|
Type of Fee |
Fee inclusive of GST |
|
Market Participant (“MP”) Fee* |
$10,900 per MP (annual) |
|
MP Registration Fee |
$5,450 per registration (one-off) |
|
RSA Hardware Token Fee |
$381.50 per token
(once every 3 years from 6th token onwards per MP) |
*Waived for MPs with only Non-exporting Embedded Intermittent Generation Facilities
As determined by the EMA on 30 June 2023, EMC will be recovering 40.18 cents/MWh (inclusive of 9% GST) for services supplied from 1 July 2024 to 30 June 2025.
In accordance with the revenue regulatory framework, EMC will be collecting monies arising from the audited revenue adjustments in respect of the period 1 Jul 2022 to 30 Jun 2023 and adjustments for the 5 year regulatory period ending on 30 June 2023 . The total amount to be collected from the market from 1 April 2024 to 31 March 2025 is as follows:
| Refund/ (Recovery) $ |
|
|---|---|
| Exogenous Items | (4,546,323.70) |
| Interest on NEMS bank accounts | 406,631.79 |
| Total revenue adjustments | (4,139,691.91) |
| Total revenue adjustments inclusive of 9% GST | (4,512,264.18) |
Under the Market Rules Chapter 2 Section 10.1.6, EMC is required to publish the contents of the report referred to in Section 10.1.4.
Under the Market Rules Chapter 2 Section 11.1.6, EMC is required to publish its proposed expenditure, revenue and schedule of fees as soon as reasonably practicable following the receipt of the Energy Market Authority's approval. On 11 June 2024, the Authority has approved the proposed schedule of fees in the proposed EMC Budget.