792 Essential Services Commission Appeal Panel, Application by the Albury Gas Company (Envestra Albury), E2/2008, 11 November 2008, paragraph 175.
793 Essential Services Commission Appeal Panel, Application by the Albury Gas Company (Envestra Albury), E2/2008, 11 November 2008, paragraphs 173–175.
794 NGR, r. 98(1).
795 NGR, r. 98(3); NGL, s. 24(3).
796 AER, Draft decision, Envestra access arrangement proposal for 1 January 2013 – 31 December 2017, September 2012, pp. 211–212.
797 NGR, r. 98(1).
798 NGR, r. 98(3); NGL, s. 24.
799 AER, Draft decision, Envestra access arrangement proposal for 1 January 2013 – 31 December 2017, September 2012, p. 211.
800 Productivity Commission, Electricity network regulatory frameworks, Draft report, Volume 1, October 2012, p. 195.
801 NGR, r. 98(1) and (3); NGL, s. 24(6).
802 NGR, r. 98(1) and (3); NGL, s. 24(3).
803 Envestra, Revised access arrangement information, Attachment 11-1, 9 November 2012, p. 8.
804 In the electricity framework there are a number of service standard incentive schemes which are not in the gas framework: service targe performance incentive scheme (STPIS), guaranteed service levels (GSL), demand management and embedded generation connection incentive scheme.
805Hon. Michael Obrian MP, Minister for Energy and Resources, Victorian gas access arrangement review—Victorian Government submission, 14 January 2013, p. 5.
806 Envestra, Revised access arrangement information, Attachment 11-1, 9 November 2012, p. 9.
807 NGR, r. 98(3); NGL, s. 24(3); NGL, s. 24(6); NGL, s. 23.
808 NGR, r. 76(c).
809 Envestra, Revised proposal PTRM, November 2012.
810 All dollar amounts are in nominal dollar terms in this attachment because corporate income tax is an output of the post-tax revenue model (PTRM). The output of the PTRM such as the tax allowance and regulatory depreciation are expressed in nominal dollar terms, whereas the inputs of the PTRM such as forecast opex and capex are expressed in real dollar terms.
811 Envestra Victoria, Revised proposal PTRM, November 2012; Envestra Albury, Revised proposal PTRM, November 2012.
812 AER, Draft decision, Envestra access arrangement proposal for 1 January 2013 – 31 December 2017, September 2012, p. 226-228.
813 Envestra Victoria, Revised proposal PTRM, November 2012.
814 Australian Taxation Office, Tax Ruling 2012/2- Income tax: effective life of depreciating assets, 1 July 2012.
815 AER, Draft decision, Envestra access arrangement proposal for 1 January 2013 – 31 December 2017, September 2012, pp. 221-222.
816 Envestra Victoria, Revised proposal PTRM, November 2012; Envestra Albury, Revised proposal PTRM, November 2012.
817 Group 7 tax assets relate to forecast capex for the 2013–17 access arrangement period. Groups 1–6 relate to capex from previous periods.
818 AER, Draft decision, Envestra access arrangement proposal for 1 January 2013 – 31 December 2017, September 2012, pp. 221-225.
819 Envestra Victoria, Revised proposal PTRM, November 2012; Envestra Albury, Revised proposal PTRM, November 2012.
820 Envestra, Revised access arrangement information, December 2013, Attachment 10.2, p. 1.
821 AER, Draft decision, Envestra access arrangement proposal for 1 January 2013 – 31 December 2017, September 2012, p. 226.
822 ITAA 1997, s. 40-65.
823 Envestra, Revised access arrangement information, December 2013, Attachment 10.2, p. 1.
824 Envestra, Response to AER information request FD6a, 6 December 2012, pp. 1-2.
825 Envestra, Response to AER information request FD6a, 6 December 2012, pp. 1-2.
826 AER, Draft decision, Envestra access arrangement proposal for 1 January 2013 – 31 December 2017, September 2012, p. 227.
827 Australian Taxation Office, Tax Ruling 2012/2- Income tax: effective life of depreciating assets, 1 July 2012.
828 Because land is a non-depreciating asset, for modelling purposes, the AER used a term of 'n/a' as the standard tax asset life input for the 'Land' asset class to apply from 2013.
