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Electricity (2016) and Gas (2022) licence fee methodologies

Document Cited in Related
Vincent
Published date04 August 2022
Year2022
Energy SectorCorporate
1
Electricity Methodology (2016) –
Decision paper
Electricity licence fees for each category of licence will be calculated in
accordance with the following methodology
Subject to the payment by all electricity licence holders of a minimum annual fee in
respect of each licence held by them – one-third of the Utility Regulator’s electricity
regulatory costs will be charged to the holders of generation licences (the
generation amount), one-third to the holders of transmission and distribution
licences (the network amount), and one-third to the holders of electricity supply
licences (the retail amount).
The total of electricity regulatory costs to be recovered in any financial year is
defined as:
(a) the amount of the Utility Regulator’s estimate of its costs which will be
associated with the regulation of the electricity industry (including relevant
costs associated with the Single Electricity Market) in the current financial
year;
minus
(b) the amount of the Utility Regulator’s estimate of fees which will be received
in the current financial year:
(i) in respect of applications for licences or extensions of licences;

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