Source: AER analysis. (a.) Is the amount of the estimated Electrical Safety Inspection Service charge for 2016–17 provided for in the AER's final decision on TasNetworks' operating expenditure for the 2012–17 regulatory control period adjusted to real 2016–17 terms. any under or over recovery of the National Energy Market charge, calculated used the following method: where: is the actual National Energy Market charge for year t–1 is the estimated National Energy Market charge for year t–1 as set out in table 14.2 is the approved nominal weighted average cost of capital (WACC ) for the relevant regulatory year as calculated above. Table 14. AER draft decision on estimated National Energy Market charge ($million, 2016–17) 2016-17 2017-18 2018-19 NEMCe 0.428a 0.415 0.415 Source: AER analysis. (a.) Is the amount of the estimated National Energy Market charge for 2016–17 provided for in the AER's final decision on TasNetworks' operating expenditure for the 2012–17 regulatory control period adjusted to real 2016–17 terms. is the sum of approved cost pass through amounts (positive or negative) with respect to regulatory year t, as determined by the AER. is the annual percentage change in the ABS CPI All Groups, Weighted Average of Eight Capital Cities from the December quarter in year t–2 to the December quarter in year t–1, calculated using the following method: The ABS CPI All Groups, Weighted Average of Eight Capital Cities for the December quarter in regulatory year t–1 divided by The ABS CPI All Groups, Weighted Average of Eight Capital Cities for the December quarter in regulatory year t–2 minus one. For example, for the 2017–18 regulatory year, t–2 is December quarter 2015 and t–1 is December quarter 2016 and for the 2018–19 regulatory year, t–2 is December quarter 2016 and t–1 is December quarter 2017 and so on.
Source: AER analysis. (a.) Is the amount of the estimated Electrical Safety Inspection Service charge for 2016–17 provided for in the AER's final decision on TasNetworks' operating expenditure for the 2012–17 regulatory control period adjusted to real 2016–17 terms. any under or over recovery of the National Energy Market charge, calculated used the following method: where: is the actual National Energy Market charge for year t–1 is the estimated National Energy Market charge for year t–1 as set out in table 14.2 is the approved nominal weighted average cost of capital (WACC ) for the relevant regulatory year as calculated above. Table 14. AER draft decision on estimated National Energy Market charge ($million, 2016–17) 2016-17 2017-18 2018-19 NEMCe 0.428a 0.415 0.415 Source: AER analysis. (a.) Is the amount of the estimated National Energy Market charge for 2016–17 provided for in the AER's final decision on TasNetworks' operating expenditure for the 2012–17 regulatory control period adjusted to real 2016–17 terms. is the sum of approved cost pass through amounts (positive or negative) with respect to regulatory year t, as determined by the AER. is the annual percentage change in the ABS CPI All Groups, Weighted Average of Eight Capital Cities from the December quarter in year t–2 to the December quarter in year t–1, calculated using the following method: The ABS CPI All Groups, Weighted Average of Eight Capital Cities for the December quarter in regulatory year t–1 divided by The ABS CPI All Groups, Weighted Average of Eight Capital Cities for the December quarter in regulatory year t–2 minus one. For example, for the 2017–18 regulatory year, t–2 is December quarter 2015 and t–1 is December quarter 2016 and for the 2018–19 regulatory year, t–2 is December quarter 2016 and t–1 is December quarter 2017 and so on.