The Wholesale Electricity Market Rules and the Gas Services Information Rules set out the requirement that the allowable revenue and forecast capital expenditure for service providers must consist only of costs that would be incurred by a prudent service provider, acting efficiently, and seeking to achieve the lowest practically sustainable cost of delivering the services in accordance with the Market Rules, while also effectively promoting the market objectives.
2016-2019 Allowable Revenue and Forecast Capital Expenditure - 2018 Adjustment Proposal
The ERA published an issues paper on the Australian Energy Market Operator's proposal to increase its forecast capital expenditure by $11.2 million for the current review period. Submissions closed 16 October 2018. Five submissions were received and are published below.
