Transmission Revenue Reset Process
As a regulated business, AusNet Services is required to lodge a Revenue Proposal with the Australian Energy Regulator (AER) by 31 October 2020 setting out proposed revenues and investment plans for the five-year regulatory period commencing 1 April 2022. The process for setting revenue is referred to as the Transmission Revenue Reset (TRR). The next five-year regulatory period for electricity transmission runs from 1 April 2022 to 31 March 2027.
Customer Advisory Panel
AusNet Services has established its first TRR Customer Advisory Panel to work with the business to ensure the Revenue Proposal reflects customers’ views and preferences. The Panel comprises representatives from direct-connect customers, consumer advocacy groups, generators and the Victorian distribution businesses.
*Left CAP in July 2020
Customer Engagement Program customer engagement
To supplement the engagement with the Customer Advisory Panel, AusNet Services is conducting other customer engagement activities such as Briefing Sessions, Deep Dives, consultation with the existing Customer Consultative Committee (CCC) and one-on-one interviews with stakeholders.
These activities provide valuable insights into customer perspectives which feed into the business-as-usual operations and reset engagement with the Customer Advisory Panel.
Key engagement activities are shown on the timeline.
Submission of Revenue Proposal
AusNet Services submitted its Revenue Proposal to the AER on 30 October 2020. This is available here:
Plain English Overview
Broader customer and stakeholder consultation
We are committed to undertaking meaningful and genuine engagement with customers and stakeholders in the period since we have lodged our plans. The document below provides a summary of the approach and activities we are planning to undertake.
2023-27 Transmission Revenue Reset - Customer Advisory Panel #7