NEM Regional Volatility and Price

The tables below specify the forecast Volatility Factors and Average Prices calculated for input to the prudential settings calculations over the previous three seasonal reviews (when available).

Outstandings Limit Volatility Factor (VFOSLR)

Region 2024 Winter 2024 Shoulder  2025 Summer
NSW 1.54 1.35 1.48 
QLD 1.53 1.48 1.51 
SA 1.56 1.43 1.77
TAS 1.81 1.61 1.42 
VIC 1.57 1.43 1.71 

Prudential Margin Volatility Factor (VFPMR)

Region 2024 Winter 2024 Shoulder  2025 Summer
NSW 2.34 1.85 2.94
QLD 2.26 1.90 2.86 
SA 2.61 2.10 4.11 
TAS 2.23 1.88 1.89 
VIC 2.22 1.82 4.12 

Average Price (PR)

Region 2024 Winter 2024 Shoulder 2025 Summer 
NSW $88.52 $71.55
$72.94 
QLD $81.00 $64.22
$87.53 
SA $89.54 $52.85
$64.94 
TAS $62.43 $55.18
$64.49 
VIC $74.69 $50.35
$51.63 

Review Seasons

Review Season MCL Effective Date Calculation includes data up to this date
2024 Shoulder 03-Sep-24 20-Jul-24
2025 Summer
03-Dec-24
19-Oct-24
2025 Winter 01-Apr-25 15-Feb-25
2025 Shoulder
02-Sep-25
19-Jul-25
2026 Summer  02-Dec-25  18-Oct-25 

For details information about regional volatility factors and prices, please refer to Credit Limit Procedures Supporting Information page.

For further information, please contact AEMO's Information and Support Hub.

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