By Anne Wardell, Compliance Quarter.
The Electricity Supply (Safety and Network Management) Regulation 2014 requires all NSW electricity network operators to have a safety management system in place, measure the system’s performance and publish an annual report in relation to the results. The Independent Pricing and Regulatory Tribunal, New South Wales (IPART) publish electricity networks reporting manuals. The current manuals have been in place since October 2016.
IPART has decided to undertake a review of the reporting requirements for safety management system performance measures which will incorporate a comprehensive review and rethink of current performance measures to:
- maximise the usefulness of the information collected by networks and reported to IPART and the public, and
- ensure minimal regulatory costs to the network operators.
IPART intends to consult with network operators and seek public feedback. An issues paper will be published in March 2018 and draft reporting manuals will be published in May 2018. There is a Fact Sheet currently available which provides details of who to contact if you are interested in the review. For more information refer to the Review home page on the IPART website.
We will provide further updates when documents are released or should you need further assistance please contact the Compliance Quarter team here.