Building trust and confidence
Levy-funded appropriations
Each year we consult on our levy-funded appropriations for the upcoming financial year.
Overview
The Government has approved an increase in the Authority’s levy-funded appropriation in Budget 2025. The confirmed increase is $7.8 million to the Electricity Industry Governance and Market Operations appropriation 2025/26 and outyears, taking the Authority’s total funding to $119.7 million for 2025/26.
This funding recognises the work the Authority needs to complete to promote a reliable and affordable supply of electricity as Aotearoa electrifies and transitions to an increasingly renewables-based system.
We would like to thank all those who engaged with our consultation on the Authority’s levy-funded appropriations for 2025/26, as well as our draft regulatory strategy and indicative work programme for 2025/26.
Timeline
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19 December 2023 - 30 January 2024
Consultation —2024/25 Levy-funded appropriationsView consultation -
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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.
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Levy-funded appropriations 2021/22
Consultation on our levy-funded appropriations for the upcoming financial year.
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Review of our consultation and feedback processes
Improving our consultation and engagement to better represent the interests of consumers.
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Levy-funded appropriations 2022/23 and 2023/24
Consultation on our levy-funded appropriations for the upcoming financial year.