Ausgrid welcomes the Australian Energy Regulator’s decision, which accepts our revised proposal in full.
We thank our customer advocates who played a key part in developing our proposal, which addressed our customers’ call for affordable, reliable and sustainable energy.
Ausgrid will continue to put customers first and we believe this decision delivers for them, because it allows us to:
- Continue to operate the network safely and reliably.
- Reduce network charges by an additional $73 for the average residential customer, over and above the $142 savings since 2014. This means that by 1 July, 2019 Ausgrid will have reduced network charges by $215 or 28 per cent.
- Invest in a more flexible grid which will support the transition to a lower carbon economy, where renewables and DER are a much larger part of the energy mix.