2017 Pricing Proposal
CitiPower submitted its 2017 Pricing Proposal to the Australian Energy Regulator (AER) on 29 September 2016.
This document outlines our proposed network tariffs to be charged during 2017, in accordance with the National Electricity Rules. Network tariffs recover costs related to electricity distribution in addition to transmission and solar PV feed-in-tariff costs.
In our Pricing Proposal, we have proposed prices and quantity estimates for 2017 to recover our total annual revenue allowance for 2017.
CitiPower’s pricing proposal also sets out its proposed metering tariffs which cover the cost of the meter and meter data services. We pass network and metering charges on to electricity retailers, who pass them on to customers via electricity bills.
Changes to the network tariffs for 2017 include:
- the introduction of the opt-in residential and small cost-reflective demand tariffs; and
- the introduction of a medium business tariff; and
- reassigning small business customers with annual consumption greater than 60 megawatt hours (MWh) and demand less than 120 kW to the new medium business tariff from 1 January 2017.
These changes reflect the changes to our tariffs presented in our approved Tariff Structure Statement (TSS).
You can download our 2017 Pricing Proposal using the link below:
On 7 November 2016, the AER approved our 2017 Pricing Proposal.
2017-2020 Tariff Structure Statement
CitiPower submitted its proposed 2017-2020 Tariff Structure Statement (TSS) and Overview Paper to the AER on 25 September 2015. The AER approved our TSS on 24 August 2016.
Our TSS explains the introduction of cost reflective tariffs which will ensure our customers are charged in a fair way, reduce the need for us to build more infrastructure and lower electricity costs for our customers over the long term.
From 1 January 2017 we will introduce a maximum demand charge into our existing tariff structure. By reducing maximum demand we can minimise the need to build additional infrastructure that would only be used on a few very hot days each year.
The maximum demand period for residential customers will be from 3pm-9pm Monday to Friday excluding public holidays and 10am-6pm for small to medium businesses – this means that how much residential to small to medium business customers pay for the electricity distribution network will increasingly depend on how and when they use the network.
Residential and small business customers will have the option to opt-in to this tariff.
You can download our TSS and Overview Paper using the links below: