2024-29 Regulatory Proposal

Designing the future of energy together

Essential Energy has submitted its 2024-29 Regulatory Proposal to the Australian Energy Regulator (AER), following a two-year program of customer and stakeholder engagement.

The Proposal outlines how Essential Energy will operate and maintain NSW’s largest electricity distribution network from 1 July 2024 to 30 June 2029 and includes plans to tackle key customer and stakeholder concerns, including realising the benefits of the energy transition and increasing community and network resilience.

Essential Energy engaged over 400 people in a multi-phased program of customer and stakeholder engagement, which commenced in July 2021.

From 1 July 2024 key investments include:

• $317 million in community and network resilience to weather extremes, including strategic deployment of fireproof (composite) power poles, microgrids and stand-alone power systems.
• $171 million in new technologies to support customers to access more renewable energy and increasing electrification such as increase uptake of electric vehicles (EVs), solar and batteries.

The Essential Energy 2024-29 Regulatory Proposal, Fact Sheet and Customer Overview documents are all available on our website