Welcome to TasNetworks' 2024-2029 revenue reset
As a provider of electricity transmission and distribution network services in Tasmania, we are required to submit a regulatory proposal to the Australian Energy Regulator (AER) every five years, detailing our proposed plans for planning, building, operating and maintaining Tasmania's electricity network and customer network charges. At the end of this process the AER releases a final determination outlining how much revenue we can recover in the new regulatory period, which starts on 1 July 2024 and runs until to 30 June 2029.
This highly regulated process exists to protect electricity customers by placing performance standards on network service providers (NSPs) like TasNetworks, and capping revenue they can earn based on expected cost forecasts developed for each regulatory period.
The development of each regulatory proposal requires a huge amount of work from multiple teams within TasNetworks, usually spanning several years. This work includes financial forecasting, asset planning, price and tariff modelling, reviews of existing services and policies, all underpinned by a comprehensive customer and stakeholder engagement program.
Ways you can get involved
Whether you're a TasNetworks' customer, a member of one of our advisory groups, an interested member of the community, or a representative of an industry body, we're keen to understand your thoughts and perspectives, and where possible, use your insights to help shape our proposal.
We encourage you to bookmark this site, as we'll be regularly sharing information about our proposal and associated activities. Whether it be an online survey, discussion paper, FAQs, or event notices - all these items will be posted here. For those of you who are keen to get more involved, you can register here, which will allow you to receive updates, as well as submit questions and participate in any online forums or polls we host.
In the meantime, please feel free to contact us via email (R24@tasnetworks.com.au) should you have any questions, and a member of our team will get back to you.
- TasNetworks R24 Engagement Team