829 Envestra, Revised access arrangement information, December 2013, Attachment 10.2, p. 1.
830 Envestra Victoria, Revised proposal PTRM, November 2012; Envestra Albury, Revised proposal PTRM, November 2012.
831 Australian Taxation Office, Tax Ruling 2012/2- Income tax: effective life of depreciating assets, 1 July 2012, p. 143.
832 AER, Draft decision, Envestra access arrangement proposal for 1 January 2013 – 31 December 2017, September 2012, p. 228.
833 AER, Draft decision, Envestra access arrangement proposal for 1 January 2013 – 31 December 2017, September 2012, p. 228.
834 NGR, r. 74(2).
835 The AER's draft decision on Envestra's proposed demand forecasts are set out in: AER, Draft decision, Envestra access arrangement proposal for 1 January 2013 –17, 31 December 2017, September 2012, pp.236–241; The elements of the draft decision that Envestra adopted are set out in: Envestra,Revised proposal, Attachment 13.6: Demand forecasts, 9 November 2012, pp.1–2.
836 Envestra, Revised proposal, Attachment 13.6: Demand forecasts, 9 November 2012, p.1 and p.3.
837 Envestra, AER information request - FD3b to Envestra - Final Draft Response for Review, 17 January 2013.
838 AER, Access arrangement draft decision Envestra Ltd, 2013–17, Part 2Attachments, September 2012, pp.234–235.
839 NGR, r. 74(2).
840 Envestra, Access arrangement information, 30 March 2012, Attachment 13.1: Core Energy demand forecast report p.12; and Attachment 13.2: CSIRO – Projected changes in temperature 2012-2017.
841 Envestra, Access arrangement information, 30 March 2012 Attachment 13.3: CSIRO – Projected changes in temperature 2008-2012.
842 Envestra, Access arrangement information, 30 March 2012, Attachment 13.2: CSIRO – Projected changes in temperature 2012-2017, p.7.
843 AER, Access arrangement draft decision Envestra Ltd 2013 –17, Part 2, September 2012, pp.238–239.
844 AER, Access arrangement draft decision Envestra Ltd 2013 –17, Part 2, September 2012, p.241.
845 Envestra, Access arrangement information, 30 March 2012, Attachment 13.2: CSIRO – Projected changes in temperature 2012-2017, p.6.
846 Envestra, Access arrangement information, 30 March 2012, Attachment 13.2: CSIRO – Projected changes in temperature 2012-2017, p.6.
847 In contrast the CSIRO EDD projection was based on data for the period 1950 to 2011, of which data points between 2006 and 2010 are based on a projection. In contrast, AEMO data cover the period 1970 to 2011 – all data points are based on actual observations. For more details on AEMO's data, refer to: AEMO, Review of weather standards for gas forecasting Part 1 – Victorian EDD review, April 2012.
848 See tables E3 of the CSIRO's 2007 report and table 3 (Annual), p. 14 of the 2012 CSIRO report.
860 Envestra, Revised proposal, Attachment 13.6: Demand forecasts, 9 November 2012, p.1 and p.3.
861 Envestra, AER information request - FD3b to Envestra - Final Draft Response for Review, 17 January 2013.
862 See Attachment 4 of this final decision.
863 NGR, r. 74(2).
864 AER, Access arrangement draft decision Envestra Ltd, 2013–17, Part 2 Attachments, September 2012, pp.244–255.
865 Envestra, Response to the AER's information request FD7a of 10 December 2012, 17 December 2012.
866 AER, Access arrangement draft decision Envestra Ltd, 2013–17, Part 2 Attachments, September 2012, pp.246–248.
867 This issue is discussed in details in the AER draft decision: AER, Access arrangement draft decision Envestra Ltd, 2013–17, Part 2 Attachments, September 2012, pp.244–255.
868 Envestra, Access arrangement for Envestra's Victorian gas distribution system 2013–2017, November 2012, pp.31–33 and Access arrangement for Envestra's Albury gas distribution system 2013–2017, November 2012, p.31.
