Post by Australian Energy Regulator

Today we published our final decisions on the revenue five Victorian electricity distribution networks – AusNet, Jemena, CitiPower, Powercor and United Energy – can recover over the 2026–31 regulatory period. Every five years network businesses submit revenue proposals to the AER, which we assess to ensure proposed spending is prudent and efficient and that consumers pay no more than necessary. Victoria’s energy market is undergoing a complex transition, with growing consumer energy resources, new loads such as data centres and an increased focus on reliability and resilience following extreme weather events. Our decisions also ensure the networks are appropriately funded to support these changes, while maintaining safe, reliable and secure electricity services. Following careful consideration of stakeholder feedback, we have approved the following revenues for the 2026–31 regulatory period: • AusNet: $4,745.7 million • Jemena: $2,000 million • CitiPower: $2,039 million • Powercor: $5,335.4 million • United Energy: $2,319.2 million These decisions aim to balance affordability for consumers with the targeted investment networks need to support an evolving energy system. To find out more, read our media release where AER Board member, Lynne Gallagher, unpacks the drivers and reasoning behind the decisions. Visit  https://lnkd.in/gS4Yu67u