The Northern Territory Electricity System and Market Operator (NTESMO) performs the function of system controller and market operator for Power and Water Corporation. All costs incurred by Power and Water in performing NTESMO functions are recovered through charges approved by the Utilities Commission of the Northern Territory (the Commission). Through set regulation periods, NTESMO submits a revenue proposal to be considered and approved by the Utilities Commission.
Power and Water, through the NTESMO function, is seeking to consult with stakeholders to assist with the development of required proposals for the next regulatory period commencing from 1 July 2024.
Two proposals will be submitted to the Northern Territory Utilities Commission (the Commission):
The Pricing Proposal will be submitted to the Commission by September 2023, with the Revenue Proposal submitted in December 2023.
Image 1: Submission workflow for the two pathways to allow robust consultation.
The NTESMO Proposal information will be delivered over a series of engagement activities from May to December 2023.
|Publication of consultation paper one||23 May 2023|
|Stakeholder forum one||30 May 2023|
|Submission due on consultation paper one||21 June 2023|
Incorporate feedback from 1st round of consultation and |
submit Placeholder Proposal to Commission
|July - September 2023|
|Stakeholder forum||22 August 2023|
|Publication of consultation paper two||23 August 2023|
|Submission due on consultation paper two||29 September 2023|
Incorporate feedback from stakeholders and |
finalise Revenue Proposal
|September – December 2023|
Public engagement and consultation with stakeholders is planned to allow the opportunity to attend workshops and participate via written submissions to support the next NTESMO Revenue Proposal.
Throughout delivery of the engagement program stakeholders will be consulted on keys issues including:
Consultation Paper NTESMO Revenue Proposal 2024-2027 PDF, 603.31 KB
These submissions were considered in the development of the final Regulatory Proposal submitted to the Utilities Commission.
This paper is our second round of consultation as we prepare to submit our regulatory proposal to the Commission in December 2023. In our initial round of consultation, we sought feedback on strategic and framework issues and received valuable feedback from our stakeholders.
The paper seeks feedback from customers on detailed elements of our upcoming proposal. This includes the initial calculation of charges for the next regulatory period and options to mitigate bill impacts. We also identify our preferred position on the framework and approach for our upcoming proposal.
On 22 August 2023, a stakeholder workshop provided the opportunity to discuss the issues raised in this consultation paper.
Our Peoples Panels forums will also provide feedback on the key issues raised in this paper, ensuring we hear the voices of smaller customers.
Interested stakeholders are invited to provide feedback on key questions relating to the initial calculation of charges for the next regulatory period and our preferred positions on the framework and approach for the upcoming regulatory proposal.
Written submissions on the issues raised in this consultation paper were accepted until 29 September 2023.
Please identify any information in your submission that you consider to be confidential and provide a separate non-confidential copy that can be published for transparency.