Canstar Blue's website terms and conditions apply. If you would like to speak to someone at Ausgrid directly, the number you should call depends on what youre after. As these factors are route-specific, any potential solution would be proposed as part of the route investigation and early works stage. Reliability and performance licence conditions, Transmission reliability and performance standard. A six week period of public feedback followed the PADR publication, which closed on 9 September 2022. Well-targeted and timely investment in the transmission network is therefore required to keep pace with these changes and provide consumers with the most cost-effective energy outcomes while maintaining reliability and security. [10], Brett Redman Chief Executive Officer[12], Craig Stallan - Executive Manager Works Delivery, Kasia Kulbacka - Executive Manager Network Planning & Operations, Chris Pemberton Executive Manager Corporate Services, Richard Lowe - Chief Executive Officer - Lumea, Brian Salter - Executive Manager Legal Governance & Risk, Eva Hanly Executive Manager of Strategy, Innovation & Technology, Jeff Forrest Chief Financial Officer (Acting). AusNet Services has been contracted by AEMO to delivery WRL and has been notified of our current VNI West investigation. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Our approach centres on transparency, accessibility, inclusiveness and communication. We have rigorously tested TransGrid's forecast costs to check . We focus on making services affordable, prioritising safety, and delivering for our customers. Manage shared electricity infrastructure, Report hazard or loss of supply 13 13 88, Electricity supply interruptions 13 20 80, Access Alinta Energy Rewards Shop discounts and benefits, 50% off Mobile when combined with AGL energy. We are committed to working with Traditional Owners, stakeholders, communities, and landholders to build our understanding of the local context and listen to interests and concerns as we develop and refine transmission line route options and Victorian terminal station locations. On 29 July 2022, Transgrid and AVP published the Project Assessment Draft Report (PADR), which examines the technical and economic factors leading to identification of a proposed preferred option for VNI West. Our database may not cover all deals in your area. Discover opportunities for apprentices, graduates and professionals. endobj 5 0 obj Route selection will be finalised after the regulatory test for this project is completed, and in close consultation with stakeholders and communities. Pollution Incident Response Management Plans, 134 (W) x 164 (Height with standard terminal cover) x 59 (D), 166 (W) x 210 (Height with standard terminal cover) x 74 (D), PRI-Sprint Whole Current PRW Electronic Meter. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. Promoting diversity and inclusion is a key component of our sponsorship program. The hearings for this appeal will be in October and the judgment could just possibly be delivered prior to the sale being concluded. <> AVP and Transgrid have already commenced engagement with a number of Traditional Owner groups and other key regional stakeholders, including councils and community groups through the RIT-T process to build understanding of unique, local issues. In response, AVP and Transgrid are investigating alternative locations in the Waubra/Lexton or Bulgana areas for connection of VNI West, which would still run via a terminal station in the area of Kerang. This means that Ausgrid is the distribution network for households and businesses in Cronulla, Newcastle, the Hunter region, Nelson Bay and parts of Sydney. Ausgrid owns most meters connected to our network. We calculate as follows: By comparison, the four listed comparable investments, AUS, DUE, SKI trade as follows: You can see that the sharemarket tends to value these assets, once they have been optimised, and including some extra non regulated revenue at about 8.5X ebitda and at about 1.4X regulated asset base [RAB]. The safety and welfare of our people, delivery partners, and the broader community is our highest priority. Although VNI West will not be delivered under the VTIF, VicGrid has indicated that the principles detailed within the framework should be incorporated into the various phases of the project where possible. The Review of limited merits appealconcluded: The Panel therefore recommends that a new, wholly administrative, review body, provisionally labelled the Australian Energy Appeals Authority (AEAA), take over all, or the great bulk of, energy sector review work currently undertaken by the ACT, and in particular that the AEAA take over review of NSP revenue/price determinations. (See p5 of document). To us the AER is saying the Tribunal complained about using econometric data just because it was econometric data, and the Tribunal wants the AER to use bottom up Ausgrid costs but is not entitled to so order and in any event didnt provide enough guidance to enable that to be done. Our network extends throughout NSW and the ACT, with connections to Queensland and Victoria. It will harness clean, low-cost electricity from existing and future renewable energy zones (REZs) in New South Wales and Victoria (Murray River REZ and Western Victoria REZ), significantly boosting the ability to share energy between states and increase access to Snowy 2.0s deep energy storage. Minister's variation - Signed by the Minister on 5 