AEMC publishes the Schedule of Reliability Settings for 2017-2018

23 February 2017

Under the National Electricity Rules, the AEMC is required to adjust the Market Price Cap and Cumulative Price Threshold for the National Electricity Market, in line with the consumer price index, by 28 February each year.

Using the method set out in the National Electricity Rules, the values for the Market Price Cap and Cumulative Price Threshold for the 2017-18 financial year are:

 

 2016-2017

2017-2018

Market Price Cap

$14,000/MWh

$14,200/MWh

Cumulative Price Threshold

$210,100 $212,800

The updated values, which apply from 1 July 2017, and underlying calculations are available in a schedule of reliability settings on the AEMC website.

Since 1 July 2012, the National Electricity Rules have required the AEMC to update the values for the Market Price Cap and Cumulative Price Threshold each year by applying consumer price index information published by the Australian Bureau of Statistics.