Our projects
Building trust and confidence

Levy-funded appropriations

Each year we consult on our levy-funded appropriations for the upcoming financial year.

  • Corporate
  • Strategy

    • Overview

    Following Budget 2026, the Government confirmed a net increase of $0.3 million to the Electricity Industry Governance and Market Operations appropriation (around 3 cents on an average annual household bill), taking the Authority’s total funding to $120.0 million for 2026/27.

    This increase is targeted solely at covering contractual cost increases, while the Authority continues to absorb its own cost pressures. It comprises an increase to the permanent baseline of the Electricity Industry Governance and Market Operations appropriation of $0.8 million, offset by some phasing of funding for the System Operator’s real time pricing work.

    Our levy consultation received strong support, with 89% of submissions supporting the approach we have taken. We will continue to communicate transparently about how our levy funding is used and the outcomes we deliver with it.

    Our upcoming Statement of performance expectations 2026/27 (published by 1 July 2026) will include our updated strategic framework and the five strategic priorities that have shaped our work programme.

    Key points

    • We are keeping our operating costs flat in 2026/27.
    • We will absorb more than $3 million in cost pressures through efficiency initiatives, prioritisation and organisational improvements.
    • A small funding increase has been approved to meet inflation‑linked contractual costs for third‑party service providers who run the electricity system and markets.
    • These service providers account for around two‑thirds of our total costs, making these increases largely unavoidable.
    • This funding will enable us to continue to deliver a priority work programme for 2026/27 focused on ensuring industry delivers reliable electricity at lowest cost for consumers.

    View funding request

    Timeline

    Past activity

    Project background

    We're funded by the Government through appropriations of public money. The Government recovers this cost through a levy on electricity industry participants.

    Each year we consult on our levy-funded appropriations for the upcoming financial year to enable us to meet our statutory objectives and deliver our key objectives on behalf of electricity consumers.

    The Minister’s decision and our funding level for each financial year is announced on Budget Day.

    How levy rates are set and calculated

    Other projects in Building trust and confidence
    View all projects
    Closed

    Levy-funded appropriations 2021/22

    Consultation on our levy-funded appropriations for the upcoming financial year.

    View project
    Closed

    Review of our consultation and feedback processes

    Improving our consultation and engagement to better represent the interests of consumers.

    View project
    Closed

    Levy-funded appropriations 2022/23 and 2023/24

    Consultation on our levy-funded appropriations for the upcoming financial year.

    View project