The network component of your electricity bill is regulated by the Australian Energy Regulator (AER). Each year, network providers must submit a list of proposed network tariffs and the network prices that will apply for the next financial year, starting on 1 July.
Once approved, Ausgrid then provides its network prices to electricity retailers. The retailers incorporate those prices into the final retail tariffs that appear on a customer’s electricity bill. Retailers can choose how they pass on these network charges, taking into account their own pricing strategies and priorities. From 1 July 2014, retailer charges are no longer regulated by the Independent Pricing and Regulatory Tribunal. Our Tariff Structure Statement for the 2019-2024 regulatory period was approved by the AER in April 2019.