AER: Draft amendments to the RIT application guidelines released for consultation (submissions by 25 August 2017)
The AER has released for consultation draft amendments to the AER’s regulatory investment test for transmission (RIT-T) and regulatory investment test for distribution (RIT-D) application guidelines. This is in response to the Australian Energy Market Commission’s (AEMC) final rule determination (link is external) on the AER’s rule change proposal regarding the replacement expenditure planning arrangements rule change (“repex rule change”). The transitional arrangements require the AER to amend and publish RIT documentation to take into account the amending rule by no later than 18 September 2017.
Interested parties are invited to make written submissions on the draft amendments to the guidelines by close of business, 25 August 2017. Late submissions may not be taken into account.