AER: Australian Competition Tribunal confirms AER approach to setting Victorian electricity and ACT gas network prices

“The Australian Competition Tribunal has confirmed the Australian Energy Regulator’s (AER) May 2016 revenue decisions for the five Victorian electricity distribution networks and ACT gas distribution pipelines, rejecting all grounds of review sought by the businesses.

The Tribunal’s decisions mean that AER determinations that reduced the revenue that AusNet Services, CitiPower, Jemena, Powercor and United Energy in Victoria and ActewAGL gas in the ACT can recover from consumers will stand…”

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