Customer focused Revised 2024-29 Regulatory Proposal

Essential Energy continued the development of the Revised Proposal through extensive engagement with customers, stakeholders, Australian Energy Regulator (AER), consumer advocates and industry organisations.

In October 2023, we re-tested customers' willingness to pay for the new types of investments targeting resilience and the network of the future, with 96% of surveyed customers supporting these investments despite facing increased costs of living.

Our Revised Proposal will enable us to provide the safe, reliable and affordable network that our customers expect. It will also support a network that is resilient and flexible enough to accommodate new and emerging technologies. This includes pricing structures that keep pace with the changing energy market – particularly the increasing volume of consumer energy resources (CER) connected to and exporting into the network.

2024-29 Revised Regulatory Proposal

2024-29 Revised Regulatory Proposal Overview

2024-29 Revised Tariff Structure Statement

2024-29 Revised Tariff Structure Explanatory Statement

What happens next?

You can make a submission to the AER by 19 January 2024.

The AER will deliver a final Determination by 30 April 2024, with changes to network charges taking effect from 1 July 2024.

For further information, or to make a submission about our 2024-29 Regulatory Proposal, please visit the Determination page on the AER website.