Where we are up to and what's next

Essential Energy’s Regulatory Proposal for 2024-29 is almost finalised.

Our regulator, the Australian Energy Regulator (AER), has provided its draft decision on the Regulatory Proposal that we submitted in January 2023, largely approving what we proposed.

This Proposal, which outlines our plans for the next five years, was built based on engagement with you, our customers, and stakeholders, during several forums from 2021 through to 2023.

Since January, we have also continued to refine a few elements of our Proposal, including through talking to customers who are part of our new Essential People’s Panel and a Customer Webinar held in October.

We are now considering all feedback to make any required changes to our Regulatory Proposal which we will re-submit by the end of November.

The AER will then review the updated Proposal, handing down its final decision in April next year and then it will come into effect on 1 July 2024.