AER: draft amended Service Target Performance Incentive Scheme (STPIS) (Submissions by 9 February 2018)
“The AER is responsible for designing the service target performance incentive scheme. The primary purpose of the scheme is to encourage distributors to maintain existing levels of reliability and make improvements where customers are willing to pay for that work.
We are also responsible for developing, publishing and maintaining a guideline for a common set of definitions for distribution reliability measures in the National Electricity Market. The use of these common definitions increases transparency and consistency of distribution reliability measurements to improve stakeholder confidence.”
Submissions on the draft are due by 9 February 2017