If that index ceases to be published or is substantially changed, CPI will be such other index as is determined by the Commission as a suitable benchmark for recording general movements in prices. cost pass though The mechanism for reviewing and adjusting this Network Price Determination to pass through to network users an amount incurred or saved during the 2014 19 regulatory control period as a consequence of – the occurrence of a pass through event. credit support A security supporting the obligations of a retailer to PWC Networks. electricity network Has the meaning given in the Network Access Code (this term is equivalent to the term 'distribution system ' used in the NER). eligible pass through In respect of a positive change event, the increase in costs in the provision amount of regulated network access services that, as a result of that positive change event, PWC Networks has incurred and is likely to incur (as opposed to the revenue impact of that event) until: (a) unless subparagraph (b) applies the end of 2014 19 regulatory – – control period; or (b) if Post 2019 Network Price Determination does not make any allowance for the recovery of that increase in costs (whether or not in the forecast operating expenditure or forecast capital expenditure accepted or substituted by the Commission for the Post 2019 regulatory control period) the end of the Post 2019 regulatory – control period. excluded network The network access services specified in Schedule 3 of this Network Price access services Determination which are services supplied by PWC Networks for which the associated costs and revenue are excluded from this Network Price Determination. Has the meaning in the Network Access Code. extension Framework Statement The '2014-2019 Network Price Determination Framework and Approach' – decision paper published by the Commission in November 2012. generally accepted The conventions, rules and procedures in use at a particular time by regulatory practice leading jurisdictional regulators in Australia when choosing and applying economic regulation methodologies to a power system for the generation, transmission, distribution and supply of electricity and consistent with applicable laws. generator user Has the meaning in the Network Access Code. GSL or guaranteed The minimum guaranteed service level which retail customers are entitled service level to receive from PWC Networks, as defined in the GSL Code.
If that index ceases to be published or is substantially changed, CPI will be such other index as is determined by the Commission as a suitable benchmark for recording general movements in prices. cost pass though The mechanism for reviewing and adjusting this Network Price Determination to pass through to network users an amount incurred or saved during the 2014 – 19 regulatory control period as a consequence of the occurrence of a pass through event. credit support A security supporting the obligations of a retailer to PWC Networks. electricity network Has the meaning given in the Network Access Code (this term is equivalent to the term 'distribution system ' used in the NER). eligible pass through amount In respect of a positive change event, the increase in costs in the provision of regulated network access services that, as a result of that positive change event, PWC Networks has incurred and is likely to incur (as opposed to the revenue impact of that event) until: (a) unless subparagraph (b) applies – the end of 2014 – 19 regulatory control period; or (b) if Post 2019 Network Price Determination does not make any allowance for the recovery of that increase in costs (whether or not in the forecast operating expenditure or forecast capital expenditure accepted or substituted by the Commission for the Post 2019 regulatory control period) – the end of the Post 2019 regulatory control period. excluded network access services The network access services specified in Schedule 3 of this Network Price Determination which are services supplied by PWC Networks for which the associated costs and revenue are excluded from this Network Price Determination. extension Has the meaning in the Network Access Code. Framework Statement The '2014-2019 Network Price Determination – Framework and Approach' decision paper published by the Commission in November 2012. generally accepted regulatory practice The conventions, rules and procedures in use at a particular time by leading jurisdictional regulators in Australia when choosing and applying economic regulation methodologies to a power system for the generation, transmission, distribution and supply of electricity and consistent with applicable laws. generator user Has the meaning in the Network Access Code. GSL or guaranteed service level The minimum guaranteed service level which retail customers are entitled to receive from PWC Networks, as defined in the GSL Code.
US-FD-NPD14-B.docx