Electricity Model and Methodology Review 2018-19


Draft Report: Electricity Model and Methodology Review 2018–19

On 4 April 2019, the Commission released a draft report on the Electricity Model and Methodology Review 2018–19.

The report sets out the Commission’s draft decisions on the pricing model and methodology for the supply of electricity to small customers on ActewAGL Retail’s regulated tariffs.

A copy of the draft report is available below.

Submissions on the draft report are invited. The closing date for submissions is Thursday, 2 May 2019. A submission cover sheet is available here.

The Commission will hold a public forum on Monday, 15 April 2019 at 11 am at the Canberra  Museum and Gallery providing an opportunity for stakeholders to ask questions and provide feedback on the draft decision. Please register your attendance via email at icrc@act.gov.au or call 02 6205 0799.

( Document Name Type Size Published date )
Report 3 of 2019: Draft Report - Electricity Model and Methodology Review 2018-19PDF1 MB04/04/2019
Report 3 of 2019: Draft Report - Electricity Model and Methodology Review 2018-19DOCX1 MB04/04/2019

Commission releases a technical paper on energy purchase costs

As part of the electricity model and methodology review, the Commission, on 1 February 2019, released a technical paper on energy purchase costs, which includes an expert report prepared by Frontier Economics.

The technical paper seeks stakeholder submissions on  Frontier Economics’ findings and recommendations, and outlines  key issues on which the Commission would welcome stakeholder views.

The closing date for submissions is 26 February 2019.

A copy of the technical paper and Frontier Economics’ report is available below. A spreadsheet illustrating how the energy purchase costs can be calculated using the approach recommended by Frontier Economics is available on request. For a copy of the spreadsheet please email the Commission at icrc@act.gov.au

( Document Name Type Size Published date )
Report 1 of 2019 - Technical Paper - Electricity Model and Methodology Review 2018-19PDF2 MB01/02/2019

Submissions  – Technical Paper

( Document Name Type Size Published date )
Submission 1 - ActewAGL RetailPDF581 KB19/03/2019
Submission 2 - ACTCOSSPDF165 KB19/03/2019
Submission 3 - EPSDDPDF189 KB19/03/2019

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 2018-19PDF463 KB15/10/2018
Technical Appendix : Issues Paper Electricity Model and Methodology Review 2018–19PDF266 KB24/10/2018

Submissions- Issues Paper

( Document Name Type Size Published date )
Submission 1 (16 November 2018) – ActewAGL RetailPDF1,012 KB21/11/2018