2011 Electric Charge Variation
QR Network has a multi-part tariff that recoups the cost of its below-rail network, including the overhead electric infrastructure and the electricity supplied through that network to electric locomotives. The cost of electricity supplied to the operators of electric locomotives is passed through in the Electric Charge (EC) component of the reference tariff.
QR Network has sought to increase the EC reference tariff for coal train services in central Queensland by around 13%. QR Network advised the rise was largely due to increased environmental charges that have been passed on by its electricity retailer.
QR Network has applied to increase the EC reference tariff as an endorsed variation event, in accordance with clause 2.2 of schedule F, Part A of QR Network's 2010 access undertaking. The access undertaking provides for the Authority to approve the variation in the EC reference tariff if it is satisfied the change in the cost has occurred, it will increase the tariff by more than 2.5%, and QR Network has correctly calculated the effect of the cost increase on the tariff.
As the Authority was satisfied these requirements were met, on 19 May 2011 the Authority approved the application to increase the EC tariff. Accordingly, the new approved reference tariffs are now $0.77/'000egtk for 2010-11, $0.80/'000egtk for 2011-12, and $0.88/'000egtk for 2012-13.
Decision / Recommendation
