Victorian gas distributors – Multinet Gas, Australian Gas Networks and AusNet Services – are exploring new incentive arrangements to drive efficient and innovative gas network investment.

The Energy Networks Association (ENA) believes there is a clear opportunity to promote the long-term interests of gas customers by improving investment incentives for gas networks.

ENA Chief Executive Officer, John Bradley, said energy networks support incentive-based mechanisms to promote efficient network expenditure and lower customer costs.

“Victorian gas distributors are consulting on potential changes to incentive mechanisms they could propose to the Australian Energy Regulator (AER) for their forthcoming access arrangements period,” Mr Bradley said.