Our Transmission Revenue Reset (TRR) proposal outlines our future plans and costs for our transmission network for 2027-2032. We submitted our proposal to the AER on 31 October 2025. It is currently being reviewed by the AER. Following a public consultation process, the AER will publish their draft decision on our proposal on 31 June 2026. We will then have an opportunity to submit a revised, final proposal before the AER makes its final decision and the new regulatory arrangements take effect on 1 April 2027.

Our transmission network

We are responsible for keeping the transmission network reliable and safe. Therefore, our TRR proposal will focus on the costs and revenues needed to manage non-contestable transmission projects and infrastructure in a manner that is consistent with customers' long-term interests.

Our customers, their representatives and other interested parties are encouraged to provide feedback and submissions.

As operator of the Victoria electricity transmission network, we transport electricity from large coal, gas and renewable generators across Victoria and interstate, to terminal stations that supply large customers and the distribution networks. Those networks then deliver the electricity to households and businesses.