869 Envestra, Access arrangement for Envestra's Victorian gas distribution system 2013–2017, November 2012, pp.31–33 and Access arrangement for Envestra's Albury gas distribution system 2013–2017, November 2012, p.31.
870 AER, Access arrangement draft decision Envestra Ltd, 2013–17, Part 2 Attachments, September 2012, pp.244–255.
871 Envestra, Response to draft decision, Attachment 15.2, section 1, 9 November 2012.
872 Envestra, Response to draft decision, Attachment 15.2, section 1, 9 November 2012.
873 Envestra, Response to draft decision, Attachment 15.2, section 1, 9 November 2012.
874 Envestra, Response to draft decision, Attachment 15.2, section 1, 9 November 2012.
875 Envestra, Response to draft decision, Attachment 15.2, section 5, 9 November 2012.
876 AER, Access arrangement draft decision Envestra Ltd 2013 –17, Part 2 Attachments, September 2012, pp.259–261.
877 Origin Energy Victoria Pty Ltd, Submission to the Victorian gas access arrangement review, 7 January 2013; AGL Energy Limited, Submission to Review of the Victorian gas access arrangment, 7 January 2013.
878 SP AusNet, Revised access arrangement proposal, RAAP Chapter 8, Tariffs and Tariff Variation Mechanism, 9 November 2012, p. 25; Multinet, Response to AER information request to Multinet FD12b – Follow up of 18 December 2012, 28 December 2012.
879 NGR, rules 92(2) and 97(3).
880 AER , Access arrangement draft decision Envestra Ltd 2013 –17, Part 2 Attachments, September 2012, p.261.
881 Envestra, Response to draft decision, Attachment 15.2, section 1, 9 November 2012.
882 Envestra Victoria, Revised access arrangement, Annexure B, 9 November 2012 and Envestra Albury, Revised access arrangement, Annexure B, 9 November 2012.
883 The AER has accepted Envestra's revised demand forecasts in this final decision.
884 AER , Access arrangement draft decision Envestra Ltd 2013 –17, Part 2 Attachments, September 2012, p.261.
885 AER , Access arrangement draft decision Envestra Ltd 2013 –17, Part 2 Attachments, September 2012, pp.261–266.
886 Envestra, Response to draft decision, Attachment 15.2, section 1, 9 November 2012.
887 Envestra, Response to draft decision, Attachment 15.2, section 1, 9 November 2012.
888 Origin Energy Victoria Pty Ltd, Submission to the Victorian gas access arrangement review, 7 January 2013, p.2.
889 Origin Energy Victoria Pty Ltd, Submission to the Victorian gas access arrangement review, 7 January 2013, p.2.
890 AER , Access arrangement draft decision Envestra Ltd 2013 –17, Part 2 Attachments, September 2012, pp.262–264
891 Envestra Victoria, Revised access arrangement, Annexure B, 9 November 2012 and Envestra Albury, Revised access arrangement, Annexure B, 9 November 2012.
892 Envestra Victoria, Revised access arrangement, Annexure B, 9 November 2012, p.39 and Envestra Albury, Revised access arrangement, 9 November 2012, p.9.
893 AER , Access arrangement draft decision Envestra Ltd 2013 –17, Part 2 Attachments, September 2012, p.265.
894 AER , Access arrangement draft decision Envestra Ltd 2013 –17, Part 2 Attachments, September 2012, p.265.
895 Envestra, Response to draft decision, Attachment 15.2, section 1, 9 November 2012.
896 AER’s email to Envestra in response to Envestra’s email to the AER of 31 August 2012 – Envestra tariffs from 1 January 2013 - carbon cost recovery, sent on 25 September 2012.
