30 November 2017
TO: ASX Limited
Singapore Exchange Securities Trading Limited
Gas Access Arrangement Review
AER Final Decision
The Australian Energy Regulator (AER) published the Final Decision on AusNet Services' 2018-22 Gas Access Arrangement Review Proposal earlier today. The following table summarises the AER's Final Decision relative to the Draft Decision.
AER Draft Decision ($M) | AER Final Decision ($M) | % Change | |
Total Revenue | 1,045 | 1,040 | - 0.5 |
Total Capital Expenditure | 502 | 522 | + 4.0 |
Total Operating Expenditure | 289 | 293 | + 1.4 |
As expected, the changes between the Draft Decision and Final Decision are minimal given AusNet Services' acceptance of the Draft Decision. The minor changes reflect updates for actual expenditure outcomes and higher forecast levels of customer growth.
The new Access Arrangement period commences 1 January 2018.
For a full copy of the Final Decision please refer to the AER's website, www.aer.gov.au.
Claire HamiltonCompany Secretary
AusNet Services Ltd. published this content on 30 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 November 2017 08:41:07 UTC.
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