The performance of electricity poles and wires is improving across the National Electricity Market (NEM) and consumers are now paying less for the transportation of electricity, a new report from the Australian Energy Regulator (AER) shows.
AER Chair Clare Savage said the 2020 Electricity Network Performance Report indicated that network performance was improving over time. ‘We welcome these findings that demonstrate consumers are getting a more reliable supply of electricity and the amount they pay for network services has generally declined since 2015,’ Ms Savage said.
‘Sufficient network returns are also important to attract investment and our analysis of recent market evidence and asset sales suggests that regulated energy networks are still regarded as attractive investments.’
The report presents analysis of the performance of transmission and distribution electricity networks across a core set of measures, including profitability.