Electricity Infrastructure Investment Regulation 2021
53Publication of revenue determinations and related information—the Act, s 38(10)(f)
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53 Publication of revenue determinations and related information—the Act, s 38(10)(f)
53 Publication of revenue determinations and related information—the Act, s 38(10)(f)
(1) The regulator must publish the following on its website—
(a) if a revenue determination is made or remade—
(i) for a non-contestable revenue determination—the revenue determination and,
(ii) for a contestable revenue determination or a revenue determination for a contestable augmentation—a notice that includes the following—
(A) a summary of the revenue determination that complies with subclause (3),
(B) the NER-equivalent capital cost of the network infrastructure project given to the regulator by the infrastructure planner under subclause (2), and
(iii) in any case—the reasons for making the revenue determination,
(b) if an adjustment is made to a revenue determination under clause 51 that did not require the revenue determination to be reviewed and remade—
(i) for a non-contestable revenue determination—an updated schedule of amounts required to be paid to or by the network operator, or
(ii) for a contestable revenue determination—an updated schedule of amounts required to be paid to or by the network operator, as referred to in subclause (3)(d).
(2) The infrastructure planner must, on request after being given a copy of a contestable revenue determination or a revenue determination for a contestable augmentation, give the regulator a written notice setting out an NER-equivalent capital cost of a network infrastructure project, calculated by the infrastructure planner that is—
(a) based on the prudent, efficient and reasonable capital cost for development and construction of the network infrastructure project calculated by the regulator under the Act, section 38(4), and
(b) given after consultation with the regulator.
(3) A summary of a contestable revenue determination or a revenue determination for a contestable augmentation must include the following information—
(a) a description of the legislative framework under which the determination is made or remade, including identification of the provisions of the Act and this regulation under which the determination is made or remade,