Verlorene Einnahmen durch regulatorische Verlagering von Ausfallrisiko auf Verbraucher
Definition
Gas networks in Australia have systematically over-forecasted costs and under-forecasted demand, yielding AUD 1.8 billion in excess profits. Now facing potential asset stranding from electrification, networks propose accelerated depreciation and regulatory reform to shift losses to captive consumers. Bad debt write-offs represent uncompensated revenue leakage.
Key Findings
- Financial Impact: AUD 1.8 billion in supernormal profits extracted 2014-2022 due to under-forecasting errors (IEEFA/AER data). Ongoing: Bad debt leakage rising faster than regulatory allowances. Victorian networks approved for AUD 333 million in accelerated depreciation charges (passed to consumers). Estimated AUD 100-200 million annual revenue leakage from unrecovered bad debts.
- Frequency: Recurring annually; accelerating as gas demand declines
- Root Cause: Weak AER oversight of network forecasting; price-cap regulation creates incentive to under-forecast costs; no mechanism to clawback supernormal profits; regulatory asymmetry favors networks on asset risk allocation.
Why This Matters
The Pitch: Australian gas networks have already extracted AUD 1.8 billion in supernormal profits (2014-2022) due to forecasting errors and demand upside. Rising bad debts now threaten revenue models; networks seek regulatory changes to pass costs to consumers. Predictive debt modeling prevents revenue leakage and regulatory disputes.
Affected Stakeholders
Network Regulatory Affairs, Finance/Planning Teams, AER Submission Teams
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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
Verzögerte Zahlungseinzüge und steigende Forderungsausfälle
Regulatorische Bußgelder für fehlerhafte Kundenkommunikation und Vulnerable-Customer-Verstoße
Pipeline Damage & Excavation Safety Non-Compliance Penalties
Emergency Response & Repair Cost Escalation
Before You Dig Processing Delays & Excavation Bottlenecks
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