Please see the review page for details of the review. From 1 December 2017, any new or replacement meters for homes or small businesses will be smart meters, installed by your electricity retailers appointed provider, not Ausgrid. @ Copyright RenewEconomy 2020. Here is some general information about when you should and should not contact Ausgrid: Bill-payers living on the New South Wales central-east coast can contact Ausgrid for a number of services including electricity connections, projects and maintenance in the area, pricing and tariff information, rooftop solar installations and faulty connections or outages. <> Transgrid runs over 13,000 kilometres of transmission wires in NSW and the ACT, with connections in Queensland and Victoria as well. Transgrids 2021 Transmission Annual Planning Report and AEMOs 2021 Victorian Annual Planning Report have identified the need for additional interconnection to maintain Victorias supply reliability following the withdrawal of further coal-fired generation plants, and EnergyAustralias official advice that the Yallourn Power Station is expected to retire in mid-2028. The views expressed are his own. As Ausgrid's standards are subject to ongoing review, the information contained in this document may be amended by Ausgrid at any time. The Ausgrid network covers over 22,000 square kilometres, spanning from Sydney to the Great Dividing Range. Our network extends throughout NSW and the ACT, with connections to Queensland and Victoria. Each conductor is connected to a string of insulators that either suspend or terminate the conductor at the structure. Bulgana option: a new 500kV line connecting WRL at a new TS near Bulgana to PEC; OR a new 500 kV line connecting WRL at a new TS near Bulgana to PEC, via a new TS near Bendigo and a TS station near Kerang. Jemena was recently allowed to win, a very out of the money, bid to build a pipe to bring gas from the Northern Territory to Eastern Australia. endobj Our directors and executive team have a wealth of combined experience across the energy industry. AVP and Transgrid are currentlyinvestigating alternative connection points into WRL, looking at an areas around Waubra/Lexton and Bulgana. VNI West will be critical in the development of additional renewable generation in western Victoria and southwestern New South Wales, as the NEM transitions to low-emission generation technologies such as wind and solar. container:'body', A new 500kV transmission line will carry electricity to customers from new generation sources. This consultation will provide a number of different opportunities for community members to provide feedback in addition to our regular engagement with councils, governments, consumer representatives and industry. As a result the regulator decided to cut Ausgrids 2014-2019 revenues by an eyebrow raising 40% compared to what Ausgrid was looking for. Victoria New South Wales Interconnector (VNI West), is a proposed new high-capacity 500 kilovolt (kV) double-circuit overhead transmission line, providing a connection between the Western Renewables Link in Victoria and Project EnergyConnect in New South Wales. Further project information is available from AVP and Transgrid through the contact details below. The network operates primarily at voltage levels of 500 kV, 330 kV, 220 kV and 132 kV. The display of the interval meter is programmed to show the date and time (in Eastern Standard Time as required by the National Electricity Rules) as well as the total kilowatt hours (kWh). Stay up to date. Refer to the product fact sheet (or relevant similar documentation) before making any purchase decision. 14 0 obj Please visit AusNets website for further details of the current schedule. The safety and welfare of our people, delivery partners, and the broader community is our highest priority. The rapid retirement of major coal-fired generation in Australia has created an urgent need for new transmission infrastructure. The route selection study process will involve taking the broad project area of interest established through the RIT-T process, and narrowing this down and refining based on more detailed consideration of technical, environmental, social and cultural constraints, as well as Traditional Owner, community and stakeholder landholder feedback. To view submissions, visit the stakeholder consultation section on theAEMO project page. The RIT-T is a formal consultation process designed to: The RIT-T consultation process has three stages: Submissions on theProject Specification Consultation Reportclosed on 13 March 2020. install a solar PV system at your property. Here are the energy distributors in NSW. The RIT-T assessment decision is expected in 2023. A community engagement event schedule will be published on our website and other channels early in the new year. While generators are required to provide adequate notice before decommissioning, there are risks that a substantial plant failure, loss of significant revenue or force majeure events could cause an early or unexpected plant retirement. Western Renewables Link is a critical network upgrade to provide additional capacity to the Western Victoria REZ. endobj Unfortunately, no. The proposed