This figure shows the cumulative price* measured at each of the five daily schedules within a gas day.
* The cumulative price is the marginal clearing price accumulated over the previous 34 scheduling intervals (one week) which, if the cumulative price threshold (CPT) is reached ($3700), triggers an administered price period during which the price cannot exceed $40/GJ.
** The CPT changed to $1400 on 1 July 2020 as per Wholesale Market Administered Pricing Procedures (Victoria) V4.0
*** y-axis shown uses a logarithmic scale
