Draft decision
Back to topOn 15 March 2023 the AER released its draft determination on the Default market offer (DMO) price for 2023–24.
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AER - Draft determination - Default market offer prices 2023–24 - 15 March 2023 ( PDF 1.27 MB ) | AER |
Consultant reports
Back to topWe have instructed ACIL Allen Consulting to support us in the design of a forecasting approach for wholesale and environmental costs. The report Default market offer: Wholesale energy and environmental costs estimates for DMO 5 draft determination by ACIL Allen Consulting was published alongside the draft determination on 15 March 2023.
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ACIL Allen - Draft determination - Default market offer prices 2023–24 - Wholesale and environmental costs ( PDF 3.29 MB ) | ACIL Allen |
Models
Back to topOn 15 March 2023 the AER released its model for calculating DMO prices for 2023–24.
As set out in the DMO 2023–24 draft determination the AER’s approach is to use a cost build-up approach to calculate the DMO price, taking into account forecast costs for wholesale electricity, network, environment and retail costs. The model calculates the expected changes in these costs for 2023–24 for each area and customer type.
The information contained in the model is set out in the DMO 2023–24 draft determination, and we are publishing the model to provide stakeholders with additional transparency on how we propose to calculate the DMO prices for 2023–24.
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AER - Draft determination - Default market offer prices 2023–24 - Cost assessment model ( XLSX 569.76 KB ) | AER |
Submissions
Back to topInterested parties are invited to make a submission on the draft determination by close of business 6 April 2023. We prefer that all submissions are in Microsoft Word or another text readable document format. Submissions should be emailed to DMO@aer.gov.au or alternatively submissions can be posted to:
Stephanie Jolly
General Manager, Market Performance
Australian Energy Regulator
GPO Box 3131
Canberra ACT 2601
We will also accept verbal submissions on the consultation issues. We request that stakeholders who wish to do so contact us at DMO@aer.gov.au to discuss in the first instance.
We prefer that all submissions be publicly available to facilitate an informed and transparent consultative process. Submissions will be treated as public documents unless otherwise requested. Parties wishing to submit confidential information should:
- clearly identify the information that is the subject of the confidentiality claim
- provide a non-confidential version of the submission in a form suitable for publication.
All non-confidential submissions will be placed on our website. For further information regarding our use and disclosure of information provided to us, see the ACCC/AER Information Policy
Stakeholder forum
Back to topAs part of its consultation process the AER will hold an online stakeholder forum to discuss key issues for the DMO 2023–24 draft determination.
Date: Friday, 31 March 2023
Time: 11 am to 1 pm (AEDT), 10 am to Noon (AEST), and 10:30 am to 12:30 pm (ACDT)
Register
Stakeholders are invited to register thier attendance to attend the forum.