We are seeking feedback on Orion's proposal for two-way pricing.
Orion has updated their Pricing Strategy and Roadmap to look forward to the future and how we adapt to a changing electricity environment. Key changes focus on:
Drivers and the context around electrification, demand and load profiles.
Asset and demand management, looking at network transformation, flexibility and market development.
Market expectations and readiness.
You can find more information about this in the slide deck from the webinar held in September here. A recording of the webinar can be found to the right.
Moving to ICP based billing and pricing
As part of our Pricing Strategy and Roadmap we will be moving to ICP based billing and pricing. From 01 April 2025 our ICP’s, currently set at GXP based prices, will be migrated onto the equivalent new ICP-based price categories.
We held an online engagement session with electricity retailers in May 2024 to outline our proposal to transition to ICP billing. You can view the slide deck from this presentation here.
From 01 April 2025 we'll also:
Be introducing a standard residential tariff.
Have controlled and uncontrolled variable charges.
Two-way pricing
From 01 April 2025 we will have a two-way power price category (by mass market consumers). We explored using a Feed-in Tariff or Two-way Tariff, and have opted for a two-way tariff as it:
Includes both import and export accounts for both consumption from, and exports to the grid.
It allows for a more dynamic billing system, often through a net metering system, where the final bill is calculated based on the net difference between import and export
With the two-way tariff, consumers who generate their own power (e.g. from solar panels) are billed for the electricity they consume from the grid, and they will receive a credit for the excess electricity they export to the network.
The tariff will be opt-in, and will require consumers to:
Have a compliant bi-directional energy meter and invertor.
Comply with network and technical standards to ensure safe interconnection.
Align with load demand.
Comply with billing requirements.
We are introducing this through a new price category so consumers that do not have access to this technology are not cross subsidizing.
Have your Say
Were keen to hear your feedback on the proposed two-way tariff, particularly around the design of the tariff - is it fixed and variable, or capacity and demand
We would appreciate it if you could review the presentation slide deck and complete a short survey to provide your feedback. Please provide your feedback by 11 October 2024.
We are seeking feedback on Orion's proposal for two-way pricing.
Orion has updated their Pricing Strategy and Roadmap to look forward to the future and how we adapt to a changing electricity environment. Key changes focus on:
Drivers and the context around electrification, demand and load profiles.
Asset and demand management, looking at network transformation, flexibility and market development.
Market expectations and readiness.
You can find more information about this in the slide deck from the webinar held in September here. A recording of the webinar can be found to the right.
Moving to ICP based billing and pricing
As part of our Pricing Strategy and Roadmap we will be moving to ICP based billing and pricing. From 01 April 2025 our ICP’s, currently set at GXP based prices, will be migrated onto the equivalent new ICP-based price categories.
We held an online engagement session with electricity retailers in May 2024 to outline our proposal to transition to ICP billing. You can view the slide deck from this presentation here.
From 01 April 2025 we'll also:
Be introducing a standard residential tariff.
Have controlled and uncontrolled variable charges.
Two-way pricing
From 01 April 2025 we will have a two-way power price category (by mass market consumers). We explored using a Feed-in Tariff or Two-way Tariff, and have opted for a two-way tariff as it:
Includes both import and export accounts for both consumption from, and exports to the grid.
It allows for a more dynamic billing system, often through a net metering system, where the final bill is calculated based on the net difference between import and export
With the two-way tariff, consumers who generate their own power (e.g. from solar panels) are billed for the electricity they consume from the grid, and they will receive a credit for the excess electricity they export to the network.
The tariff will be opt-in, and will require consumers to:
Have a compliant bi-directional energy meter and invertor.
Comply with network and technical standards to ensure safe interconnection.
Align with load demand.
Comply with billing requirements.
We are introducing this through a new price category so consumers that do not have access to this technology are not cross subsidizing.
Have your Say
Were keen to hear your feedback on the proposed two-way tariff, particularly around the design of the tariff - is it fixed and variable, or capacity and demand
We would appreciate it if you could review the presentation slide deck and complete a short survey to provide your feedback. Please provide your feedback by 11 October 2024.
We're keen to hear your feedback on a two-way tariff we are proposing, particularly around the design of the tariff - is it fixed and variable, or capacity and demand?
We would appreciate it if you would complete a short survey to provide your feedback.
