The Independent Pricing and Regulatory Tribunal - IPART today released a final report which determines increases in regulated gas prices for small gas customers in New South Wales over the next 3 years. Regulated retail tariffs for gas customers include a network and retail component. The network component, which represents about 50 per cent of a customer’s bill, is determined by the Australian Energy Regulator (AER). As a result of the AER’s recent final decision network charges for most small retail customers will increase by more than was anticipated when we released our draft report. Network charges will increase by more than CPI over the next 3 years.
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