<
https://reneweconomy.com.au/queensland-electricity-users-hit-with-51m-in-natural-disaster-costs/>
"Three recent natural disasters will directly cost Queensland electricity users
$51.4 million over the next two years.
The per connected customer charge will be minimal, at $2 for residential
customers and $4 to $5 for small business customers over two years, and about
the same for Ergon Energy’s customers, due to government fee uniformity rules.
But the size of the approved pass-through costs point to a future where
customers will be shouldering a higher burden from the rising ferocity of
natural disasters.
Pass-through costs are a time-limited way for the AER to regulated monopolies
such as electricity networks to recover costs when hit with events outside
their control – such as natural disasters.
The AER approved slightly higher costs than both of the state-owned
distribution network service providers (DNSP) asked for, to factor in ongoing
construction inflation and the time penalty between fixing infrastructure and
being paid for that.
The only other time the Australian Energy Regulator (AER) has approved a
cost-pass through in Queensland from a natural disaster was last year.
Energex was allowed to charge customers $18.1 million in 2024-25 to pay for the
damage created by the 2022 floods in the state’s southeast."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