February 2019. If you lose power, the first thing you should do is use your mobile to look at the Ausgrid website and check whether they are already aware of the issue. It is important to note that Ausgrid does not generate electricity for you to use, nor is it involved in customer billing. A transmission line transmits electricity across vast distances. Transmission projects have long lead-times that require extensive community engagement, planning and construction activities. Before entering the distribution network managed by Ausgrid, Endeavour Energy and Essential Energy, the voltage must be reduced from 132 kV, 220 kV, 330 kV or 500 kV to lower voltages. New smart meters are supplied and installed by your retailers appointed provider, any questions surrounding your smart meter should be directed to your retailer. The key difference between a switching station and substation is that a power transformer is not installed at the switching station. The difference per year between what Ausgrid wanted going forward (green line) and what the . endobj As always, check all details of any plan directly with the retailer before making a purchase decision. The PSCR seeks feedback and advice on the identified need for new transmission infrastructure. endobj Once this is complete, youll need to lodge a request for a connection and define the electrical requirements of your property. Our work to assess other potential locations is the result of this consultation process, and engagement with key local community representatives in the regions that may ultimately host the VNI West transmission lines. Should WRL not receive the required environmental and planning approvals, the impact on VNI West would need to be considered at that point in time. 14 0 obj We have worked to build connections with stakeholders, including councils, to ensure that we are communicating information regularly and sharing important details as early as possible. We invest in building sustainable working relationships with all our procurement partners. In this event, the most recent standard shall prevail. Any decision to include undergrounding would require consideration of all technical, environmental, social and cultural constraints, together with stakeholder and community feedback. Learn moreabout this change. Any concerns with your energy bill should be addressed to your electricity retailer, not Ausgrid. If you experience a blackout or power outage, Ausgrid should be your first port of call. Strengthening the grid to deliver affordable, reliable and clean energy to customers. Residents on the Ausgrid energy network should generally be able to choose their own electricity provider. While the assessment involves evaluating the technical and economic feasibility of a new transmission line, environmental, social and cultural matters may also be considered to the extent that they are relevant to this analysis. Transgrid . Promoting diversity and inclusion is a key component of our sponsorship program. You will also need to make an application to Ausgrid if you wish to install a solar PV system at your property. Western Renewables Link is a critical network upgrade to provide additional capacity to the Western Victoria REZ. 7 0 obj u jP^DDbS'I=4V8w=y.rAH|g\BV|}riCQM=lB]i9[ooT,#m>9zU]-ui.ndfE{zGXp(E66F)-i5[|]~}KnE^Vc"+T^!wUSs~U~^@~a,X4:!Z/GX5RkW 93{*J^K#J,4`4#d'dmF^p&wzOk3giZe:! The value of Ausgrid will swing by billions of dollars depending on the outcome of the AERs appeal to the Federal Court against a very legalistic ACT ruling over 2014-2019 regulated revenues. Trevor Armstrong (COO), New England County Council (New England Electricity), North West County Council (North West Electricity), Northern Riverina County Council (Northern Riverina Electricity), Northern Rivers County Council (Northern Rivers Electricity), Peel-Cunningham County Council (PCCC Electricity), Shortland County Council (Shortland Electricity), Southern Mitchell County Council (Southern Mitchell Electricity), Southern Riverina County Council (Southern Riverina Electricity), Southern Tablelands County Council (Southern Tablelands Electricity), This page was last edited on 20 September 2022, at 13:11. Ausgrid is the onlyelectricity distributorin this area and has sole responsibility for the maintenance of this network zone. In Victoria, the PADR proposed a connection to the Western Renewables Link (WRL) at a new terminal station north of Ballarat. Feedback was received during the PADR Submission process suggesting alternative connection points for the Victorian end of VNI West. Licence granted to the Endeavour Energy Network Operator Partnership, Licence - to be read in conjunction with below variation. These are products from a referral partner. A December 2022 project update provides a summary regarding the PADR submission and assessment of feedback. Get up to 3 free, no obligation quotes from highly-qualified installers. We provide a summary of certain obligations of network operators below, to assist stakeholders. With multiple tariffs on the Ausgrid network, there is an exhaustive list of pricing information. Our database may not cover all deals in your area. This work is part of the RIT-T framework for VNI West. endstream Ausgrid was wholly owned by the Government of New South Wales from 2011 to 2016. AER appeal to the Federal court is the shadow hanging over Ausgrid. A lot of work is currently underway to understand the specific land use and community issues for each