Revenue adjustment

Status
In progress

Aurizon Network operates under a revenue cap regime, where any over- or under-recovery of its approved revenues in any given year is returned (recouped) through a reference tariff adjustment two years later. The adjustment is referred to as a revenue adjustment amount.

Revenue adjustment amounts 2021–22

Aurizon Network submitted its revenue adjustment application for 2021–22 on 4 November 2022.

The revenue adjustment proposal seeks a net recovery from access holders of $44.6 million for 2021–22 that, if approved, will adjust the second year (2023–24) central Queensland coal network’s allowable revenues and the system reference tariffs.

We are seeking submissions on Aurizon Network’s proposal.

Submissions close on 5 December 2022.

Aurizon Network’s application is available for download below.

 

Date Action
4 November 2022 Aurizon Network submitted its 2021–22 revenue adjustment proposal
7 November 2022 We published Aurizon Network’s proposal and invited stakeholder submissions
5 December 2022 Submissions due

Report and papers

Title Document
04 November 2022 Submission Aurizon Network – Revenue adjustment amounts 2021-22 submission – final pdf, 910.56 Kb

Revenue adjustment amounts 2020–21

On 16 December 2021, we approved Aurizon Network’s 2020-21 revenue adjustment amounts, submitted on 28 October 2021. The revenue adjustment is a net return of $17.7 million to the Central Queensland coal network.

Our decision and Aurizon Network’s application is now available for download below.

 

Date Action
28 October 2021 Aurizon Network submitted its 2020–21 revenue adjustment proposal
3 November 2021 We published Aurizon Network’s proposal and invited stakeholder submissions
25 November 2021 Submissions closed
16 December 2021 We approved and published our decision

Report and papers

Title Document
16 December 2021 Final report QCA – 2020-21 revenue adjustment amounts Aurizon Network – letter and decision (FINAL).pdf pdf, 406.62 Kb
28 October 2021 Submission Aurizon Network – 2020-21 revenue adjustment amounts pdf, 1.37 Mb

Revenue adjustment amounts 2019–20

On 30 October 2020, Aurizon Network submitted revenue adjustment amounts for 2019–20 on the Central Queensland coal network, proposing a net recovery from access holders of $3.0 million.

Stakeholders were invited to make submissions on this proposal.

Submissions closed on 3 December 2020. No submissions were received.

On 17 December 2020, we made a final decision to approve the 2019-20 revenue adjustment application.

 

 

Date Action
30 October 2020 Aurizon Network submitted its 2019–20 revenue adjustment proposal
4 November 2020 We published Aurizon Network’s proposal and invited stakeholder submissions
3 December 2020 Stakeholders’ submissions closed. No submissions received.
17 December 2020 Final decision

Report and papers

Title Document
17 December 2020 Final report QCA – Final Decision 2019-20 Revenue Adjustment Amounts pdf, 399.88 Kb
04 November 2020 Submission Aurizon Network – revenue adjustment amounts 2019-20 pdf, 815.23 Kb

Revenue adjustment amounts 2018–19

On 27 September 2019, Aurizon Network submitted revenue adjustment amounts for 2018–19 to us, proposing a net return to access holders of $11.9 million.

We invited submissions from stakeholders on this proposal, due on 31 October 2019. No comments were received.

On 25 November 2019, we made a final decision to approve the 2018-19 revenue adjustment application.

Details of this decision and Aurizon Network’s submission are available below.

 

Date Action
27 September 2019 Aurizon Network submitted its 2018–19 revenue adjustment proposal
3 October 2019 We published Aurizon Network’s proposal and invited stakeholder submissions
31 October 2019 Stakeholders’ submissions closed. No submissions received.
25 November 2019 Final decision

Report and papers

Title Document
26 November 2019 Final report QCA – Final Decision 2018-19 Revenue Adjustment Amounts pdf, 2.16 Mb
03 October 2019 Submission Aurizon Network – 2018-19 Revenue Adjustment Amount submission pdf, 1.29 Mb

Revenue adjustment amounts 2017–18

We applied the 2016 access undertaking process (UT4) in assessing this submission in accordance with the transitional provisions. The 2017 access undertaking (UT5) came into effect on 21 February 2019.

2017-18 Revenue adjustment amounts