897 AER, Information request to Envestra FD7a, 10 December 2012.
898 Envestra, Response to AER information request to Envestra FD7a of 10 December 2012, 17 December 2012.
899 NGR, r. 97(3)(d).
900 Envestra, Revised access arrangement proposal, Attachment 6.7, 9 November 2013, p. 21.
901 Envestra, Access arrangement information, 30 March 2012, p.230.
902 AER, Decision on Envestra - Pass through application - change in taxes event - 2012. This document can be accessed via the link: http://www.aer.gov.au/node/15351
903 AER , Access arrangement draft decision Envestra Ltd 2013 –17, Part 2 Attachments, September 2012, pp.266–267.
904 AER, Decision on Envestra - Pass through application - change in taxes event - 2012. This document can be accessed via the link: http://www.aer.gov.au/node/15351
905 SP AusNet, Revised access arrangement proposal, RAAP Chapter 8, Tariffs and Tariff Variation Mechanism, 9 November 2012, p. 25; Multinet, Response to AER information request to Multinet FD12b – Follow up of 18 December 2012, 28 December 2012.
906 Department of Climate Change and energy Efficiency, Price floor for Australia's carbon pricing mechanism,
http://www.climatechange.gov.au/government/submissions/closed-consultations/price-floor-carbon-pricing.aspx (accessed on 26 February 2013).
907 AER, Email to Envestra: Carbon tax tariff true up, 19 February 2013.
908 AGL Energy Limited, Submission to Review of the Victorian gas access arrangement, Attachment B, 7 January 2013.
909 AER, Information request 12 to Envestra, 15 June 2012.
910 Envestra, Response to the AER information request 12 to Envestra of 15 June 2012, 20 June 2012.
911 AER , Access arrangement draft decision Envestra Ltd 2013 –17, Part 2 Attachments, September 2012, p.174.
912 NGL s. 2.
913 NGR r. 48(1)(c).
914 NGR r. 93(2)
915 National Energy Retail Law (South Australia) Act 2011, s. 166.
916 National Energy Retail Law (South Australia) Act 2011, s. 167.
917 AER, Aurora 2012–17 draft distribution determination, November 2011, p. 289.
AER, Retailer of Last Resort (RoLR) guidelines, RoLR statement of approach, July 2011, pp. 46–47.
918 Envestra, email dated 5 March 2013.
919 SP AusNet, email dated 4 March 2013; Multinet, email dated 5 March 2013.
920 NGR, r. 97(3)(e)
921 Envestra, response to information request Fd17a, 27 February 2013.
922 Envestra, email dated 5 March 2013, p.3.
923 Envestra Ltd Access arrangement proposal for the SA gas network 2011–16, p.133.
924 Envestra Ltd Access arrangement proposal for the Quensland gas network 2011–16, p.118.
925 AER, Access arrangement draft decision, Envestra, 2013–17, Part 2, September 2012, p. 287.
926 AER , Access arrangement draft decision Envestra Ltd 2013 –17, Part 2 Attachments, September 2012, p.173.
927 Envestra, Response to draft decision, Attachment 6.7, 9 November 2012, p. 25.
930 Origin, Submission to Envestra's revised access arrangement proposal, 7 January 2013, p. 1.
931 This is the sum of the volume multiplied by pre-approved unit rate for suburbs/postcodes where the AER has approved a unit rate plus the volume multiplied by the actual unit rate for suburbs/postcodes where the AER has not approved a unit rate (subject to the AER assessing that the unit rate actually incurred was prudent and efficient).
932 Where volumes have been undertaken in suburbs/postcodes where the AER has not pre-approved a unit rate, the AER will apply a residual unit rate to these volumes. The residual unit rate will be calculated as the total approved expenditure for historical volumes less the expenditure incurred for mains replacement actually undertaken in the suburbs/postcodes included in the AER’s approved historical expenditure, divided by, the total approved historical volume less the volume undertaken in the suburbs/postcodes included in the AER’s approved historical expenditure.
933 Multinet, Revised proposal and response to draft decision, 9 November 2012, Appendix 13.1, p. 10; SP AusNet, Revised access arrangement proposal, RAAP Chapter 8, Tariffs and Tariff Variation Mechanism, 9 November 2012, p. 7.
934 SP AusNet, Revised access arrangement proposal, RAAP Chapter 8, Tariffs and Tariff Variation Mechanism, 9 November 2012, p. 7.
935 Multinet, Revised proposal and response to draft decision, 9 November 2012, Appendix 13.1, p. 10.