AER: Approach for Jemena Gas Networks distribution tariffs from 1 July 2017
The Australian Energy Regulator has approved the 2017–18 tariff variation notice proposed by Jemena Gas Networks’ (JGN) gas distribution network in New South Wales.
The proposal will result in an average real price reduction of 7 per cent across JGN’s reference tariffs.
The AER’s assessment included ensuring that JGN’s tariff variation notice complied with the terms of an enforceable undertaking between JGN and the AER, which was agreed on 31 May 2017.
Approved distribution network reference tariffs take effect from 1 July 2017.