6th December 2018The Australian Energy Regulator (AER) has today published the evaluation framework CEPA has developed for evaluating AusNet Services, a Victorian based electricity distribution network's trial of the ‘New Reg’ process. The New Reg process is the outcome of a joint initiative of the AER, Energy Consumers Australia, and Energy Networks Australia to improve sector engagement and to identify opportunities for regulatory innovation. The New Reg process is intended to enable consumer perspectives to be reflected in regulatory proposals in advance of lodging those proposals for the AER’s assessment under the legislative framework. A key feature of the New Reg trial is the creation of an officially recognised platform – the ‘Customer Forum’ – for consumers to negotiate elements of AusNet’s revenue proposal in advance of its submission to the AER so that it reflects consumers perspectives and preferences. The evaluation is being undertaken in stages, with deliverables covering major milestones in the trial, and the final evaluation is due in October 2020. The evaluation framework is available here.
Our first ‘Insights Report’, one of a set of three to be delivered at various stages up to and including AusNet Services submission of its Final Regulatory Proposal, has also been published today. The Insights Report covers the establishment and early operation of the trial. The first Insights Report is available here.