Federal Court judgement on AER electricity and gas price decisions

On 24 May 2017 the Federal Court upheld the AER’s appeal in relation to the Tribunal’s decision on the cost of corporate income tax but upheld the Australian Competition Tribunal’s findings in relation to the networks’ operating expenses and the cost of debt.

The original AER determinations of the revenue that Ausgrid, Endeavour Energy, Essential Energy, ActewAGL and Jemena Gas Networks (NSW) could collect from customers to operate their networks were made in 2015 and were the subject of appeal to the Australian Competition Tribunal and the Full Federal Court.

The AER described the Full Federal Court of Australia decision as disappointing for NSW and ACT electricity and gas customers.

https://www.aer.gov.au/news-release/federal-court-judgement-on-aer-electricity-and-gas-price-decisions-disappointing-outcome-for-nsw-and-act-consumers

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