4 0 obj It was formed in 2011 from the previously state-owned energy retailer/distributor, EnergyAustralia, when the retail division of the company . Since December 2016, the Ausgrid network has been owned in joint partnership by the New South Wales Government, Australian Super and IFM Investors. [5] State Grid Corporation of China was one of the other bidders, in a consortium with Macquarie Infrastructure Real Assets. Increase the capacity for sharing electricity between Victoria and New South Wales, improving the reliability and security of electricity supply for both states. For this reason these meters are also known as flat rate meters. Tax efficiency is enhanced by significantly overgearing the assets. We provide a summary of certain obligations of network operators below, to assist stakeholders. Our directors and executive team have a wealth of combined experience across the energy industry. Ausgrid, Evoenergy, and Essential Energy. In essence we think that offshore buyers may pay significantly less tax than Australian buyers. Western Renewables Link is a critical network upgrade to provide additional capacity to the Western Victoria REZ. Australia is undergoing a once-in-a-generation change towards a net-zero emission future. A community engagement event schedule will be published on our website and other channels early in the new year. endobj The cost of undergrounding is generally much greater compared to overhead lines and would add significantly to a construction timeline. The PSCR seeks feedback and advice on the identified need for new transmission infrastructure. And also note ourlive generation widget,and theAPVI solar contribution. Licence granted to the Endeavour Energy Network Operator Partnership, Licence - to be read in conjunction with below variation. Residents on the Ausgrid energy network should generally be able to choose their own electricity provider. <> On this Wikipedia the language links are at the top of the page across from the article title. SKI owns 15% of the consortium. In response, further analysis is currently being undertaken jointly by AVP and Transgrid to include consideration of alternate VNI West options, connecting to WRL at different points between Mt Prospect and Bulgana, in the next phase of the RIT-T. As part of this additional VNI West RIT-T analysis, we will be consulting with Traditional Owners, communities and local governments in the areas of interest. With multiple tariffs on the Ausgrid network, there is an exhaustive list of pricing information. We have provided links to each network operators licence (and any subsequent variations) below. 8 0 obj 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). Who owns the electricity grid in New South Wales? Alternatively, you can call Ausgrid at any time on 13 13 88. David, AVP and Transgrid are committed to working with stakeholders and communities from an early stage in the RIT-T process to build our understanding of the local context, listen to interests or concerns, and use that information to help to refine transmission line route options. % 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. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. The financial implications of any potential move of the connection location needs to be carefully balanced with the issues raised by local communities. Our Community Partnerships Program benefits areas where our assets are located or under development. The network connects generators, distributors and major end users. <>>> [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. The Ausgrid network covers over 22,000 square kilometres, spanning from Sydney to the Great Dividing Range. On Thursday, the Australian Government, announced that neither State Grid of China nor Cheung Kong Infrastructure would be allowed to bid for the 50.4 per cent of Ausgrid that the State Govt of NSW is selling unless they could address certain concerns. We have never heard any criticism of its interests in regard to national security. For more info: https://t.co/bZtdLPjc9L. Concerned? New smart meters are supplied and installed by your retailers appointed provider, any questions surrounding your smart meter should be directed to your retailer. Some people occasionally get confused about the difference between distributors such as Ausgrid and . This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. VNI will help lower the cost of wholesale electricity across the National Electricity Market. This will provide meaningful opportunity for stakeholder and community engagement on values, opportunities and constraints before a final decision on connection location is made at the time the RIT-T is concluded, and the Project Assessment Conclusions Report (PACR) is published. We engage with the public to safely manage works that take place near our assets. 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. 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. While undergrounding the entirety of VNI West is not viewed as a realistic option given the cost and timeframe implications, short sections of undergrounding might be considered in exceptional circumstances as part of the ultimate route design. 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. Please note our new section,Energy Markets,which will include analysis from Leitch on the energy markets and broader energy issues. [citation needed], "Treasurer blocks sale of Ausgrid to Chinese, Hong Kong bidders", "Treasurer Scott Morrison blocks sale of Ausgrid to foreign bidders", "Ausgrid sale: Baird Government sells half to Australian firms for $16 billion", "Police intervene in stand-off between Ausgrid and angry Penhurst residents", "March of the tall grey poles has residents fuming", Electricity Commission of New South Wales, EnergyAustralia (state government enterprise), Sydney County Council (Sydney Electricity), List of power stations in New South Wales, https://en.wikipedia.org/w/index.php?title=Ausgrid&oldid=1111334623, Government-owned companies of New South Wales, Electric power distribution network operators in Australia, Articles with unsourced statements from April 2022, Creative Commons Attribution-ShareAlike License 3.0, Richard Gross (CEO) We note that in Australia CKI is the majority owner and operator of the wires and poles in South Australia (with the listed stapled security Spark Infrastrucure [SKI]), is the majority owner and operator of two of Victorias distribution businesses (Citipower and Powercor) again with its partner SKI, owns 100% of the gas transmission and distribution business Envestra [ENV]. Each conductor is connected to a string of insulators that either suspend or terminate the conductor at the structure. You will also need to make an application to Ausgrid if you wish to install a solar PV system at your property. AVP and Transgrid have received feedback during the RIT-T process to consider undergrounding of transmission lines to mitigate specific impacts including visual amenity and bushfire risk. The key difference between a switching station and substation is that a power transformer is not installed at the switching station. 