On 21 May 2024, we approved Power and Water Corporation's annual pricing proposal for the period 1 July 2024 to 30 June 2025. This follows an assessment to ensure consistency with the National Electricity Rules and the 2024–29 revenue determination.

Provided below is our: 

• statement of reasons providing a summary of our decision, average impacts for residential and small business customers on the most common tariffs, and commentary on drivers of movements.
• stakeholder report providing a summary of the key information in the proposal model, interactive cost movements mechanism, and tariff schedule.