AER suspends the MIC component of STIPS following review
On Thursday 17th April 2025, the AER published its Final Decision on the Service Target Performance Incentive Scheme (STIPS) for transmission companies.
2025-04-17 AER review of STIPS for TNSPs
In April 2023, the AER completed a review of all of the incentive schemes that it applies to network service providers. The review found that the service component of the service target performance incentive scheme STPIS remains fit for purpose, but that the market impact and network capability components are not working as intended.
The AER committed to commencing a review of market impact and network capability components of the STPIS at the end of 2023.
This was completed with Final Decision published Thu 17th April 2025.