of the potential connection points to inform that decision. We are currently consulting with communities that may be potentially impacted by the alternative connection location of VNI West into WRL so we can be confident we understand all the local factors before making any decision. Transgrid participates in the Australian Energy Regulator's (AER) revenue proposal process, where submissions of the transmission network service providers (TNSP), the AER and other interested parties are used to set the maximum allowable revenue (MAR) for the TNSPs for a five-year period. We are responsible for reading your meter and sending the data to your electricity retailer. In December 2019, Transgrid and AVP published the Project Specification Consultation Report (PSCR) for VNI West. There is a lot at stake as evidenced by the legal bill. All rights reserved. The matters that can and cannot be considered are set out in RIT-T application guidelines developed by the Australian Energy Regulator (AER). While undergrounding the entirety of VNI West is not viewed as a realistic option given the cost and timeframe implications, short sections of undergrounding might be considered in exceptional circumstances as part of the ultimate route design. Due to these timeframes, and the long lead times of transmission projects, AEMO Victorian Planning (AVP) and Transgrid (the network planner in New South Wales) are progressing a joint RIT-T for VNI West, and endeavouring to complete this process in early 2023. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Accumulation meters can be electronic or electro-mechanical. A new 500kV transmission line will carry electricity to customers from new generation sources. The route selection study process will involve taking the broad project area of interest established through the RIT-T process, and narrowing this down and refining based on more detailed consideration of technical, environmental, social and cultural constraints, as well as Traditional Owner, community and stakeholder landholder feedback. Transgrid and AVP received 26 submissions during the PADR submission period (29 July 9 September 2022). He is principal at ITK, specialising in analysis of electricity, gas and decarbonisation drawn from 33 years experience in stockbroking research & analysis for UBS, JPMorgan and predecessor firms. If you are happy with the returned contract and cost quote for you connection, you can then organise for an electrical professional to do the necessary work to get you hooked up to the grid. Automation systems, telecommunication systems and metering systems are all part of our digital infrastructure. Concerned? A more technical question on the gamma allowance. In 2016, the New South Wales Government offered the effective sale of a 50.4% stake in Ausgrid, through a 99-year lease. Further formal consultation is proposed early 2023 before finalising the Project Assessment Conclusions Report. Each meter records and displays the information differently. So right there we can see $2 bn going away. Powering Sydney's Future secures the electricity supply for Sydneys CBD and surrounding suburbs. The development of VNI West will open up opportunities for renewable generation investment and diversity in REZs across Victoria and New South Wales by providing spare transmission capacity to allow this generation to get to market. Try selling that to politicians or Joe Public. The PADR submission phase is designed to receive feedback from stakeholders, including community, on the proposed preferred option. Projects such as VNI West represent once-in-a-generation opportunities to shape the NSW and Victorian transmission network in a way that delivers the best possible value to electricity customers over the long term. Thats why in this article, we are going to explain what Ausgrid does and when you may need to contact the company. In 2015, the Government announced that Ausgrid, Endeavour Energy, and Transgrid would be fully or partially leased to private operators: - Transgrid was fully leased to private operators in December 2015 We operate and manage the high voltage electricity transmission network in NSW and the ACT. <> Transgrid operates the major high voltage electricity transmission network in NSW and the ACT, and is part of the National Electricity Market (NEM). Social and environmental issues are key considerations for a range of community and stakeholders in the assessment of any major infrastructure project, including major transmission projects. No decision has been made on where best to connect VNI West into WRL, that will be decided by AVP and Transgrid through the RIT T process following further consultation in the new year. Our engagement program to date and at this time, is to build confidence that the decision where best to connect VNI West into WRL has taken into account key technical, economic, social and environmental considerations to the extent possible at this RIT-T stage. Great story. The views expressed are his own. Fact Checked youtube This preferred option establishes the broad area of interest for the project, including locations for connecting the project into the existing network. for rating of Ausgrid's underground cables and some detail on why this information is required, the information Ausgrid will supply as part of rating Ausgrid assets and a checklist to ensure all aspects of rating an underground are considered. 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