Notified Electricity Prices 2010-11
Final Decision
The Authority released its Final Decision on the 2010-11 BRCI on 28 May 2010.
In its Final Decision, the Authority estimates that the change in the BRCI between 2009‑10 and 2010‑11 will be 13.29%. This compares with an increase of 13.83% estimated at the time of the Authority’s Draft Decision in December 2009.
The increase in the BRCI for 2010-11 comprises:
- an increase in transmission and distribution costs of 17.4%, reflecting the ongoing significant investment in Queensland’s distribution networks approved by the Australian Energy Regulator. As these network costs account for around 47% of total costs, they contribute 8.21 percentage points to the change in the BRCI (61% of the total increase);
- an increase in energy costs of 8.7%, reflecting the impact of rising coal and gas costs on generation costs and higher energy market prices. As energy costs account for around 44% of total costs, they contribute 3.81 percentage points to the change in the BRCI (29% of the total increase); and
- an increase in retail costs of 13.7%, reflecting a significant increase in estimates of customer acquisition and retention costs. As retail costs account for around 9% of total costs, they contribute 1.27 percentage points to the change in the BRCI (10% of the total increase).
The Authority has applied the change in the BRCI to the existing notified prices to arrive at notified prices to apply from 1 July 2010. New notified prices were published in the Queensland Government Gazette on 28 May 2010.
The Final Decision, the consultant’s reports, associated cost of energy modelling data and the Gazette Notice of the new notified prices for 2010-11 can be accessed below.
Decision/Recommendation
Reports/Papers
Supporting Data