expansion will address transmission network limitations. }); Some people occasionally get confused about the difference between distributors such as Ausgrid and retailers like AGL, EnergyAustralia or Origin Energy. Try selling that to politicians or Joe Public. For information regarding the other functions and services provided by smart meters, please contact your retailer. Ausgrid was government-owned until December 2016 when it became majority-owned by private investor groups. The final, detailed route alignment would be the output of both the technical assessments and stakeholder engagement throughout the route selection study process. VNI West is a core component and priority project in the AEMOs 2022 ISP, which confirms the need for short- and longer-term investment to increase the transfer capacity between the states and it will provide a unique opportunity to deliver transmission infrastructure that supports new private sector investment in Clean Energy. New smart meters are supplied and installed by your retailers appointed provider, any questions surrounding your smart meter should be directed to your retailer. <> These are products from a referral partner. Its fair to say, in our view, that CKIs Australian assets have been the most efficiently run in the NEM, as judged by the AER. Transgrid has entered into an underwriting agreement with the Commonwealth Government to develop the Victoria to New South Wales Interconnector West (VNI West), a major transmission infrastructure project proposed to secure the electricity supply and boost sharing between the two states. And also note ourlive generation widget,and theAPVI solar contribution. Accusations were also made of Ausgrid "gold plating" its business at the expense of consumers to increase the price in privatisation. We are also working with AusNet as investigations are underway into alternative locations for VNI West connections and its potential impact on WRL. We invest in building sustainable working relationships with all our procurement partners. endobj This will include extensive community and stakeholder consultation. If you experience a blackout or power outage, Ausgrid should be your first port of call. See the December 2021 progress updatefor more details. AusNet has prioritised reaching out to landholders between Mount Prospect and Bulgana, who may potentially host the WRL infrastructure, and those surrounding landholders who may potentially be impacted by any changes. - Endeavour Energy was partially leased (50.4%) to private operators in June 2017. On 29 July 2022, Transgrid and AVP published the Project Assessment Draft Report (PADR), which examines the technical and economic factors leading to identification of a proposed preferred option for VNI West. Automation systems enable us to exert control in any part of the network and to enable communication between substations or switching stations and our control centre. Major decisions, such as the location of the VNI West connection to WRL, consider engineering and economic factors. Ausgrid, Endeavour Energy, Essential Energy and Transgrid (Network Operators) each hold an operating licence. Transgrid and the Australian Energy Market Operator Victorian Planning (AVP) are progressing a joint Regulatory Investment Test for Transmission (RIT-T) to assess the technical and economic viability of expanding the transmission interconnector capacity between Victoria and New South Wales. Electro-mechanical accumulation meters have two different types of displays a dial display or a cyclometer display. You can also contact the Transgrid team in NSW via VNIW@transgrid.com.au or the AEMO team in Victoria via VNIWestRITT@aemo.com.au. It is important to note that Ausgrid does not generate electricity for you to use, nor is it involved in customer billing. The proposed expansion will address transmission network limitations. The financial implications of any potential move of the connection location needs to be carefully balanced with the issues raised by local communities. The question posed relates specifically to the difference between Ausgrid's reported network component of bills (33.3%) vs. the figure referenced from the 2017 AEMC report (52.8%), and how the two figures can be reconciled. Metering systems located at customer connection points in the network, usually at substations, record the amount of power being transmitted at that point and charge the customer accordingly. The AER also argues that the ACT effectively states that the existing cost of debt for a regulated entity is by definition to be regarded as efficient whereas that need not automatically be correct. [10], Brett Redman Chief Executive Officer[12], Craig Stallan - Executive Manager Works Delivery, Kasia Kulbacka - Executive Manager Network Planning & Operations, Chris Pemberton Executive Manager Corporate Services, Richard Lowe - Chief Executive Officer - Lumea, Brian Salter - Executive Manager Legal Governance & Risk, Eva Hanly Executive Manager of Strategy, Innovation & Technology, Jeff Forrest Chief Financial Officer (Acting). To read an interval meter the meter reader attaches an optical probe to the meter and downloads the 30-minute interval data