Reference Tariff Policy Sample Clauses
Reference Tariff Policy. General 12
4.1. Determination of Reference Tariffs 12 4.2. Assignment of Haulage Reference Tariffs 12 4.3. Reference Tariff Variation Mechanism 13 4.4. Reference Tariff Control Formulae 13 4.5. Procedure for a Variation in Reference Tariffs 14 4.6. Procedure for Routine Variations in Reference Tariffs 21 4.7. Fixed Principles 21 4.8. Notice to Users 22 4.9. New Tariff Schedule 22 4.10. AER’s Decision is Conclusive 22 4.11. Default Tariffs for the Seventh Access Arrangement Period 23 4.12. Treatment of Capital Expenditure in January 2022 to June 2023 23 4.13. Depreciation for establishing the Capital Base as at 1 July 2028 23
Reference Tariff Policy. Section 6 of Part B sets out various matters about access to Pipeline Services that the Service Provider has included in this Access Arrangement:
(a) CPI-X Price Path
(b) Non-Conforming Capital Expenditure (c) Speculative Capital Expenditure Account (d) Incentive Mechanism
Reference Tariff Policy. In this section 3.2, unless stated otherwise, a reference to the percentage change in the CPI is a reference to the percentage change between the March quarter CPI in the then current year and the March quarter CPI in the previous year.
Reference Tariff Policy. When compared to the current Access Arrangement JGN have proposed a number changes. Some of these changes are positive as they reduce the administrative burden for both Users and JGN. However, a number of changes will result in increased costs for customers. EnergyAustralia does not support the introduction of a minimum aggregate charge for demand customers. JGN justifes its introduction on the basis of a “perverse pricing incentive” caused by the disconnect between different pricing methodologies. The result of the proposed minimum aggregate charge which JGN proposed is a real “perverse pricing incentive” as opposed the one that JGN perceives exists. The timeframes proposed by JGN for amendments to both the Reference Services Agreement and Haulage Reference ▇▇▇▇▇▇▇, Haulage Reference Components and Tariff Classes are insufficient. As the Agreement is written changes can be made to the Reference Services Agreement without the requirement for negotiation with the User. The timeframe JGN affords the AER to approve the amendment is insufficient to allow it adequate consultation with users. EnergyAustralia also believes JGN should be required to give additional notice beyond that currently allowed for when making structural changes to its tariffs in order to ensure Users have an adequate lead time to reflect these changes. JGN have proposed significant changes to their Tariff Variation Mechanism. The use of a weighted average price cap (WAPC) formula as the basis for the tariff variation is consistent with that used in other jurisdictions. Included as part of the price cap within the WAPC formula are the UAG adjustment, a weather adjustment as well as pass through events. JGN’s proposal around the UAG adjustment requires modification as the proposal allows them cost recovery for a 10% increase in UAG levels from historic levels. For the purposes of this submission, capitalised terms have the same meaning as they are given in the Access Arrangement and in the Agreement.
Reference Tariff Policy. General 13 5. Reference Tariff Policy – Incentive Mechanisms 25 6. Terms and Conditions 32 7. Capacity Trading 37 8. Network Extensions and Expansions 39 9. Speculative Capital Expenditure 42 10. Review of the Access Arrangement 43
Reference Tariff Policy. General 14