The Regulator released its 2019 Regulated Feed-in Tariff Rate Investigation Draft Report and Media Release on 27 March 2019. The Draft Report sets out the Regulator’s proposed approach to determining the regulated feed-in tariff rate for small-scale distributed generation (such as solar PV) for mainland Tasmania for each of the 2019-20 and 2020-21 financial years.
The Report also examines issues around the potential introduction of a time-varying feed-in tariff for mainland Tasmania.
Written submissions are invited during the consultation period, closing 30 April 2019.
Notice of intention to conduct a pricing investigation
On 1 December 2018, the Regulator announced its intention to conduct a Regulated Feed-in Tariff Rate pricing investigation. The pricing investigation is to be conducted to gather information to assist the Regulator in making a regulated FiT rate determination.
On 25 February 2019, the Regulator advised stakeholders that its Final Investigation Report will be released, and its Final Determination will be made, on or before 30 May 2019. The timeframes for the investigation were extended to enable the Regulator to adequately address the issues surrounding the potential introduction of a time-varying FiT for mainland Tasmania. The Regulator has also issued an amended Notice.
The outcomes from the investigation will set out how the Regulator will calculate the FiT rate for each of the 2019-20 and 2020-21 financial years. The pricing investigation is being conducted to gather information to assist the Regulator in making a regulated FiT rate determination.
The timeframes for the investigation are as follows:
|Description of task||Date|
|Regulator commences investigation||1 December 2018|
|Regulator releases Draft Report and Draft Price Determination for public consultation||27 March 2019|
|Regulator considers submissions on Draft Report and Draft Price Determination||From 30 April 2019|
|Regulator releases Final Report and FiT Rate Determination||30 May 2019|
|Regulator calculates the FiT Rate for 2019-20||Mid-June 2019|
Matters to be considered
In accordance with the matters the Regulator is required to consider in determining the regulated feed-in tariff rate, submissions on the draft report and draft determination will be invited on issues including the following:
(a) the fair and reasonable value to authorised retailers of electricity supplied to the distribution network by feed-in tariff customers;
(b) the net financial benefit, to authorised retailers, of electricity supplied to the distribution network by feed-in tariff customers, having regard to the costs of authorised retailers, including, but not limited to including –
(i) the costs to authorised retailers of purchasing wholesale electricity; and
(ii) other costs of authorised retailers in operating their retail electricity businesses;
(c) the other costs, or other benefits, that –
(i) include those related to the distribution networks or transmission networks; and
(ii) result, either directly or indirectly, from the supply of electricity to distribution networks by qualifying systems at premises of small customers;
(d) the COAG National Principles for Feed-in Tariff Arrangements, as those Principles apply from time to time;
(e) any arrangements of the Commonwealth, whether legislative or otherwise, in relation to the pricing of carbon emissions or other mechanisms to reduce the use of carbon-emitting fuels;
(f) the principle that the feed-in tariff rate specified in the determination should not have the effect that any customer would effectively be cross-subsidising any other customer;
(g) the possible introduction of a time-of-use feed-in tariff including consideration of costs and benefits; and
(h) approaches, methodologies, findings or recommendations, taken or made in other jurisdictions for determining fair and reasonable feed-in tariff rates.