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We own and operate the whole Victorian electricity transmission network, one of five electricity distribution businesses and one of three gas distribution businesses in Victoria. As well as the network businesses, our Commercial Energy Services business, provides metering, asset intelligence and telecommunication solutions to the utility and infrastructure sectors.

   
AusNet Services is 31.1 per cent owned by Singapore Power, 19.9 per cent owned by State Grid of China and 49 per cent publicly owned. We are listed on the Australian Securities Exchange (ASX), code AST and the Singapore Stock Exchange (SGX).

  
We operate our three networks in a regulated environment meaning the Australian Energy Regulator (AER) sets the prices for the electricity and gas networks once every five years by reviewing proposals submitted by the electricity and gas businesses across Australia. The AER reviews proposals and makes decisions based on:

 
  • Projected demand
  • Age of infrastructure
  • Operating and financial costs
  • Network reliability and safety
 
For more information on the AER’s role, please visit www.aer.gov.au.

When comparing state wholesale electricity prices, Victoria’s electricity distribution businesses offer customers some of the lowest prices in Australia.