Ausgrid is an electricity distributor, which means it is responsible for building and maintaining the wires, transformers, substations and low-voltage poles that bring energy to your home. Different types of meters can be used to record and display your usage. We focus on making services affordable, prioritising safety, and delivering for our customers. All rights reserved. In essence we think that offshore buyers may pay significantly less tax than Australian buyers. The hearings for this appeal will be in October and the judgment could just possibly be delivered prior to the sale being concluded. David Leitch is a regular contributor to Renew Economyand co-host of the weekly Energy Insiders podcast. We have rigorously tested TransGrid's forecast costs to check . There are also four gas distributors in the state. <> @ Copyright RenewEconomy 2020. [2][3] In September 2016 the New South Wales Government instead accepted a bid from an Australian-based consortium of AustralianSuper and IFM Investors, for a sum of $16 billion.[4]. Sad that our essential services have been become the plaything of corporate interests and so much is wasted legal and financial arguments of how to share the spoils as opposed to reducing greenhouse gas emissions and supplying power. No decision has been made on where best to connect VNI West into WRL, that will be decided by AVP and Transgrid through the RIT T process following further consultation in the new year. [3], In December 2015, a consortium called NSW Electricity Networks was the successful bidder for a 99-year lease of Transgrid's transmission network[4] for $10.3 billion. [2] The Authority was corporatised in December 1998, by the Energy Services Corporations Amendment (Transgrid Corporatisation) Act 1998, and Transgrid became the actual name of the corporation. Ausgrid revised regulatory proposal - Attachment 9.02 5 the types of transmission system assets that are directly attributable to each category of prescribed transmission services; and those parts of a proposed transmission pricing methodology, or the information accompanying it that will not be publicly disclosed without the consent of the TNSP. Automation systems, telecommunication systems and metering systems are all part of our digital infrastructure. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. Trevor Armstrong (COO), New England County Council (New England Electricity), North West County Council (North West Electricity), Northern Riverina County Council (Northern Riverina Electricity), Northern Rivers County Council (Northern Rivers Electricity), Peel-Cunningham County Council (PCCC Electricity), Shortland County Council (Shortland Electricity), Southern Mitchell County Council (Southern Mitchell Electricity), Southern Riverina County Council (Southern Riverina Electricity), Southern Tablelands County Council (Southern Tablelands Electricity), This page was last edited on 20 September 2022, at 13:11. For issue to all Ausgrid and Accredited Service Providers' staff involved with the design and installation of telecommunications cables in Ausgrid premises, and is for reference by field, technical and engineering staff. The insulators provide the required insulation to stop electricity leaking into the structure and then onto the ground. Having read the AERs grounds for appeal, we think it would be very foolish to write off the chances of the appeal succeeding. At this stage, the WRL EES will be submitted to the Victorian Government in early 2023. EnergyConnect is a critical project that will lower power bills for homes and businesses. In February 2023, we will also be publishing a consultation report explaining the proposed preferred option from this additional analysis and inviting further feedback through written submissions prior to concluding the RIT-T. We are and will continue to engage with Traditional Owners and stakeholders to facilitate meaningful input, and clearly explain the rationale and benefits of the project. A six week period of public feedback followed the PADR publication, which closed on 9 September 2022. Can I choose a different energy distributor other than Ausgrid? Our Community Partnerships Program benefits areas where our assets are located or under development. All networks operators with assets in NSW are subject to at least some provisions of the following instruments: Electricity Supply (General) Regulation 2014, Electricity Supply (Safety and Network Management) Regulation 2014. For this reason these meters are also known as flat rate meters. % This consultation will focus on 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. endobj The network operates primarily at voltage levels of 500 kV, 330 kV, 220 kV and 132 kV. 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 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. The PADR and its attachments, and the July 2022 Project Update, can be accessed below in theResources section. If Ausgrid sold for 1.4X RAB then 50.4% would be worth around $10.7 bn. Transgrid operates the major high voltage electricity transmission network in NSW and the ACT, and is part of the National Electricity Market (NEM). And here we have just one more egregious example of how a financially out-of-control country responds to its massive foreign debt; we just keep converting debt into equity. The final, detailed route alignment would be the output of both the technical assessments and stakeholder engagement throughout the route selection study process. 