The amount of revenue we earn from our customers each year is set by the Australian Energy Regulator. This regulation exists to protect customers by ensuring performance standards and by capping revenues based on expected costs forecast over a 5-year period.
We've recently received the regulator's final decision on our Transmission Revenue and Distribution Regulatory Proposal 2019-2024. The regulator has allowed us $2,012.5 million to operate the distribution and transmission networks over 5 years beginning 1 July 2019.
We consulted extensively during the development of the proposal and the final decision ensures we can deliver the current and future needs of our customers.
A consistent and clear message from our customers is that affordability is their primary concern, while significant importance is also placed on delivering safe and reliable services for the Tasmanian community.
We're committed to keeping the increase at around CPI levels for both transmission and distribution customers and we have been able to do that while not compromising the delivery of a safe and reliable electricity supply. The revenue set by the regulator is likely to result in less than a 2% average annual price increase for distribution customers over the 5 years.
Transmission Revenue and Distribution Regulatory Proposal 2019-2024On 30 April 2019 the regulator released its final decision for the period 1 July 2019 to 30 June 2024.
- TasNetworks Tariff Structure Explanatory Statement 2019-2024 (PDF)
- TasNetworks Tariff Structure Statement 2019-2024 (PDF)
Distribution Regulatory Proposal 2017-2019
In 2017 the regulator released its final decision for the period 1 July 2017 to 30 June 2019.
Transmission Revenue Proposal 2014-2019
In 2015 the regulator released its final decision for the period 1 July 2014 to 30 June 2019.
View our proposal documents: