Figure 1 Indicative reference tariff paths for Envestra Victoria's reference services from 2013 to 2017 ($/GJ, nominal) Source: AER analysis. Note: This chart shows an indicative tariff path, based on forecast revenues and forecast demand for Envestra’s network. Envestra’s actual tariffs will first be updated on 1 July 2013 to reflect the AER’s decision. For this reason, the indicative 2013 tariff above is an average of the higher 2012 tariffs, and lower 2013 tariffs (from 1 July 2013 to 31 December 2013) to reflect the AER’s decision. On 1 January 2014, the AER’s draft decision forecasts that actual tariffs will increase to reflect CPI. Figure 2 Indicative reference tariff paths for Envestra Albury's reference services from 2013 to 2017 ($/GJ, nominal) Source: AER analysis. Note: This chart shows an indicative tariff path, based on forecast revenues and forecast demand for Envestra’s network. Envestra’s actual tariffs will first be updated on 1 July 2013 to reflect the AER’s decision. For this reason, the indicative 2013 tariff above is an average of the higher 2012 tariffs, and lower 2013 tariffs (from 1 July 2013 to 31 December 2013) to reflect the AER’s decision. On 1 January 2014, the AER’s draft decision forecasts that actual tariffs will increase to reflect CPI. Impact on residential bills In Envestra's Victorian and Albury distribution networks, gas distribution reference services comprise approximately 31 per cent and 25 per cent of an average residential gas bill, respectively. The draft decision on Envestra Victoria will result in an approximate increase of $7 per annum to an average residential bill over the 2013–17 access arrangement period. This compares with an estimated increase of $57 per annum ($nominal) that would have resulted from Envestra Victoria's proposal. The draft decision on Envestra Albury will result in an approximate increase of $5 per annum to an average residential bill over the 2013–17 access arrangement period. This compares with an increase of $22 per annum ($nominal) that would have resulted from Envestra Albury's proposal.
Figure 1 Indicative reference tariff paths for Envestra Victoria's reference services from 2013 to 2017 ($/GJ, nominal) Source: AER analysis. Note: This chart shows an indicative tariff path, based on forecast revenues and forecast demand for Envestra’s network. Envestra’s actual tariffs will first be updated on 1 July 2013 to reflect the AER’s decision. For this reason, the indicative 2013 tariff above is an average of the higher 2012 tariffs, and lower 2013 tariffs (from 1 July 2013 to 31 December 2013) to reflect the AER’s decision. On 1 January 2014, the AER’s draft decision forecasts that actual tariffs will increase to reflect CPI. Figure 2 Indicative reference tariff paths for Envestra Albury's reference services from 2013 to 2017 ($/GJ, nominal) Source: AER analysis. Note: This chart shows an indicative tariff path, based on forecast revenues and forecast demand for Envestra’s network. Envestra’s actual tariffs will first be updated on 1 July 2013 to reflect the AER’s decision. For this reason, the indicative 2013 tariff above is an average of the higher 2012 tariffs, and lower 2013 tariffs (from 1 July 2013 to 31 December 2013) to reflect the AER’s decision. On 1 January 2014, the AER’s draft decision forecasts that actual tariffs will increase to reflect CPI. Impact on residential bills In Envestra's Victorian and Albury distribution networks, gas distribution reference services comprise approximately 31 per cent and 25 per cent of an average residential gas bill, respectively. The draft decision on Envestra Victoria will result in an approximate increase of $7 per annum to an average residential bill over the 2013–17 access arrangement period. This compares with an estimated increase of $57 per annum ($nominal) that would have resulted from Envestra Victoria's proposal. The draft decision on Envestra Albury will result in an approximate increase of $5 per annum to an average residential bill over the 2013–17 access arrangement period. This compares with an increase of $22 per annum ($nominal) that would have resulted from Envestra Albury's proposal.
Envestra%20draft%20decision%20-%20Part%201.docx