The Australian Energy Regulator (AER) has made its final decision on Essential Energy’s electricity determination for the 2024-29 period.
The AER accepted Essential Energy’s expenditure plans for the next five years which were informed and supported by our customers, while also considering the impact of external factors on Essential Energy’s revenue including increases to interest rates and inflation.
Investing in the future
A key focus will be building the network for the future through new systems to further enable increasing levels of consumer energy resources, such as rooftop solar. This is in addition to investing in resilience to support the economic growth of our 1,500 regional, rural and remote communities. These investments include composite poles, providing a portable community hub, portable streetlights and stand-alone power systems for use during significant weather and network events, as well as the installation of standalone power systems and microgrids on the network.
We are transforming our business to adapt to the future, while continuing to deliver on customers’ priorities around safety, reliability, and affordability. We want to ensure that our network is both resilient and flexible enough to accommodate new and emerging technologies.
The Australian Energy Regulator (AER) has made its final decision on Essential Energy’s electricity determination for the 2024-29 period.
The AER accepted Essential Energy’s expenditure plans for the next five years which were informed and supported by our customers, while also considering the impact of external factors on Essential Energy’s revenue including increases to interest rates and inflation.
Investing in the future
A key focus will be building the network for the future through new systems to further enable increasing levels of consumer energy resources, such as rooftop solar. This is in addition to investing in resilience to support the economic growth of our 1,500 regional, rural and remote communities. These investments include composite poles, providing a portable community hub, portable streetlights and stand-alone power systems for use during significant weather and network events, as well as the installation of standalone power systems and microgrids on the network.
We are transforming our business to adapt to the future, while continuing to deliver on customers’ priorities around safety, reliability, and affordability. We want to ensure that our network is both resilient and flexible enough to accommodate new and emerging technologies.