Australian Gas Networks regulatory framework review 2021-2026
- Project Released: 2 Jul 2019
- Project Closes: Mar 2020
- Contact: Tamsyn Hinksman
The Commission reviews the effectiveness of its regulatory framework for Australia Gas Networks every five years, prior to the commencement of a new revenue regulation period by the Australian Energy Regulator.
The next regulatory period is 1 July 2021 – 30 June 2026.
Current status is Draft
The Commission is seeking feedback on a Draft Decision on the review of its regulatory framework for Australian Gas Networks.
Submissions should be provided by Friday 13 December 2019. The Commission will consider all submissions and representations as it prepares a Final Decision, due to be released in March 2020.
The Draft Decision is to:
- continue the current arrangement of not setting jurisdictional service reliability standards in the form of performance targets for Australian Gas Networks for the 2021 – 2026 regulatory period
- continue the current quarterly monitoring and reporting regime, which includes three performance indicators: responsiveness to the leaks and emergencies telephone number, responsiveness to public reporting of gas leaks, and trends in unplanned interruptions, and
- make a series of amendments (59 in total) to remove duplication, enhance clarity, remove redundancy, and harmonise jurisdictional requirements with those of the national gas legislative framework. These do not materially change Australian Gas Networks’ regulatory obligations.
The amendments to the Commission’s regulatory instruments are proposed to take effect from 1 July 2020.