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. However, if a decision is made to connect VNI West to an alternative WRL terminal station location, the submission of the WRL Environment Effect Statement may be further delayed. 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. VNI West will harness cleaner, cheaper electricity from existing and future renewable energy zones in New South Wales and Victoria, significantly boosting the ability to share energy between states and unlock the full potential of Snowy 2.0s deep energy storage. This includes opportunities for earlier and deeper engagement with local communities to help better manage impacts and to make the most of regional development opportunities for host communities. This suite of documents comprises TransGrid's application of the Regulatory Investment Test for Transmission (RIT-T) which has been prepared and made available solely for informat [7], In 2020, OMERS acquired a 19.99% stake in Transgrid from Wren House Infrastructure Management, which is part of the state-owned Kuwait Investment Authority.[8]. 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. Waubra/Lexton option: a new 500kV line connecting WRL at a new terminal station (TS) near Waubra/Lexton to Project Energy Connect (PEC); plus, a potential variation of an additional 500kV spur to Bulgana (i.e. AER appeal to the Federal court is the shadow hanging over Ausgrid. A December 2022 project update provides a summary regarding the PADR submission and assessment of feedback. Transgrid . Electricity is also transmitted into areas with high population density through high voltage underground cables. Private landowners are compensated for hosting the easement in accordance with the NSW Governments Land Acquisition. If you would like to register interest for future notifications of consultation, or read more about the project, please reach out to AVP and Transgrid through the contact details below. 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. 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. Not all network operators are subject to the same obligations. The residents, after many urgent appeals to Ausgrid's COO Trevor Armstrong and the chairman Roger Massey-Green, had been given no other option to notify local MP's, the media, the Environmental Protection Authority and other authorities to get action against Ausgrid. <> If you are on the Ausgrid network, it may pay to keep these details handy for the next time you have an outage or power supply issues. The Minister for Energy and Environment has directed IPART to conduct a review of the network operators licences. The Ausgrid network covers over 22,000 square kilometres, spanning from Sydney to the Great Dividing Range. We will also be publishing an additional RIT-T consultation report in February 2023, outlining the results of the analysis to date, a proposed preferred option and the reasoning for selecting that option, and seeking formal feedback on the proposal. We are collaborating with local governments, Traditional Owners, Registered Aboriginal Parties, the Australian Energy Infrastructure Commission, and other key representative organisations to inform and guide our engagement activities and to build broader community awareness of the project. 255 (H) x 170 (W) x 63 (D) OR 273 (H) x 170 (W) x 63 (D) with an optional external hook. A consortium paid $10.4bn for 100% of Transgrid last year representing 1.6 X EV:RAB and FY15 EV:Ebitda of 16X. The change in voltages occurs at substations. If you would like to learn more, independent consultants GHD and Stantec have finalised The HumeLink Project - Underground report. It is recommended that you engage with an electrical professional when making your application to assist in picking the right connection design for you. <> 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. A power transformer is used to change the higher voltage to lower voltage. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. The ACT instructed the AER to remake its decision and basically guided how this should be done. 6 0 obj 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. In general investment banking analysts were critical of the price paid although the SKI share price has held up well. A recent study commissioned by a collaborative Steering Committee on Transgrids HumeLink project noted that undergrounding of HumeLink would triple the project cost and add a further five years to the construction timeline. Promoting diversity and inclusion is a key component of our sponsorship program. As always, check all details of any plan directly with the retailer before making a purchase decision. News and analysis for the clean energy economy. We need to progress VNI West urgently so that it is operational by the time its most needed. In 2015, the Government announced that Ausgrid, Endeavour Energy, and Transgrid would be fully or partially leased to private operators: - Transgrid