the most recent annual benchmarking report that has been published under clause 6.27 and the benchmark operating expenditure that would be incurred by an efficient distribution network service provider over the relevant regulatory control period the actual and expected operating expenditure of the distribution network service provider during any preceding regulatory control periods the extent to which the operating expenditure forecast includes expenditure to address the concerns of electricity consumers as identified by the distribution network service provider in the course of its engagement with electricity consumers the relative prices of operating and capital inputs the substitution possibilities between operating and capital expenditure whether the operating expenditure forecast is consistent with any incentive scheme or schemes that to the distribution network service provider under clauses 6.5.8 or 6.6.2 to 6.6.4 the extent the operating expenditure forecast is referable to arrangements with a person other than the distribution network service provider that, in our opinion, do not reflect arm’s length terms whether the operating expenditure forecast includes an amount relating to a project that should more appropriately be included as a contingent project under clause 6.6A.1(b) the extent to which the distribution network service provider has considered and made provision for efficient and prudent non-network alternatives any relevant project assessment conclusions report published under 5.17.4(o),(p) or (s) any other factor we consider relevant and which we have notified the distribution network service provider in writing, prior to the submission of its revised regulatory proposal under clause 6.10.3, is an operating expenditure factor. Consistent with our Guideline, we have used benchmarking to a greater extent than we did in regulatory determinations prior to the AEMC's 2012 rule changes. To that end, there are two additional operating expenditure factors that we have taken into account under the last opex factor above: our benchmarking data sets including, but not necessarily limited to: data contained in any economic benchmarking RIN, category analysis RIN, reset RIN or annual reporting RIN any relevant data from international sources data sets that support econometric modelling and other assessment techniques consistent with the approach set out in the Guideline as updated from time to time.
the most recent annual benchmarking report that has been published under clause 6.27 and the benchmark operating expenditure that would be incurred by an efficient distribution network service provider over the relevant regulatory control period the actual and expected operating expenditure of the distribution network service provider during any preceding regulatory control periods the extent to which the operating expenditure forecast includes expenditure to address the concerns of electricity consumers as identified by the distribution network service provider in the course of its engagement with electricity consumers the relative prices of operating and capital inputs the substitution possibilities between operating and capital expenditure whether the operating expenditure forecast is consistent with any incentive scheme or schemes that to the distribution network service provider under clauses 6.5.8 or 6.6.2 to 6.6.4 the extent the operating expenditure forecast is referable to arrangements with a person other than the distribution network service provider that, in our opinion, do not reflect arm’s length terms whether the operating expenditure forecast includes an amount relating to a project that should more appropriately be included as a contingent project under clause 6.6A.1(b) the extent to which the distribution network service provider has considered and made provision for efficient and prudent non-network alternatives any relevant project assessment conclusions report published under 5.17.4(o),(p) or (s) any other factor we consider relevant and which we have notified the distribution network service provider in writing, prior to the submission of its revised regulatory proposal under clause 6.10.3, is an operating expenditure factor. Consistent with our Guideline, we have used benchmarking to a greater extent than we did in regulatory determinations prior to the AEMC's 2012 rule changes. To that end, there are two additional operating expenditure factors that we have taken into account under the last opex factor above: our benchmarking data sets including, but not necessarily limited to: data contained in any economic benchmarking RIN, category analysis RIN, reset RIN or annual reporting RIN any relevant data from international sources data sets that support econometric modelling and other assessment techniques consistent with the approach set out in the Guideline as updated from time to time.
AER%20-%20Final%20decision%20Ergon%20Energy%20distribution%20determination%20-%20Attachment%207%20-%20Operating%20expenditure%20-%20October%202015.DOCX