Network Tariff Pricing Principles and Methods


The Code assigns responsibility for determining the pricing structure that best gives effect to the pricing objectives of the Code to the network provider. Prior to the commencement of each regulatory control period, the network provider must provide the regulator with a draft statement setting out the details of principles and methods to be used for defining individual standard network access services to be supplied by the network provider and for establishing the reference tariffs to apply to those services. The regulator must approve the statement for use by the network provider unless, in the opinion of the regulator, the statement is not consistent with the principles and objectives set out in the Code.

Power and Water Corporation provided a draft Pricing Principles Statement to the Commission for approval as part of its Revised Regulatory Proposal for the 2014 Network Price Determination.

The Commission approved Power and Water Corporations Network Pricing Principles Statement and Pricing Proposal as part of its approval of the Network Access Tariffs for 2014-15.

PWC Network Pricing Principles Statement and Pricing Proposal

The Commission's oversight of excluded network access services is limited to determining what services are to be classified as 'excluded network access services' and what may constitute fair and reasonable terms for the provision of alternative control services if the network service provider and affected network user are unable to reach agreement. 

Information Circular - Excluded Network Access Services

Network Tariffs

 

As part of the NT Government’s Electricity Market Reform program, responsibility for network price regulation and oversight of network access in accordance with the Electricity Networks (Third Party Access) Act and Code has been transferred to the Australian Energy Regulator with effect from 1 July 2015.

Consideration and approval of network tariffs for the remainder of the 2014-2019 regulatory control period will be undertaken by the Australian Energy Regulator, in accordance with the Electricity Networks (Third Party Access) Act and Code and the 2014 Network Price Determination.

2015-16

In accordance with clause 78(3) of the Electricity Networks (Third Party Access) Code, the Commission approved the network access tariffs and charges for 2015-16, effective 1 July 2015. In the Commission’s opinion, the approved tariffs and charges comply with the above requirements and are consistent with the relevant principles laid down in the Code. The reference tariffs and charges approved for 2015-16 are the maximum that the Power and Water Corporation can charge for standard network access services provided with respect to its prescribed electricity networks.

2014-15

In accordance with clause 78(3) of the Electricity Networks (Third Party Access) Code, the Commission approved the network access tariffs and charges for 2014-15, effective 1 July 2014. In the Commission’s opinion, the approved tariffs and charges comply with the above requirements and are consistent with the relevant principles laid down in the Code. The reference tariffs and charges approved for 2014-15 are the maximum that the Power and Water Corporation can charge for standard network access services provided with respect to its prescribed electricity networks.

Approval Instrument – May 2014