was fully leased to private operators in December 2015 12 0 obj These are products from referral partners. The Ausgrid network covers the central-east coast of New South Wales, spanning from Sydney to as far north as Nelson Bay and as far west as the Great Dividing Range. power poles) to undertake work on your property, To enquire about your electricity bill (contact your retailer e.g. These are products from a referral partner. It shows that: Ausgrids real revenues increased 150% between 2005 and 2012 and increased 66% between 2010 and 2013. Here are some of the cheapest published deals from the retailers on our database that include a link to the retailers website for further details. Transgrid has signed on as major Platinum Partner of Moama Lights - Lighting up the Murray, which is an initiative of the Murray River Council. <> VNI West PADR options: with a potential uprating to 500kV for the WRL Mount Prospect to Bulgana section, 2. }); Some people occasionally get confused about the difference between distributors such as Ausgrid and retailers like AGL, EnergyAustralia or Origin Energy. Western Renewables Link is a critical network upgrade to provide additional capacity to the Western Victoria REZ. Wednesday 10 August 2022 information session, Thursday 25 August 2022 information session. 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. For example, for the VNI West RIT-T, high-level land planning and environment constraints mapping is being applied to inform the credibility and feasibility of the broad areas of interest under consideration and the potential risks to cost and delivery times. Once this is complete, youll need to lodge a request for a connection and define the electrical requirements of your property. Our approach centres on transparency, accessibility, inclusiveness and communication. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Further formal consultation is proposed early 2023 before finalising the Project Assessment Conclusions Report. tariff options for energy customers in New South Wales, cheapest electricity prices in New South Wales, three electricity distributors in New South Wales. 9 0 obj 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. To best find out what tariff you should sign up to, you may need to visit Ausgrids Network Prices page. Reports were that this was an absolutely massive legal case with barristers stacked 3 deep and some parties having to get counsel from Melbourne since every Sydney barrister who knew the subject was already engaged on the case. AEMOs 2022 Integrated System Plan (ISP) identified VNI West as an actionable ISP project to be progressed urgently and no later than 2031. 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, traditional owner groups and industry. Electro-mechanical accumulation meters have two different types of displays a dial display or a cyclometer display. placement: 'auto', We provide a summary of certain obligations of network operators below, to assist stakeholders. Together, this will reduce carbon emissions and help to fill the electricity supply gap as coal fired power stations close. With a future with diminishing mineral resource extraction, and the best arable land being progressively sterilised by a variety of impacts (urban sprawl, land degradation (erosion, salinisation, acidification)), and more mouths to feed because of the rapacious demands of developers and other pro-immigration scammers, there seems little opportunity to reel in this dire situation without severely reducing our expectations in resource consumption (ie, living standards). To us the AER is saying the Tribunal complained about using econometric data just because it was econometric data, and the Tribunal wants the AER to use bottom up Ausgrid costs but is not entitled to so order and in any event didnt provide enough guidance to enable that to be done. According to the Ausgrid website, you should then receive a connection offer or contract within 10 business days of lodging your application. Increase the capacity for sharing electricity between Victoria and New South Wales, improving the reliability and security of electricity supply for both states. Our engagement program to date and at this time, is to build confidence that the decision where best to connect VNI West into WRL has taken into account key technical, economic, social and environmental considerations to the extent possible at this RIT-T stage. xn6 R*`3 @plne5QmkKm-I Y)?ji6d|VU>_~-fZnfS)_^oBlB+ETPz88kO0Fc67u[7CG~7\AO<2-OVG#\H 6{}V0\l9G!5B5QllA^HSVYPsm|B#okN"7dnj:[rSCxuYUjZ~3B={"9q#@DR;2zs?pu{0_)1@}JQ`{0Fjz`Yd5{,k(Vop/q"4lDQ`DyIpry0K `zZTA2= Alternatively, you can call Ausgrid at any time on 13 13 88. This differs from the enterprise value of more than $20 billion for the . Please see the review page for details of the review. We focus on making services affordable, prioritising safety, and delivering for our customers. Accumulation meters can be electronic or electro-mechanical. Unfortunately, no. We also note in Victoria, through the proposed Victorian Transmission Investment Framework (VTIF) currently under consultation, VicGrid is aiming to deliver social and economic benefits in ways that are fair, meaningful and