2022 Standing Offer Investigation and Determination

Aurora Energy’s Draft Standing Offer Tariff Strategy

On 29 November 2021, the Regulator published Aurora Energy's Draft Standing Offer Tariff Strategy:​

 Aurora Energy Draft Standing Offer Tariff Strategy - November 2021 (PDF 8Mb)​


Aurora Energy’s submission

On 27 October 2021, the Regulator published Aurora Energy's submission into the 2022 Price-regulated Retail Service (Standing Offer) Pricing Investigation:​

 Aurora Energy Submission - 2022 Price-regulated Retail Service (Standing Offer) Pricing Investigation (PDF 18Mb)


Notice of intention to conduct a pricing investigation

On 16 December 2021, the Regulator revised the timeframes for the release of its draft investigation report and determination so as its external consultant had sufficient time to complete its review of Aurora Energy's proposed cost to serve allowance.

The Regulator will now release its draft report and determination on 18 February 2022 around 2 weeks later than originally planned. To accommodate this change the consultation period on the Regulator's draft report was reduced from 6 weeks to 4 weeks.

On 19 January 2022, the Regulator extended the consultation period for its draft report by one week in response to requests from stakeholders for additional time to respond to the proposals that will be set out in the report.

Stakeholders will now have until 25 March 2022 to make a submission.

The revised timeframes for the investigation are as follows:​

Task DescriptionDate
Regulator releases its draft report, draft price determination, draft standing offe​r price approval guideline and Aurora Energy's draft Standing Offer Tariff Strategy for public consultation
18 February 2022
Consultation on the Regulator's draft report, draft price determination, draft standing offer price approval guideline and Aurora Energy's draft Standing Offer Tariff Strategy18 February 2022- 25 March 2022
Regulator releases its final report, price determination and standing offer price approval guideline and approves Aurora Energy's Standing Offer Tariff Strategy
29 April 2022
Aurora Energy submits its pricing proposal for 2022-23 to the Regulator for approval
31 May 2022

Regulator approves 2022-23 standing offer prices (consistent with the price determination)  
Mid-June 2022



On 25 September 2021, the Regulator published a notice of intention to conduct a Price-regulated Retail Service (Standing Offer) Pricing Investigation:

 Notice of intention to conduct a Standing Offer Pricing Investigation (PDF 604Kb)​

Standing Offer Methodology Review
In August 2020, the Regulator decided to review the methodology to be used in determining Aurora Energy's retail electricity (standing offer) prices during its next pricing investigation and in its next price determination.

The Regulator's proposed approach to determining standing offer prices in its 2022 Standing Offer Price Determination (2022 Determination) was set out in its draft Retail Electricity Standing Offer Price Methodology Review Approach Paper.

 Draft Retail Electricity Standing Offer Price Methodology Review Approach Paper (PDF 1Mb)

The draft Paper summarised the Regulator's proposed approach to determining the maximum standing offer prices Aurora Energy, as the regulated offer retailer, can charge small customers in Tasmania (including Bruny Island) on standard retail contracts for the supply of electricity from 1 July 2022 to 30 June 2025. The proposals set out in the draft Paper did not apply to Aurora Energy's prices for customers on market retail contracts.

The draft Paper also compared the proposed approaches with the methods applied under the current, 2016 Standing Offer Price Determination. The draft Paper also sets out the Regulator's proposed approach to approving annual standing offer prices under the 2022 Determination.

The Regulator invited submissions from interested parties on the proposals set out in the draft Paper. 

Submissions closed on 7 May 2021.

The following submissions were received:​

  Nekon Pty Ltd - Submission to the Standing Offer Price Methodology Review - 28 April 2021 (1/2)   (1Mb)

  Nekon Pty Ltd - Submission to the Standing Offer Price Methodology Review - 28 April 2021 (2/2)   (1Mb)

  COTA Tasmania - Submission to the Standing Offer Price Methodology Review - 6 May 2021   (221Kb)

  Aurora Energy - Submission to the Standing Offer Price Methodology Review - 7 May 2021   (271Kb)

  Renewables Tasmania - Submission to the Standing Offer Price Methodology Review - 7 May 2021   (2Mb)

  TasNetworks - Submission to the Standing Offer Price Methodology Review - 7 May 2021   (532Kb)

  Property Council - Submission to the Standing Offer Price Methodology Review - 10 May 2021   (328Kb)

  Energy ROI - Submission to the Standing Offer Price Methodology Review - 14 May 2021   (786Kb)

  TasCOSS/Tasmani​an ​Small Business Council - Submission to the Standing Offer Price Methodology Review - 14 May 2021   (930Kb)


On 24 September 2021, the Regulator released its Retail Electricity Standing Offer Price Methodology Review Paper.

 Retail Electricity Standing Offer Price Methodology Review Approach Paper (PDF 1Mb)

The Paper references and responds to all issues raised by stakeholders during consultation on the draft Approach Paper.​​​











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