QCOSS has submitted a draft to the Regulatory Proposal for the Energex and Ergon distribution networks.
QCOSS welcomes the forecasted fall in distribution tariffs by Energy Queensland in its draft Plan – of 10 per cent on 1 July 2020. However, contends that there are three main factors which impact on and put upward pressures on these price forecasts over the next regulatory period. That is why every effort must be made as part of this revenue determination to find cost savings and put downward pressure on distribution prices. These factors include the cost of debt which is at a historical low rate; the accuracy of demand forecasts; and the exclusion of the costs of the solar bonus scheme.
