Amendments to IMs for EDBs – to account for shifted revenue

We are currently amending the EDB IMs to account for shifted revenue when transitioning to a customised price path (CPP). 

The identified potential IM amendment relates to:

• When setting a default price path (DPP), we may determine “alternate X-factors” to defer revenue from earlier years of the DPP to the later years for the purpose of mitigating price shocks to consumers. Under the current IMs, this DPP deferred revenue is permanently foregone should an EDB transition to a CPP from a DPP.
• A potential IM amendment would explicitly provide EDBs an avenue to recover revenue deferred under a DPP when they move to a CPP.