RRO Audit Costs
Definition
Entities bear direct financial burden of AER audits triggered by NCP reporting issues, including data provision and independent auditor approvals.
Key Findings
- Financial Impact: AUD 20,000-100,000 per AER compliance audit (recoverable costs per regulated entity)
- Frequency: Ongoing; triggered post-NCP submission if AER assesses non-compliance
- Root Cause: Inadequate internal compliance systems, failure to maintain records for firmness methodologies
Why This Matters
The Pitch: Power transmission firms in Australia incur AUD 20,000-100,000 per RRO audit. Automation of compliance monitoring recovers these avoidable costs.
Affected Stakeholders
Finance Director, Internal Audit Team, Legal Counsel
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
RRO Compliance Penalties
PoLR Designation Losses
Incident Response Remediation Costs
Operational Downtime from Cyber Events
Capacity Loss from Failed Demand Response Events
Delayed Verification and Payment Drag in DR Administration
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