one of: physical proxy for capital (which includes the MVA–kms of overhead and underground lines) RAB straight line depreciation proxy depreciated RAB proxy. Table A.9 outlines our preferred NSP input specification and alternative inputs. Table A.9 NSP input specifications Quantity Value Price Preferred input specification Opex (for prescribed services adjusted to Nominal opex/Weighted average price Weighted average of ABS EGWWS WPI remove accounting items not reflecting index and five ABS producer price indexes input use that year) Annual user cost (return of and on Overhead lines (MVA–kms) Overhead annual user cost/MVA–kms overhead capital) Annual user cost (return of and on Underground cables (MVA–kms) Underground annual user cost/MVA–kms underground capital) Annual user cost (return of and on Transformers & other annual user Transformers and other (MVA) transformers and other capital) cost/MVA Alternative opex inputs Opex (for network services group adjusted Nominal opex/Weighted average price Weighted average of ABS EGWW AWOTE to remove accounting items not reflecting index and five ABS producer price indexes input use that year) Alternative capital inputs Nominal RAB straight–line depreciation/ AUC (Return of and on capital) AUC/Constant price RAB depreciation ABS EGWWS CGPI Nominal depreciated RAB/ABS EGWWS (Revenue minus opex)/Constant price Revenue minus opex CGPI depreciated RAB Abbreviations: VCR – value of customer reliability, ABS – Australian Bureau of Statistics, EGWWS – electricity, gas, water and waste services, WPI – wage price index, MVA – megavolt amperes, kVA – kilovolt amperes.
one of: physical proxy for capital (which includes the MVA–kms of overhead and underground lines) RAB straight line depreciation proxy depreciated RAB proxy. Table A.9 outlines our preferred NSP input specification and alternative inputs. Table A.9 NSP input specifications Quantity Value Price Preferred input specification Nominal opex/Weighted average price index Opex (for prescribed services adjusted to remove accounting items not reflecting input use that year) Weighted average of ABS EGWWS WPI and five ABS producer price indexes Overhead lines (MVA–kms) Annual user cost (return of and on overhead capital) Overhead annual user cost/MVA–kms Underground cables (MVA–kms) Annual user cost (return of and on underground capital) Underground annual user cost/MVA–kms Transformers and other (MVA) Annual user cost (return of and on transformers and other capital) Transformers & other annual user cost/MVA Alternative opex inputs Nominal opex/Weighted average price index Opex (for network services group adjusted to remove accounting items not reflecting input use that year) Weighted average of ABS EGWW AWOTE and five ABS producer price indexes Alternative capital inputs Nominal RAB straight–line depreciation/ ABS EGWWS CGPI AUC (Return of and on capital) AUC/Constant price RAB depreciation Nominal depreciated RAB/ABS EGWWS CGPI Revenue minus opex (Revenue minus opex)/Constant price depreciated RAB Abbreviations: VCR – value of customer reliability, ABS – Australian Bureau of Statistics, EGWWS – electricity, gas, water and waste services, WPI – wage price index, MVA – megavolt amperes, kVA – kilovolt amperes.
AER%20Explanatory%20statement%20-%20draft%20expenditure%20forecast%20assessment%20guideline%20-%20August%202013.DOCX