EAGA secures millions in savings for councils
The Australian Energy Regulator (AER) has just handed down its final decision for the 2016-20 Electricity Distribution Price Review (EDPR). Our assessment of the final determination documents indicate that the AER have rejected the recommendations put forward in our second submission to the regulatory process. Whilst this is disappointing, the savings generated for councils through our first submission to the EDPR still stand:
- The state’s 79 municipalities will save $22M in reduced public lighting operation, maintenance and replacement (OMR) costs in the next five years
- Total savings across the EAGA region are estimated at $0.37M for the next 5 years
- Total savings across the NAGA region are estimated at $1.5 million for 2016, and $7.5 million for the next 5 years
- The proposal to move dedicated public lights to a ‘negotiated framework’ was rejected by the AER (on the request of councils)
- The overall return on investment for the advocacy work is 220,000%
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