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. Like the Transgrid process before it, the State would retain the legal ownership of Ausgrid's network assets. I am hoping that the aer wins the appeal. Customers in the Parramatta, Penrith, Lithgow, Richmond, Wollongong, Moss Vale or Nowra regions are connected on theEndeavour Energy network, while customers west of Bathurst and Goulburn, south of Batemans Bay and north of Dungog are connected to theEssential Energy network. This includes gathering Traditional Owners, Registered Aboriginal Parties, community and stakeholder feedback and land surveys. A more technical question on the gamma allowance. Transgrid operates the major high voltage electricity transmission network in NSW and the ACT, and is part of the National Electricity Market (NEM). Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Below we have listed some of the cheapest electricity prices in New South Wales on the Ausgrid network. 9 0 obj Whether the AER was entitled to calculate interest rate revenue allowances in the way it did (using a ten year forward looking moving average). Ausgrid has a selection of tariff options for energy customers in New South Wales, each of which outline different connection charges and metering for homes and businesses. Central West Orana REZ Mt Piper to Wallerawang Transmission Network Project. endobj Pollution Incident Response Management Plans, 134 (W) x 164 (Height with standard terminal cover) x 59 (D), 166 (W) x 210 (Height with standard terminal cover) x 74 (D), PRI-Sprint Whole Current PRW Electronic Meter. However, having paid our $50 to get a copy of the AERs filing of 24 March, we now think they may have more of a chance. Any faulty or fallen powerlines spotted on the central-east coast of NSW should also be raised with Ausgrid. We are currently undertaking this work and its likely a decision will be made early in 2023, following further consultation. 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. Route selection will be finalised after the regulatory test for this project is completed, and in close consultation with stakeholders and communities. 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 and industry. [5] The consortium consists of two Australian entitiesSpark Infrastructure (15%), the Utilities Trust of Australia fund (20%) together with the Canadian pension fund Caisse de depot et placement du Quebec (25%) and two Middle Eastern sovereign wealth fundsthe Abu Dhabi Investment Authority (20%) and the Kuwait Investment Authority (20%). A six week period of public feedback followed the PADR publication, which closed on 9 September 2022. As always, check all details of any plan directly with the retailer before making a purchase decision. For information regarding the other functions and services provided by smart meters, please contact your retailer. [1], Transgrid began as the trading name of the Electricity Transmission Authority which was established on 1 February 1995 as a statutory authority under the Electricity Transmission Authority Act 1994, as part of the break-up of the Electricity Commission of New South Wales. Ausnet owns and operates Victorias electricity transmission business, is one of 5 electricity distribution operators in Victoria and also owns one of the gas distribution businesses in Victoria. Wednesday 10 August 2022 information session, Thursday 25 August 2022 information session. For this reason, these meters are also known as time of use meters. 255 (H) x 170 (W) x 63 (D) OR 273 (H) x 170 (W) x 63 (D) with an optional external hook. 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. You can find the meter dimensions listed below. AGL, Origin). The actual route for any of the options has not yet been determined. There are routine meetings with councils and in the new year, we will be providing more details on further opportunities for stakeholders to share their insights and feedback on VNI West connection locations to WRL. 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= <> Targeted interconnector expansion between these . Our crew are working to safely restore power. The difference in revenue between TransGrid's revised proposal and our final decision is mostly driven by our forecast of capital expenditure (capex). That information is then sent to our systems, validated and then sent to your electricity retailer so they can calculate your bill. Its fair to say, in our view, that CKIs Australian assets have been the most efficiently run in the NEM, as judged by the AER. The PADR submission phase is designed to receive feedback from stakeholders, including community, on the proposed preferred option. While visual amenity impacts and bushfire risk are reduced, undergrounding raises its own suite of issues: for example, disturbance to flora and fauna, and archaeological sites, and increased impact on land use (the land above an underground power line may not be able to be used for some farming activity). These are products from referral partners. VNI West PADR options: with a potential uprating to 500kV for the WRL Mount Prospect to Bulgana section, 2. This work is part of the RIT-T framework for VNI West. Ausgrid is an electricity distribution company which owns, maintains and operates the electrical networks supplying 1.8 million customers servicing more than 4 million people in Sydney, the Central Coast and Hunter regions of New South Wales, Australia. endobj We are also working with AusNet as investigations are underway into alternative locations for VNI West connections and its potential impact on WRL. Our database may not cover all deals in your area. Reliability and performance licence conditions - SUPERSEDED, Licence granted to the NSW Electricity Networks Operations Pty Limited, Minister's variation Signed by the Minister on 29 November 2017. While you should only need to contact Ausgrid on rare occasions, it is worth keeping these numbers handy just in case you spot a fallen power line or anything goes wrong with your power supply. SGC was likely to have paid a higher price than anyone else. SGC owns 19.9% of listed stapled security Ausnet. Having read the AERs grounds for appeal, we think it would be very foolish to write off the chances of the appeal succeeding. Reliability and security of electricity supply for both states decision will be made early the. Capacity for sharing electricity between Victoria and New South Wales on the Ausgrid,. Of undergrounding is generally much greater compared to overhead lines and would add significantly to a construction.! And its potential impact on WRL to each network operators licence ( and any subsequent variations ) below will... Piper to Wallerawang transmission network Project certain obligations of network operators licence ( and any subsequent variations ).! 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