Jeremy Rothfield

Jeremy is an accomplished economist who specializes in the analysis of the rate of return on debt, the rate of return on equity, and the valuation of imputation credits.

SUBMISSIONS PREPARED BY JEREMY ROTHFIELD (LEAD OR SOLE AUTHOR) IN CHRONOLOGICAL ORDER

Submission by United Energy to the Australian Energy Regulator (AER) regarding: Explanatory statement. Proposed amendment, Service target performance incentive scheme. Electricity distribution network service providers, September 2009. Prepared 30th October 2009.
Appendix to Regulatory Proposal for United Energy Distribution, 2011 to 2015: ECM and EBSS Supplementary Material. Prepared 30th November 2009.
Appendix to Regulatory Proposal for United Energy Distribution, 2011 to 2015: Closing out the ESCV S-Factor Scheme. Prepared 30th November 2009.
Appendix to Regulatory Proposal for United Energy Distribution, 2011 to 2015: The approach proposed by UED for application of the STPIS (Service Target Performance Incentive Scheme). Prepared 30th November 2009.
Preliminary findings of the review into the use of total factor productivity for the determination of revenues and prices. Submission to the AEMC by United Energy Distribution and Multinet Gas; 26th February 2010.
Submission to the AER regarding: United Energy Distribution – Guaranteed Service Level (GSL) Payment Obligations for the 2011 to 2015 regulatory control period. Prepared 30th March 2010.
National Electricity Amendment (Scale Efficient Network Extensions) Rule 2010. Submission to the rule change consultation by United Energy Distribution; 17th May 2010.
Response to AEMC questions about the recovery of transmission connection charges and other costs. Submission on behalf of the Victorian electricity distributors; prepared by Jeremy Rothfield, United Energy Distribution; 3rd September 2010.
UED submission on proposed Rule for recovery of transmission related charges on behalf of the Victorian Distribution Network Service Providers: ERC0114; prepared by Jeremy Rothfield, 8th October 2010.
Submission by United Energy and Multinet Gas to AEMC Discussion Paper, Strategic Priorities for Energy Market Development, 2011; 20th May 2011.
National Electricity Amendment (Network Support Payments and Avoided TUOS for Embedded Generators) Rule 2011, Submission by United Energy; 21st July 2011.
Joint submission regarding: Draft National Electricity Amendment (Network Support Payments and Avoided TUOS for Embedded Generators) Rule 2011; prepared by Jeremy Rothfield on behalf of SP AusNet and United Energy; 11th November 2011.
United Energy submission to the AER on the F-factor scheme: Previously unrecorded fires that are now covered by the Order. Response to the Draft Determinations and Explanatory Statement for the Draft Determinations, F‑factor scheme determinations 2012-15 for Victorian electricity distribution network service providers. Prepared by Jeremy Rothfield, 18th November 2011.
Supplementary submissions on the F-factor draft determination by United Energy, prepared by Jeremy Rothfield, United Energy, 7th December 2011.
National Electricity Amendment (Small Generation Aggregator Framework) Rule 2012, project reference ERC 0141. Submission by United Energy, 11th April 2012.
AEMC: Draft Report – National Work stream. Review of distribution reliability outcomes and standards, EPR 0031. Submission to the draft report by United Energy; 28th January 2013.
Rate of Return Guidelines, Response to Issues Paper, prepared by Jeremy Rothfield, United Energy and Multinet Gas, 18th February 2013.
United Energy 2014 Revised AMI Charges Application – Update following averaging period. Prepared by Jeremy Rothfield, United Energy, 22nd October 2013.
Economic Regulation Authority (WA). Guidelines for the Rate of Return for Gas Transmission and Distribution Networks: Response to background papers prepared for the stakeholder workshop held on 7th November 2013; term of the risk-free rate. Prepared by United Energy and Multinet Gas, 14th November 2013.
United Energy submission on the term to maturity for the rate of return on debt, 28th November 2013. This letter provided analysis to challenge the interpretation by the Australian Energy Regulator (AER) of a callable bond issued by the APA Group. The maturity date for the bond was 30th June 2072, however the AER had determined, unilaterally, that the call option would be exercised by the issuer at the first prospective call date of 31st March 2018.
Submission to the AER’s Issues Paper on the Return on Debt. Return on Debt: Choice of third party data service provider, Issues Paper, (April 2014). Prepared by Jeremy Rothfield, United Energy and Multinet Gas, 19th May 2014.
Submission by United Energy to the AER’s Consultation on the Post-Tax Revenue Model. Proposed amendment: Electricity distribution network service providers, post-tax revenue model (October 2014). Prepared by Jeremy Rothfield, 17th November 2014.
Rate of Return on Debt: Proposal for the 2016 to 2020 Regulatory Period, prepared by Jeremy Rothfield, United Energy, 30th April 2015.
Rate of Return on Equity: Proposal for the 2016 to 2020 Regulatory Period, prepared by Jeremy Rothfield, United Energy, 30th April 2015.
Assessment of the Value of Imputation Credits - Gamma. Proposal for 2016 to 2020, prepared by Jeremy Rothfield, United Energy, 30th April 2015.
Proposed Approach to Implementing the Control Mechanism for Direct Control Services, 2016 to 2020 Regulatory Control Period, Attachment to Regulatory Proposal, prepared by Jeremy Rothfield, United Energy, 30th April 2015.
DBNGP (WA) Transmission Pty Ltd (DBP): Response to Issues Paper on Proposed Revisions to the Dampier to Bunbury Natural Gas Pipeline Access Arrangement, 2016 – 2020. Submission by United Energy and Multinet Gas on the term for the cost of debt, 2nd June 2015.
Letter to the AER: Mistake in the characterisation of a five-year, AUD medium-term note (MTN) issued by United Energy on 11/04/2012. The AER showed that it had misunderstood the application of a forward starting swap. The AER had misconstrued the data, supplied by United Energy, in relation to the swap. Date of correspondence, 19th October 2015. .

EXPERT REPORTS AND OTHER JOINT SUBMISSIONS (in chronological order)

CORRESPONDENCE WITH THE RESERVE BANK OF AUSTRALIA ON THE BANK'S THIRD PARTY INDICATOR SERIES

Response by the Reserve Bank of Australia: Letter to Jeremy Rothfield, United Energy and Multinet Gas, from Mr Guy Debelle, Assistant Governor (Financial Markets); 22nd December 2014. The Payment Systems Board, Freedom of Information, and Methodological Issues.