Final Report and Final Determination
On 29 April 2022, the Regulator released its Final Report, Final Determination and Final Price Approval Guideline. The Final Report was accompanied by a media release.
2022 Standing Offer Electricity Pricing Investigation - Final Report (PDF 1Mb)
2022 Standing Offer Price Determination (PDF 932Kb)
The 2022 Standing Offer Price Approval Guideline is available here.
On 29 April 2022, the Regulator also approved Aurora Energy's Standing Offer Tariff Strategy which is available here.
Draft Report and Draft Determination
On 18 February 2022, the Regulator released
its Draft Report, Draft Determination and Draft Price
Approval Guideline. The Draft Report was accompanied by a media release.
2022 Standing Offer Electricity Price Investigation - Draft Report (PDF 1Mb)
Draft 2022 Standing Offer Price Determination (PDF 966Kb)
Draft 2022 Standing Offer Price Approval Guideline (PDF 794Kb)
The Regulator invited submissions from interested parties on the Draft Report.
Submissions closed on 25 March 2022.
The following submissions were received:
Tasmanian Labor Party (PDF 346Kb)
COTA Tasmania (PDF 369Kb)
Tasmanian Renewable Energy Alliance (PDF 349Kb)
Aurora Energy (PDF 2Mb)
Tasmanian Small Business Council (PDF 840Kb)
TasCOSS/Tasmanian Small Business Council (PDF 522Kb)
Mr Dirk Petrusma (PDF 14Kb)
Consultant Report
The Regulator engaged Utilities Regulation Advisory and Oakley Greenwood (URA/OGW) to review Aurora Energy's proposed cost to serve allowance. The consultant's summary report is provided below.
URA/OGW - Review of Aurora Energy’s cost to serve allowance - summary and key findings (PDF 210Kb)
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
pricing proposal
On 27 October 2021, the Regulator published Aurora Energy's pricing proposal in relation to 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 Description | Date |
Regulator releases its draft report, draft price
determination, draft standing offer 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 Strategy | 18 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
|
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.