AusNet Services is seeking an increase in its allowed revenue to fund the final stage of installation for Rapid Earth Fault Current Limiters (REFCLs), and has submitted an application to the AER.
Funding for a “contingent project” is permitted under clause 6.6A.2 of the National Electricity Rules through an adjustment to the maximum allowed revenue under AusNet Services 2016-20 revenue determination.
Network revenue determinations are made by the AER and set out the revenue network businesses can collect from electricity consumers through charges within a defined period.
Interested parties are invited to make submissions on AusNet Services’ contingent project application by 26 July 2019.
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