Powerlink submits its Revenue Proposal to the Australian Energy Regulator (AER) every five years. The AER is responsible for the economic regulation of prescribed revenue received by transmission network service providers (TNSPs) under chapter 6A of the National Electricity Rules. Powerlink’s Revenue Proposal outlines its forecast revenue requirements to provide an efficient, safe and reliable transmission service. The AER assesses this proposal before setting Powerlink’s Maximum Allowable Revenue (MAR) for the following five-year regulatory period.
2017/18 – 2021/22 Regulatory Period
On 28 April 2017, the AER released its Final Decision for the 2017/18 - 2021/22 regulatory period. You can view the AER Final Decision and an Overview sheet by clicking on the links below:
2018-22 Australian Energy Regulator Final Decision
This is the final step in a process that is outlined on the AER’s website and below. More information relating to this process is available in the following information sheets:
Throughout this process, Powerlink engaged with stakeholders to ensure their views and concerns informed decision-making. To find out more about Powerlink’s stakeholder engagement activities, visit the Stakeholder Engagement page.
Information related to previous steps in this process are shown in the table below:
|
Revenue Proposal Activity |
Date |
|---|---|
AER publishes Transmission Determination |
28 April 2017 |
|
|
|
AER invites public to lodge submissions about Powerlink’s Revised Revenue Proposal |
|
Powerlink submits Revised Revenue Proposal |
1 December 2016 |
|
|
|
AER hosts predetermination conference |
19 October 2016 |
AER publishes Draft Determination |
29 September 2016 |
|
|
|
Submissions on Powerlink's Revenue Proposal close |
May 2016 |
AER Public Forum about Issues Paper |
30 April 2016 |
AER Issues Paper in response to Powerlink Revenue Proposal |
29 March 2016 |
Powerlink Revenue Proposal |
31 January 2016 |
|
|
|
Expenditure Forecasting Methodology to the AER |
30 June 2015 |
|
|
|
Framework and Approach |
Several |
|
|
|
2012/13 – 2016/17 Regulatory Period
The AER published its final Transmission Determination for Powerlink in April 2012 for the period 1 July 2012 to 30 June 2017. The Final Determination and other related documents, including Powerlink’s Revenue Proposal and Revised Revenue Proposal are available from the AER website.