SA Power Networks Regulatory Reset engagement program Northern Adelaide business customers: 12 December 2017
SAPN is a regulated monopoly 2 • Distribution network – a natural monopoly, therefore regulated • ‘Regulatory compact’ – a regulated return for services provided to an agreed standard • Regulation is built around the National Electricity The NEO: to… “promote efficient investment in, and Objective (NEO), and the idea of the long-term efficient operation and use of, electricity interests of customers services for the long-term interests of consumers of electricity with respect to • price, quality, safety, reliability, and Three key regulators oversee the compact: security of supply of electricity; and the – Office of the Technical Regulator (OTR) – safety reliability, safety and security of the national electricity system” and technical standards – Essential Services Commission of SA (ESCoSA) – reliability and service standards – Australian Energy Regulator (AER) – revenue and price regulation
Why does SAPN engage with customers? • Every 5 years we develop a business plan (Regulatory Proposal), which is submitted to the AER for approval • Currently developing Plan for 2020 – 2025: due to AER in January 2019 • We are currently running a state-wide engagement program to understand the views of our customers to inform 2020 – 2025 Plan • The AER will assess our Plan and make a determination on revenue SAPN is allowed to recover for period. 3
Customer Consultative Panel & Reference Groups 4
2020 – 2025 Business Plan Customer Engagement Program 5
How can you have your say? • Register on our Talking Power website: www.talkingpower.com.au • Mid 2018 – will release our Draft Plan and invite submissions • Ongoing tariff strategy engagement opportunities • Email talkingpower@sapowernetworks.com.au with specific thoughts or feedback 6
2020-25 Regulatory Proposal Customer Engagement Program 8 Commercial In Confidence - Do Not Distribute
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