• About
  • Advertise
  • Subscribe
  • Contact
  • Events
Friday, June 13, 2025
Newsletter
SUBSCRIBE
  • News
    • Events
  • Features
  • Electricity
  • Gas
  • Renewables
    • Batteries & Storage
    • Hydro Power
    • Hydrogen
    • Solar
    • Wind
  • Smart Energy
No Results
View All Results
  • News
    • Events
  • Features
  • Electricity
  • Gas
  • Renewables
    • Batteries & Storage
    • Hydro Power
    • Hydrogen
    • Solar
    • Wind
  • Smart Energy
No Results
View All Results
Home Gas

AER develops required gas financial models

by Staff Writer
June 21, 2019
in Gas, News
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter

The AER will develop template financial models that regulated gas network providers will be required to use under the access arrangement proposals covered by the National Gas Rules.

The financial models will comprise of template capital base roll forward models (RFMs) and revenue models. The AER will also amend the current electricity RFMs in line with the amendments it recently made to the electricity post-tax revenue models (PTRMs) impacting the roll-forward of assets for tax purposes.

The amendments to the RFMs (distribution and transmission) will give effect to changes set out in the AER’s final report on the review of regulatory tax approach relevant to rolling forward the tax asset base. The AER will also develop a default approach to implement year-by-year depreciation tracking of the regulatory and tax asset bases.

The gas final model templates will be developed in accordance with the recent changes to the NGR regarding the regulation of covered pipelines. This rule change allows the regulator to prepare and publish consistent financial models that service providers must use as part of the access arrangement review process to construct the capital base, and the total revenue calculated using the building block approach.

The current electricity models are intended to be used as the base template from which any gas specific amendments will be made. The consultation process for amendments to the electricity RFMs will be made in tandem with the development of the gas financial models to ensure efficient stakeholder engagement. It is expected that any amendments required for the electricity RFMs will also be reflected in the new gas models.

The indicative timeline for the development and amendment of the regulatory models:

DateMilestone
August-September 2019Informal consultation with stakeholders (preliminary draft models)
December 2019Draft models released for consultation
January 2020Submissions on draft models due
March 2020Final models released

Related Posts via Categories

  • ECA calls for change to National Gas Rules
  • Green light for Victorian LNG import terminal
  • AEMO: new generation bolstering winter energy supply
  • New Vic Energy Safety Bill passes
  • Milestone for landmark NT energy corridor
  • Jemena: customers need confidence in gas availability
  • Report: renewables soaring, coal declining
  • What does the 2025 election mean for the energy sector?
  • Biomethane to flow into SA gas network
  • Vic Gov proposes amendments to National Gas Rules

Related Posts

Image: Genus 

Genus lands new $130M nbn contract

by Katie Livingston
June 12, 2025

National essential power and communications infrastructure provider, GenusPlus Group has entered into a new contract with NBN Co to support its...

Image: Milbsie/stock.adobe.com

Green light for Valley of the Winds

by Katie Livingston
June 12, 2025

The State Significant Development (SSD) application for the Valley of the Winds wind farm has been approved by the New...

Image: Kookkii/stock.adobe.com

Report: National body needed to unlock CER benefits

by Katie Livingston
June 12, 2025

Energy Consumers Australia (ECA) has shared a new report, which recommends that a dedicated and enduring national body is needed...

Read our magazine

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.
Energy is a thought-leading, technology-neutral magazine, developed to help the industry answer some of the Energy sector critical questions it is currently grappling with.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Energy

  • About
  • Advertise
  • Subscribe
  • Events
  • Contact
  • Digital Magazine
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • News
  • Spotlight
  • Renewable Energy
  • Electricity
  • Projects
  • Networks
  • Sustainability
  • Gas

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
SUBSCRIBE
  • News
    • Events
  • Features
  • Electricity
  • Gas
  • Renewables
    • Batteries & Storage
    • Hydro Power
    • Hydrogen
    • Solar
    • Wind
  • Smart Energy
  • About
  • Advertise
  • Subscribe
  • Contact
  • Events
  • Newsletter

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited