The Australian Energy Regulator (AER) has released its Final Distribution Determination for Ergon Energy for 2010 to 2015.
The Determination sets Ergon Energy’s allowable revenue limit to expand, maintain, and operate the regional Queensland electricity network over that period.
Ergon Energy has been participating in the revenue determination process since June 2009 when it submitted to the AER a Regulatory Proposal which sought to secure the revenue required to deliver:
- Improved network resilience to severe weather and cyclones
- Improved quality of supply – particularly on SWER lines in remote and rural Queensland
- Improved reliability
- Increased capacity to meet growing customer demand for electricity at peak times, driven by population and economic growth and lifestyle aspects such as air conditioning.
In November 2009 the AER released its Draft Distribution Determination for our 2010-2015 Regulatory Proposal. In response, Ergon Energy submitted its Revised Regulatory Proposal on January 14, 2010. The AER made its Final Distribution Determination on May 6, 2010.
To view the AER’s Final Distribution Determination visit the Australian Energy Regulator website.
