Final Project Assessment Report – Summary
Regulatory Investment Test – Distribution – June 2026
AusNet has initiated this Regulatory Investment Test for Distribution (RIT-D) to investigate and evaluate options to efficiently maintain a reliable supply of power to the customers in the Beveridge area as the forecast demand exceeds the capacity of two 22kV distribution feeders Kalkallo14 and Kalkallo24 (KLO14 & KLO24), that currently supplies the load in the area.
On the 24th October 2025, AusNet published an Options Screening Report (OSR) marking the first step in the RIT-D consultation process, in line with clause 5.17.4(b) of the National Electricity Rules (NER) published by the Australian Energy Market Commission (AEMC), and section 4.2 of the RIT-D Application Guidelines, published by the Australian Energy Regulator (AER). AusNet received no submissions or alternative, non-network or SAPS proposals during the consultation period on the OSR.
On the 24th March 2026, AusNet published a Draft Project Assessment Report (DPAR) marking the second step in the RIT-D consultation process, in line with clause 5.17.4(i) of the NER, and section 4.3 of the RIT-D Application Guidelines. AusNet received no submissions during the consultation period on the DPAR.
AusNet is now publishing this Final Project Assessment Report (FPAR) marking the final step in the RIT-D consultation process, in line with clause 5.17.4(o) of the NER version 243, and section 4.4 of the RIT-D Application Guidelines.
The preferred solution is to establish Beveridge new zone substation and two new distribution feeders. The estimated capital cost of the preferred option is $92.7 million (real, $2025).
In accordance with the provisions set out in clause 5.17.5(c) of the NER, Registered Participants or interested parties may, within 30 days after the publication of this report, dispute the conclusions made by AusNet in this report with the AER.
Accordingly, Registered Participants and interested parties who wish to dispute the recommendation outlined in this report must do so by 04th July 2026. Any parties raising such a dispute are also required to notify to AusNet at [email protected]
In the subject field, please reference ‘RIT-D FPAR Beveridge’.
If no formal dispute is raised, AusNet will commence with the investment activities necessary to proceed with the implementation of the preferred option from 04th July 2026 onwards.