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EMC Budget and Admin Fees
Fee Schedule for the Period From 1 July 2022 to 30 June 2023
EMC Fixed Fees
With effect from 1 July 2018 | |
| Type of Fee | Fee Inclusive of GST |
|---|---|
| Market Participant (“MP”) Fee* |
$10,700 per MP (annual) – 7% GST before 1 Jan 2023 $10,800 per MP (annual) – 8% GST from 1 Jan 2023
|
| MP Registration Fee |
$5,350 per registration (one-off) – 7% GST before 1 Jan 2023 $5,400 per registration (one-off) – 8% GST from 1 Jan 2023
|
| RSA Hardware Token Fee |
7% GST before 1 Jan 2023 $374.50 per token (once every 3 years from 6th token onwards per MP) $117.70 per token (replacement fee for lost or damaged token)
8% GST from 1 Jan 2023 $378.00 per token (once every 3 years from 6th token onwards per MP) $118.80 per token (replacement fee for lost or damaged token) |
*Waived for MPs with only Non-exporting Embedded Intermittent Generation Facilities
EMC Admin Fee
As determined by the EMA on 27 March 2018, EMC will be recovering 38.40 cents/MWh (inclusive of 7% GST) and 38.76 cents/MWh (inclusive of 8% GST) for services supplied from 1 July 2022 to 31 December 2022 and from 1 January 2023 to 30 June 2023 respectively.
RCP Report for Budget for FY2022/2023
Under the Market Rules Chapter 2 Section 10.1.6, EMC is required to publish the RCP Report on EMC’s Budget and Fees submitted by RCP in accordance with Chapter 2 Section 10.1.4 and 10.1.5.
Budget for FY2022/2023
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 10 June 2022, the Authority has approved the proposed schedule of fees in the FY2022/23 EMC Budget.
