Overview

Indicative timetable

Proposed timeline to determine the Default Market Offer prices applying for 2023–24
Milestone Date*
Publish issues paper 3 November 2022
Submissions due 30 November 2022
Online stakeholder forum 24 November 2022
Publish draft determination 15 March 2023
Submissions due 6 April 2023
Publish final determination May 2023
DMO 2023–24 in force 1 July 2023

*Please note this timeline is subject to change

Issues paper

On 3 November 2022 the AER released its issues paper on the Default market offer (DMO) price for 2023–24. This is our fifth DMO determination and we refer to it as DMO 5.

The issues paper is the first step in the process in setting the 2023–24 DMO prices. As part of the DMO 5 consultation process the AER is considering whether any changes should be made to the approach we used in DMO 4 to setting the DMO to ensure it continues to meet the policy objectives.

The AER is particularly seeking views on the following aspects of the pricing methodology:

  • refinements to the approach to forecasting wholesale electricity costs
  • how best to extend DMO protections to customers in embedded networks
  • appropriate settings for the retail allowance.

Submissions

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We invited submissions on the issues paper. Submissions closed on Wednesday 30 November 2022.

1st Energy - Submission - DMO 5 issues paper - 30 November 2022

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1st Energy
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AEC - Submission - DMO 5 issues paper - 30 November 2022

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Australian Energy Council (AEC)
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AGL - Submission - DMO 5 issues paper - 1 December 2022

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AGL
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Alinta Energy - Submission - DMO 5 issues paper - 30 November 2022

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Alinta Energy
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Customer Consultative Group, Joint Submission to DMO 5 Issues Paper, 9 December 2022

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Customer Consultative Group (CCG)
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ECA - Submission - DMO 5 issues paper - 29 November 2022

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Energy Consumers Australia (ECA)
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EnergyAustralia - Submission - DMO 5 issues paper - 30 November 2022

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EnergyAustralia
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Energy Intelligence - Submission - DMO 5 issues paper - 30 November 2022

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Energy Intelligence
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Energy Locals - Submission - DMO 5 issues paper - 30 November 2022

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Energy Locals
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GloBird Energy - Submission - DMO 5 issues paper - 29 November 2022

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GloBird Energy
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Momentum Energy - Submission - DMO 5 issues paper - 30 November 2022

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Momentum Energy
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Origin Energy - Submission - DMO 5 issues paper - 5 December 2022

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Origin Energy
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PIAC - Submission - DMO 5 issues paper - 30 November 2022

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Public Interest Advocacy Centre
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Powershop - Submission - DMO 5 issues paper - 30 November 2022

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Powershop
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Red Lumo - Submission - DMO 5 issues paper - 30 November 2022

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Red Energy & Lumo Energy
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SACOSS - Submission - DMO 5 issues paper - 5 December 2022

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South Australian Council of Social Service (SACOSS)
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SA Department for Energy and Mining - Submission - DMO 5 issues paper - 15 December 2022

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SA Department for Energy and Mining
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Simply Energy - Submission - DMO 5 issues paper - 30 November 2022

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Simply Energy
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Tango Energy - Submission - DMO 5 issues paper - 30 November 2022

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Tango Energy
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Stakeholder forum

As part of the AER's consultation process for its DMO 2023–24 price determination it held an online public forum on Wednesday 24 November 2022.

Over 100 stakeholders attended. The public forum provided an opportunity for stakeholders to hear from AER staff on key matters for consideration in the Issues Paper. There were presentations from the AER and the Australian Energy Council. The presentation slides are provided below.

AER - DMO 5 - 24 November 2022 public forum presentation

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AER
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AEC - DMO 5 - 24 November 2022 public forum presentation

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Australian Energy Council (AEC)
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