AGL endorses the AEMC's draft determination, which empowers the Australian Energy Regulator to conduct separate, targeted ex post reviews on capital expenditure for both Integrated System Plan (ISP) and non-ISP projects. This approach is intended to prevent Transmission Network Service Providers from charging consumers for inefficient capex overspends and ensure cost recovery is equitable and does not impact energy affordability. AGL recognises the critical role of new transmission infrastructure in Australia's transition to Net Zero by 2050 and supports measures that enhance regulatory flexibility and protect consumers from inefficient expenditures.

Read the full submission here.