into a handheld computer. This differs from the enterprise value of more than $20 billion for the . It is possible that conflict may exist between standard documents. The project is also expected to support regional employment and economic growth in some capacity across the LGAs where the project is sited. Our database may not cover all deals in your area. Ausgrid connection contracts are valid up to a year from when the application was submitted. tariff options for energy customers in New South Wales, cheapest electricity prices in New South Wales, three electricity distributors in New South Wales. . VNI will help lower the cost of wholesale electricity across the National Electricity Market. Ausgrid was seen as forcing their network capacity increasing (and therefore profit increasing) projects onto local residential communities. To best find out what tariff you should sign up to, you may need to visit Ausgrids Network Prices page. If not, you can select your property on the map to report an outage. We are currently consulting with Traditional Owners and communities that are potentially impacted by the alternative connection location of VNI West into WRL so we can be confident we understand all the local factors before making any decision. Transgrid conducted a roundtable meeting with key stakeholders on 1 June 2022, providing an overview of the VNI West project and an update on its current status within the RIT-T process. With more than 15 years experience Transgrid Telecommunications manages an extensive fibre optic network covering in excess of 4000km across NSW, the ACT and Victoria. David Leitch is principal of ITK. The value of Ausgrid will swing by billions of dollars depending on the outcome of the AERs appeal to the Federal Court against a very legalistic ACT ruling over 2014-2019 regulated revenues. To connect your home or business to the electricity grid, If you find any electricity faults that are not related to the network, To report a safety concern such as a fallen powerline, To discuss changing energy plans or retailers, To get permission to relocate network assets (i.e. Reliability and performance licence conditions - SUPERSEDED, Licence granted to the NSW Electricity Networks Operations Pty Limited, Minister's variation Signed by the Minister on 29 November 2017. AVP and Transgrid also support the Energy Charters work in developing social licence guidelines for co-existence of transmission infrastructure and agriculture in an attempt to mitigate negative impacts and prioritise the need for shared values through the energy transition. Well-targeted and timely investment in the transmission network is therefore required to keep pace with these changes and provide consumers with the most cost-effective energy outcomes while maintaining reliability and security. Ausgrid chief executive Richard Gross is to step down just as pressure on the NSW electricity distributor's management is mounting over industrial action and an upheaval looms in the ownership . It applies to each network operator from the date it was transacted. Ausgrid services more than 1.7 million homes and businesses on the NSW central-east coast. difference to bushfire risk between overground and underground transmission lines and no significant difference to operational costs. VNI West will provide a vital new transmission line to link new renewable generators with the grid and ensure reliable, affordable power as Australia transitions to clean, low-cost renewables. That is, we persist on selling off the farm, to entities from countries that must think that we are idiotically free and easy. linkedin. Hong Kongs Cheung Kong Infrastructure (CKI) and State Grid of China [SGC] already own considerable utility infrastructure in Australia, and CKI in particular has an excellent reputation as an operator. Once you are connected, all that is left to do is choose an electricity provider. As a qualified journalist, Kelseigh aims to light the way for everyday Aussies, helping them find a better deal on their energy plan. The RIT-T process is a regulatory process defined in the National Electricity Rules (NER) as limited to determining if a project will deliver positive net market benefits to the National Electricity Market (NEM) as a whole. We provide a summary of certain obligations of network operators below, to assist stakeholders. <> Social and environmental issues are key considerations for a range of community and stakeholders in the assessment of any major infrastructure project, including major transmission projects. These guys already own lots of the assets. The network consists of more than 49,000 kilometres of overhead and underground powerlines, with more than 31,000 distribution substations. In Victoria, the PADR proposed a connection to the Western Renewables Link (WRL) at a new terminal station north of Ballarat. Electronic accumulation meters have a digital display. In October 2022, the Victorian and Commonwealth Governments jointly announced support, through the Commonwealth Governments Rewiring the Nation plan, for this project to be built by 2028. The structures are either steel towers or poles made of steel, concrete or wood. Ausgrid welcomes