PIAC responded to the AER on its proposed approach for its review of the rate of return guidelines. PIAC supports the AER’s proposed approach and commends the AER’s focus on fostering the development of informed consumer perspectives to contribute to this review. As reinforced by the National Electricity Objective, the long term interest of consumers is central to any regulatory decisions. Consumer impacts must, therefore, remain front of mind in any discussion regarding the process and method for regulatory determinations. In particular, PIAC supports the establishment of a consumer reference group, a sub-panel of the Consumer Challenge Panel and workshops to train and upskill consumer advocates for this review.
