AER decision: smart meter spending

On 16 December the AER published its final decision on the advanced metering infrastructure transition charges requiring Victorian electricity distributors to return $75.8 million to customers, through a reduction in the metering portion of electricity bills. At the end of the six year smart meter roll-out period, the AER estimated that businesses had overspent on the program by $192 million. The final decision aims to ensure that consumers will not have paid more than necessary for the installation and operation of the smart meters.

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