On 31 May 2011, the QCA released its final decision on notified electricity prices for 2011-12.
The QCA calculated prices would increase by 6.60% between 2010–11 and 2011–12, compared to an estimated increase of 5.83% at the time of its draft decision.
The increase in prices would have been 8.31% had it not been for a decision by the Queensland Government to limit the amount of revenue it would allow Energex and Ergon Energy to collect in 2011–12 as a result of a decision by the Australian Competition Tribunal.
The final decision, consultant’s reports, modelling data and the Gazette notice of 2011–12 notified prices can be accessed below.
On 17 December 2010, the QCA released its draft decision on the 2011-12 BRCI.
The QCA applied the same framework it has used in previous BRCI decisions, and the draft increase in electricity prices for 2011-12 was 5.83%. Changes to the federal government’s Renewable Energy Target (RET) scheme accounted for 2.91 percentage points of the increase.
Submissions closed on 11 February 2011.
The draft decision, ACIL’s cost of energy draft report, supporting data files and submissions can be downloaded below.
On 23 September 2010, we released an interim consultation notice in relation to the 2011-12 BRCI seeking submissions from interested parties. Submissions closed on 11 October 2010.
On 21 September 2010, the Minister for Natural Resources, Mines and Energy and Minister for Trade issued a certificate of delegation to the QCA requesting that it undertake the Benchmark Retail Cost Index (BRCI) process for 2011-12. The certificate of delegation can be accessed below.
Report and papers
|16 May 2011||Final report||QCA Final Decision re BRCI for Notified Prices 2011-12||pdf, 929.06 Kb|
|16 May 2011||Notice||Gazette Notice re Notified Prices 2011 12||pdf, 255.62 Kb|
|16 May 2011||Consultant report||ACIL Final Report re Calculation of Energy Costs in the BRCI for 2011-12||pdf, 1.66 Mb|
|21 May 2011||Consultant report||ACIL Energy purchase cost hedging cost dataset Half hourly contract volumes and prices for 2011||xlsx, 987.89 Kb|
|21 May 2011||Consultant report||ACIL Energy purchase cost NEM load dataset Half hourly load and price traces for 2011-12||xlsx, 2.63 Mb|
|21 May 2011||Consultant report||ACIL – LRMC load dataset – Half hourly load for 2010||xlsx, 863.47 Kb|
|15 December 2010||Draft report||QCA Draft Decision re BRCI for Electricity 2011 12||pdf, 508.79 Kb|
|16 December 2010||Consultant report||ACIL Draft Report Calculation of Energy Costs in the BRCI for 2011-12||pdf, 1.58 Mb|
|21 December 2010||Consultant report||ACIL Energy purchase cost hedging cost dataset Half hourly contract volumes and prices for 2011||xls, 2.80 Mb|
|21 December 2010||Consultant report||ACIL Energy purchase cost NEM load dataset Half hourly load and price traces for 2011-12||xls, 7.56 Mb|
|21 December 2010||Consultant report||ACIL LRMC load dataset Half hourly load for 2010||xls, 1.99 Mb|
|21 February 2011||Submission||AGL||pdf, 508.10 Kb|
|21 February 2011||Submission||Australia Power and Gas||pdf, 322.71 Kb|
|21 February 2011||Submission||Chamber of Commerce and Industry Queensland||pdf, 1.11 Mb|
|21 February 2011||Submission||EnergyAustralia||pdf, 1.94 Mb|
|21 February 2011||Submission||Origin Energy||pdf, 156.90 Kb|
|21 February 2011||Submission||QCOSS||pdf, 336.92 Kb|
|21 February 2011||Submission||Queensland Consumers Association||pdf, 42.83 Kb|
|21 February 2011||Submission||Queensland Government||pdf, 2.10 Mb|
|21 February 2011||Submission||TRUenergy||pdf, 1.76 Mb|
|15 September 2010||Notice||QCA Interim Consultation Notice re BRCI for 2011-12||pdf, 116.13 Kb|
|15 October 2010||Submission||AGL Submission re BRCI for 2011-12||pdf, 499.57 Kb|
|15 October 2010||Submission||Energy Australia Submission re BRCI for 2011-12||pdf, 1.47 Mb|
|15 October 2010||Submission||Integral Energy Submission re BRCI for 2011-12||pdf, 67.68 Kb|
|15 October 2010||Submission||Origin Energy Submission re BRCI for 2011-12||pdf, 417.15 Kb|
|15 October 2010||Submission||Qld Consumers Association Submission re BRCI for 2011-12||pdf, 55.36 Kb|
|15 October 2010||Submission||Qld Council of Social Service Submission re BRCI for 2011-12||pdf, 195.63 Kb|
|15 October 2010||Submission||Qld Government Submission re BRCI for 2011-12||pdf, 188.66 Kb|
|15 October 2010||Submission||TRUenergy Submission re BRCI for 2011-12||pdf, 42.22 Kb|