Draft FY25 budget and fees consultation

15/04/2024
Market East Coast Gas System (ECGS), National Electricity Market
StageDraft Report
ConvenorAEMO Stakeholder Engagement
Initiated27/03/2024
Accepting submissions?Yes
Submissions close26/04/2024

Timeline

  • Notice of consultation period
    28 March 2024
  • Draft budget and fees published for consultation
    15 April 2024
  • Industry webinar
    18 April 2024
  • Submissions close
    26 April 2024
  • Final FY25 Budget published
    June 2024

Key contact

A mail icon. Email: stakeholderrelations@aemo.com.au

Overview

AEMO’s annual budget reflects the anticipated costs of the functions and services we provide in operating and transforming Australia’s energy markets and systems, and running a contemporaneous organisation. These costs form the basis of AEMO’s revenue requirements, which are recovered through fees and charges paid by energy market participants.

Although there is no regulatory requirement for AEMO to do this, we engage with stakeholders on our draft budget as we consider it essential to demonstrate transparency and accountability.

The draft FY25 budget and fees have now been published, and stakeholders will have until 26 April 2024 to make a submission. You can make a submission on the draft FY25 budget by emailing stakeholderrelations@aemo.com.au. Submissions will be published as per AEMO’s Consultation Submissions Guidelines.

Register to attend a webinar from 3:00 pm – 4:00 pm AEST on Thursday 18 April 2024, to hear an overview of the draft budget and ask any questions you may have about the budgeting process.

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