AER Approves Network Tariffs

AER Approves Network Tariffs

Uncategorized
#ExemptSuppliers, #AuthorisedRetailers On 14 May 2021, the Australian Energy Regulator announced that it had approved distribution tariffs for distributors in various states including New South Wales, South Australia, and Queensland. Electricity bills are made up of a number of components which include wholesale cost, retail margin, and network charges. The majority of a residential retail bill is made up of network charges and so, the AER's determination will have a material impact on the price paid by consumers for electricity. Queensland In the case of Queensland, the AER approved the 2021 to 2022 electricity distribution tariffs proposed by Energex and Ergon Energy in accordance with their relevant 2020 to 2025 distribution determinations. The determinations set revenues that those distributors can recover to reflect their cost of delivering electricity supply to…
Read More