the opportunity to comment on the AEMC's consultation paper regarding the participant derogation rule change proposals put forward by TransGrid and ElectraNet for the financeability of integrated system plan (ISP) projects. The difference in revenue between TransGrid's revised proposal and our final decision is mostly driven by our forecast of capital expenditure (capex). At this stage, the WRL EES will be submitted to the Victorian Government in early 2023. Wednesday 10 August 2022 information session, Thursday 25 August 2022 information session. Ausgrid's real revenues increased 150% between 2005 and 2012 and increased 66% between 2010 and 2013. This will provide meaningful opportunity for stakeholder and community engagement on values, opportunities and constraints before a final decision on connection location is made at the time the RIT-T is concluded, and the Project Assessment Conclusions Report (PACR) is published. Ausgrid owns most meters connected to our network. Whether benchmarking is an appropriate method for estimating allowable costs for Ausgrid and whether the AER used benchmarking in an appropriate way to produce an appropriate outcome. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Transgrid operates the major high voltage electricity transmission network in NSW and the ACT, and is part of the National Electricity Market (NEM). In the National Energy Market, our operations are governed by a number of institutions. Canstar Blue's website terms and conditions apply. The AFR reported, via the usually impeccably reliable Street talk column that SGC was expected to bid over $13 bn for the stake. The appeal grounds around the appropriate cost of debt are much more legal, and in part, turn on whether the ACT was even entitled to consider the matter and whether the appropriate benchmark entity is a regulated utility or an unregulated entity. So right there we can see $2 bn going away. We have never heard any criticism of its interests in regard to national security. Ausgrid should only be contacted in relation to the electricity supply at your home. Our directors and executive team have a wealth of combined experience across the energy industry. AusNet continues to investigate WRL project alternatives as part of the Environment Effects Statement (EES) and to evaluate the impact that any proposal to relocate the terminal station may have on the WRL project. Ausgrid says that under its new ownership arrangement, it has maintained a focus on safety and reliability, while also preparing for a feature of de-centralised renewable energy generation. The safety and welfare of our people, delivery partners, and the broader community is our highest priority. endobj <> Maps appearing in the VNI West PADR, and the 2022 ISP, are illustrative only. The company's offices are located in Sydney, Newcastle, Orange, Tamworth, Wagga, and Yass. There are typically three different types of meters. Subscribe to receive all major news and updates. We recognise the vital role that stakeholders, including Traditional Owners, community and landowners, have in the planning and delivery of major transmission infrastructure projects. If you would like to speak to someone at Ausgrid directly, the number you should call depends on what youre after. Interval meters are all electronic. If the location of the proposed VNI West connection to WRL changes, it is unlikely to significantly alter the proposed WRL route, although would require uprating the proposed WRL transmission line to 500kV east of the connection point to accommodate the additional volume of renewable generation that would be harnessed from VNI West. Ausgrid operates under this partnership in a long-term lease, with Australian Super and IFM Investors owning 50.4 per cent of the network, while the NSW Treasury owns 49.6 per cent. We have also received a response to the report from the community members of the Unfortunately we cannot provide dimensions for older models installed before 2004 due to the existence of a significant number of legacy models. Have a wealth of combined experience across the Energy industry or a cyclometer display is to! 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To use, nor is it involved in customer billing private investor groups located in Sydney,,! Victorian Government in early 2023 ISP, are illustrative only investigations are underway into alternative locations for West. Distribution substations connection to the Victorian Government in early 2023 > These are products from a referral partner available... By local communities Link ( WRL ) at a new terminal station north of Ballarat page details... Note ourlive generation widget, and the ACT, with more than $ 20 billion for the major decisions such. Speak to someone at ausgrid directly, the number you should sign up to, you need! When it became majority-owned by private investor groups, detailed route alignment be! Experience across the Energy industry heard any criticism of its interests in regard to National security of 3900kWh/year for residential! Of displays a dial display or a cyclometer display of the connection location needs to carefully. 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