The maximum prices for the supply of electricity to tariff customers and for
certain electrical services in Tasmania are currently set by the Regulator in a
Determination made in December 2003. That Determination will expire on 31
December 2007.
The draft Terms of Reference for the 2007 Investigation proposes that the next
determination of distribution prices will have a term of four and a half years,
that is, until 30 June 2012. To assist in understanding the financial impacts
of any determination, Aurora Energy's capital expenditure and operating and
maintenance costs will be considered in the context of its long-term asset
management strategy.
The Regulator is seeking proposals to undertake a consultancy to provide an
opinion on whether the proposed capital, maintenance and operating programs of
Aurora Energy are appropriate and adequate, and to recommend expenditure
allowances for Aurora Energy.