Electricity Model and Methodology Review 2018-19
Commission releases Issues Paper on Electricity Model and Methodology Review 2018-19
The Independent Competition and Regulatory Commission is currently undertaking a review of its pricing model and methodology (Review) for the supply of electricity to small customers on ActewAGL Retail’s regulated tariffs. This Review seeks to ensure that the Commission’s pricing model is accurate, reflects current market conditions and retailer practices, and is consistent with the Commission’s obligations under the Independent Competition and Regulatory Commission Act 1997 in setting prices from 1 July 2020.
The Review was established as a reset principle in the Commission’s 2017–20 Price Direction for standing offer prices for the supply of electricity to small customers.
The Commission released an issues paper on Electricity Model and Methodology Review 2018–19 on the 15 October 2018. This issues paper begins the consultation process for the Review.
A copy of the issues paper is available below. The closing date for submissions on the issues paper is Friday, 16 November 2018.
On Wednesday, 24 October 2018, the Commission released a technical appendix providing background to the issues paper released on 15 October 2018.
This technical appendix presents a mathematical summary of the Commission’s current electricity pricing model.
A copy of the technical appendix is available below.
|Document Name||Type||Size||Published date|
|Report 8 of 2018 - Issues Paper - Electricity Model and Methodology Review 2018-19||463 KB||15/10/2018|
|Technical Appendix : Issues Paper Electricity Model and Methodology Review 2018–19||266 KB||24/10/2018|