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EMC Budget and Admin Fees

Revised Fee Schedule for the Period From 1 April 2018 to 30 June 2019

EMC Fixed Fees

With effect from 1 July 2018
Market Participant (“MP”) Fee $10,000 per MP (annual)
MP Registration Fee $5,000 per registration (one-off)
RSA Hardware Token Fee  $350 per token (once every 3 years from 6th token onwards per MP)

$110 per token (replacement fee for lost or  damaged token)

EMC Admin Fee

As determined by the EMA on 27 March 2018, EMC will be recovering 30.16 cents/MWh from the market with effect from 1 April 2018 to 30 June 2019.

Budget for FY2018/2019

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 06 June 2018, the Authority has approved the EMC's budget containing the requisite items.