Revenue at risk The sum of the for all () is not to exceed or fall below, respectively, s-factors parameters the upper or lower limits of the as specified in clause 2.5(a) or as varied revenue at risk in accordance with clause 2.5(b) and specified in the relevant distribution determination. Equation 6 below places limits on the sum of the raw for all () to s factors parameters achieves this. If the sum of the raw for all is equal to either the s-factors parameters upper or lower limit or within the (that is equal to or between ± 5 per revenue at risk cent) then=. where: is the lower limit of the overall in accordance with clause revenue at risk 2.5 is the upper limit of the overall in accordance with clause revenue at risk 2.5 is the sum of the raw for all reliability of supply (ROS) s-factors as determined in equation 8. parameters, is the sum of the for all customer service (CS) as s-factors parameters, determined in equation 7. The sum of the for all customer service is not to exceed or fall s-factors parameters () below, respectively, the upper or lower limits of the as specified in clause revenue at risk 5.2(a). Equation (7) below places limits on the sum of the raw for all customer service to achieve this. s-factors parameters where: is the limit of the for all customer service (CS) revenue at risk in accordance with clause 5.2(a) parameters is the limit of the for all customer service (CS) revenue at risk in accordance with clause 5.2(a) parameters is the sum of the raw for customer service (CS) as s-factors parameters, determined in equation (9). The service standards s-factor The for each is calculated by comparing a DNSP’s performance s-factor parameter against its and the and included in the parameters performance targets incentive rates DNSP’s distribution determination for a during the regulatory year regulatory control period. The raw is the sum of the for each Equation (6) ensures that s-factor s-factors parameter. the raw result cannot exceed the percentage of specified in clause s-factor revenue at risk 2.5 or the relevant distribution determination.
Revenue at risk The sum of the s-factors for all parameters () is not to exceed or fall below, respectively, the upper or lower limits of the revenue at risk as specified in clause 2.5(a) or as varied in accordance with clause 2.5(b) and specified in the relevant distribution determination. Equation 6 below places limits on the sum of the raw s factors for all parameters () to achieves this. If the sum of the raw s-factors for all parameters is equal to either the upper or lower limit or within the revenue at risk (that is equal to or between ± 5 per cent) then=. where: is the lower limit of the overall revenue at risk in accordance with clause 2.5 is the upper limit of the overall revenue at risk in accordance with clause 2.5 is the sum of the raw s-factors for all reliability of supply (ROS) parameters, as determined in equation 8. is the sum of the s-factors for all customer service (CS) parameters, as determined in equation 7. The sum of the s-factors for all customer service parameters () is not to exceed or fall below, respectively, the upper or lower limits of the revenue at risk as specified in clause 5.2(a). Equation (7) below places limits on the sum of the raw s-factors for all customer service parameters to achieve this. where: is the limit of the revenue at risk for all customer service (CS) parameters in accordance with clause 5.2(a) is the limit of the revenue at risk for all customer service (CS) parameters in accordance with clause 5.2(a) is the sum of the raw s-factors for customer service (CS) parameters, as determined in equation (9). The service standards s-factor The s-factor for each parameter is calculated by comparing a DNSP’s performance against its parameters and the performance targets and incentive rates included in the DNSP’s distribution determination for a regulatory year during the regulatory control period. The raw s-factor is the sum of the s-factors for each parameter. Equation (6) ensures that the raw s-factor result cannot exceed the percentage of revenue at risk specified in clause 2.5 or the relevant distribution determination.
AER%20-%20Service%20Target%20Performance%20Incentive%20Scheme%20v%202.0%20-%2014%20November%202018%20%28updated%2013%20December%202018%29.DOCX