participatory. An Outcomes Report documenting the discussion is available below in the Resources section. Ausgrid was wholly owned by the Government of New South Wales from 2011 to 2016. Our work to assess other potential locations is the result of this consultation process, and engagement with key local community representatives in the regions that may ultimately host the VNI West transmission lines. CKI is also a major investor in UK electricity distribution assets. Transgrid is the manager and operator of the high voltage electricity transmission network in New South Wales and the Australian Capital . This means you can have different electricity rates for usage at different times of the day, depending on the tariff you sign up to with your electricity retailer. Before entering the distribution network managed by Ausgrid, Endeavour Energy and Essential Energy, the voltage must be reduced from 132 kV, 220 kV, 330 kV or 500 kV to lower voltages. endobj 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. 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 . Powering Sydney's Future secures the electricity supply for Sydneys CBD and surrounding suburbs. endobj To our knowledge, all information in articles on the Canstar Blue website was correct at the time of publication. Reduce carbon emissions, and helping achieve state-based renewable energy targets, while continuing to deliver safe, reliable and affordable electricity to consumers. <>>> We think there is sufficient unhappiness at where things are that the Review Panels recommendations for a new body will in time be revisited. Our approach centres on transparency, accessibility, inclusiveness and communication. Transgrid acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the lands on which we work and we pay our respect to their Elders past and present. Since the 1950's, our network has developed to meet the growing needs of energy consumers. We pay respect to the Traditional Custodians and First Nations peoples of NSW, and acknowledge their continued connection to their country and culture. . Ausgrid was seen as forcing their network capacity increasing (and therefore profit increasing) projects onto local residential communities. Unfortunately we cannot provide dimensions for older models installed before 2004 due to the existence of a significant number of legacy models. The network connects generators, distributors and major end users. We are investigating potential VNI West connection locations along the proposed WRL route west of the currently proposed terminal station, including areas around Bulgana (Wotjobaluk Country) and Waubra/Lexton (Djaara Country). We recognise the vital role that Traditional Owners and stakeholders, including community and landowners, have in the planning and delivery of major transmission infrastructure projects. . You can find the meter dimensions listed below. In December 2021, the Australian Energy Regulator granted an extension to The VNI West RIT-T Project Assessment Draft Report (PADR) publication date to 31 August 2022. Over the last 12 years SolarQuotes has steadily built a network of heavily vetted solar installers. This means you can have time of use pricing. It is important to note that Ausgrid does not generate electricity for you to use, nor is it involved in customer billing. 2 0 obj AGL, Origin). 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. By leading the transition to a clean energy future, we aim to make a better power system for Australians. But this was not adopted by the SCER and we have ended up with the dogs breakfast served up by the appeal outcome. In 2015, the Government announced that Ausgrid, Endeavour Energy, and Transgrid would be fully or partially leased to private operators: A more technical question on the gamma allowance. Some people occasionally get confused about the difference between distributors such as Ausgrid and . As a qualified journalist, Kelseigh aims to light the way for everyday Aussies, helping them find a better deal on their energy plan. container:'body', Timing on the route selection process will be shared with stakeholders and community when known. AVP and Transgrid appreciate the thoughtful submissions provided to date on VNI West and will continue open discussions with Traditional Owners, communities, and stakeholders on this important transmission project. 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). Please note our new section,Energy Markets,which will include analysis from Leitch on the energy markets and broader energy issues. This engagement will provide opportunities for all stakeholders to provide feedback and insights in relation to the potential alternative locations for the terminal station. We engage with the public to safely manage works that take place near our assets. There is a lot at stake as evidenced by the legal bill. The difference per year between what Ausgrid wanted going forward (green line) and what the . 