This is an overview of the types of costs involved in becoming a direct market consumer. However, they are estimates and the list is not exhaustive. Costs will vary depending on your own due diligence and needs.

  • Market fees paid per MWh consumed (also applies to Retailer and MSSL consumers)
  • Annual market participant fees
  • Legal fees associated with reviewing contracts, rules, etc.
  • IT for connecting to the market systems
  • Hiring staff with appropriate expertise to manage your electricity purchase
  • Financial security with SP Services and SP PowerGrid
  • Financial security with EMC (depending on your estimated consumption)
  • SP PowerGrid fees for Use Of Service (UOS) (also applies to Retailer and MSSL consumers)
  • SP Services fees for meter reading (also applies to Retailer and MSSL consumers) (visit Open Electricity Market for the Schedule of Market Support Service Charges for Contestable Consumers)
  • Default levy cost/risk sharing
  • Possible fines and penalties for rule breaches