sec.73Transmission determination providing for charges for prescribed transmission services

sec.73 Transmission determination providing for charges for prescribed transmission services

This section applies if the Minister makes a declaration under section 71 allowing a transmission network service provider to recover all or a part of relevant costs through charges for prescribed transmission services provided by the service provider over a period. The transmission determination providing for charges for prescribed transmission services provided by the transmission network service provider for the period must be made in the way, and in accordance with the requirements, prescribed by regulation. The regulation may provide for matters about the transmission determination that enable the transmission network service provider to recover the amount through the charges over the period, including, for example— declaring all or a part of the relevant costs to be operating expenditure under the National Electricity Rules; and providing for an increase of the maximum allowed revenue the service provider may earn under the National Electricity Rules for providing the prescribed transmission services; and modifying requirements applying to the service provider’s pricing methodology under the National Electricity Rules; and declaring that matters stated in the regulation are taken to be part of either or both of the following— the service provider’s revenue proposal; the transmission determination; and providing for particular action to be taken by the AER in relation to the service provider’s revenue proposal or the transmission determination to ensure the transmission determination is made as required under this section. In this section— relevant costs means establishment and operational costs for the hub transmission network for a regional energy hub. s 73 amd 2025 No. 30 s 73 sch 1 (sec.73-ssec.1) This section applies if the Minister makes a declaration under section 71 allowing a transmission network service provider to recover all or a part of relevant costs through charges for prescribed transmission services provided by the service provider over a period. (sec.73-ssec.2) The transmission determination providing for charges for prescribed transmission services provided by the transmission network service provider for the period must be made in the way, and in accordance with the requirements, prescribed by regulation. (sec.73-ssec.3) The regulation may provide for matters about the transmission determination that enable the transmission network service provider to recover the amount through the charges over the period, including, for example— declaring all or a part of the relevant costs to be operating expenditure under the National Electricity Rules; and providing for an increase of the maximum allowed revenue the service provider may earn under the National Electricity Rules for providing the prescribed transmission services; and modifying requirements applying to the service provider’s pricing methodology under the National Electricity Rules; and declaring that matters stated in the regulation are taken to be part of either or both of the following— the service provider’s revenue proposal; the transmission determination; and providing for particular action to be taken by the AER in relation to the service provider’s revenue proposal or the transmission determination to ensure the transmission determination is made as required under this section. (sec.73-ssec.4) In this section— relevant costs means establishment and operational costs for the hub transmission network for a regional energy hub.