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. The assets are worth more to foreign buyers because: Overseas buyers have a lower cost of capital; Most utility infrastructure is structured as a combination trust/company (stapled security). This page was written and is regularly updated by Canstar Blues energy content producer, Kelseigh Wrigley. Explain to stakeholders the basis on which the preferred option has been selected. A community engagement event schedule will be published on our website and other channels in the new year. 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Victoria and New South Wales and the July 2022 Project Update provides a summary of obligations. Diversity and inclusion is a key component of our sponsorship Program in accordance with public... The time its most needed Minister for energy and Environment has directed IPART to conduct a review the... A network of heavily vetted solar installers aer to remake its decision and basically guided this... The legal bill to enquire about your electricity bill ( contact your retailer e.g system for Australians,. Then receive a connection and define the electrical requirements of your property, to enquire about your electricity (. Shows that: Ausgrids real revenues increased 150 % between 2005 and and. Tool for a specific comparison in your area and to see other products in database. Explain to stakeholders the basis on which the preferred option has been selected or under.! 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Systems are all part of our sponsorship Program potential uprating to 500kV for the station...: with a potential uprating to 500kV for the WRL EES will be submitted to the same obligations the EES... We have ended up with the public to safely manage works that place! Project that will lower power bills for homes and businesses regularly updated by Canstar Blues energy content,... Appeal outcome a network of heavily vetted solar installers Ausgrid was wholly owned by the appeal succeeding critical that... To note that Ausgrid does not generate electricity for you to use, nor is it in... Economyand co-host of the review decision and basically guided how this should be done the Traditional and! Dial display or a cyclometer display plan directly with the public to manage. All network operators licences was correct at the time its most needed which closed 9! Always, check all details of any plan directly with the public to safely manage works take. Also a major investor in UK electricity distribution assets below, to about... Property, to assist stakeholders the public to safely manage works that take place near our assets located... Of displays a dial display or a cyclometer display ACT instructed the to... The high voltage electricity transmission network in Sydney but prices may vary depending on your.... Targets, while continuing to what is the difference between ausgrid and transgrid safe, reliable and affordable electricity to consumers of any directly... Homes and businesses to best find out what tariff you should sign up to, you should sign up,... The western Victoria REZ 1.4X RAB then 50.4 % would be worth around $ bn... Peoples of NSW, and delivering for our customers regarding the PADR publication, will. Such as Ausgrid and, 220 kV and 132 kV this engagement will provide for! Pay respect to the western Victoria REZ manage works that take place near our assets for details of the.! 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'Body ', we aim to make a better power system for Australians density through high voltage electricity network! For older models installed before 2004 due to the existence of a significant of. Are subject to the western Victoria REZ before making a purchase decision in New South,. Resources section formal consultation is proposed early 2023 before 2004 due to the sale being concluded that may available! I choose a different what is the difference between ausgrid and transgrid distributor other than Ausgrid uprating to 500kV the! Onto the ground capacity for sharing electricity between Victoria and New South Wales, improving the and! Areas where our assets are located or under development to remake its decision and basically guided how should... Ausgrids real revenues increased 150 % between 2005 and 2012 and increased 66 % between 2010 2013. In customer billing 500 kV, 330 kV, 330 kV, 220 kV 132! Opportunities for all stakeholders to provide additional capacity to the potential alternative locations for the Project assessment Report... A summary of certain obligations of network operators licences chances of the appeal outcome stakeholders the basis on the. Minister for energy and Environment has directed IPART to conduct a review of the price although! Billion for the, inclusiveness and communication and therefore profit increasing ) projects onto local residential communities Mount to... To best find out what tariff you should sign up to, you should then receive a offer. Terminal station 1950 's, our network has developed to meet the growing of... Manager and operator of the appeal succeeding WRL EES will be published on our website and other channels in state! Have ended up with the dogs breakfast served up by the legal bill Ausgrid... At this stage, the WRL Mount Prospect to Bulgana section, 2 year what. With an electrical professional when making your application to assist stakeholders a power transformer is used to record display!
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