical prices
Effective 1 July 2018
Effective 1 July 2017
Effective 1 July 2016
Inter-regional Transmission Use of System Charges
Updated 15 February 2017
The Australian Energy Market Commission published its Final Determination and Rule to implement inter-regional transmission charging arrangements in February 2013. Consistent with these amendments to the Rules1, the AER’s Pricing Methodology Guidelines2 and Powerlink’s Pricing Methodology3, Powerlink is required to publish the modified load export charge (MLEC) payable for the following financial year for use of the Queensland transmission network by adjacent regions by 15 February each year.
Powerlink has calculated the MLEC amount payable by TransGrid to Powerlink as follows:
MLEC payable by TransGrid4
Revenue to be recovered(exc GST).
- Clause 6A.29 and new Rule 6A.29A (from 1 July 2015).
- AER Pricing Methodology Guidelines (July 2014).
- Approved by the AER in May 2015.
- Adjusted in accordance with clause 6A.23.3(f).
Powerlink has developed a negotiating framework for ‘negotiated services’ (as defined in the National Electricity Rules). This Negotiating Framework for Negotiated Services must be used by Powerlink and network users when negotiating charges and terms and conditions for negotiated services.
Our Revenue Proposal outlines forecast revenue requirements to provide an efficient, safe and reliable transmission service. Our contribution to electricity bills reduced by a third from 1 July 2017. As Powerlink comprises 7% of the total cost of the residential electricity bill, this represents an annual saving of between $23 and $38 for the average Queensland household.