Your 2 minute guide to substitute data
Did you know that sometimes your metering data doesn’t come through to us?
Whether it’s due to a system fault or a transmission error, disruptions can occur for a number of reasons. That’s when your Metering Data Provider (MDP) turns to plan B – substitute data.
How does the Ceiling work?
Put a roof over your price with the Ceiling: a surefire way to access the lows of the wholesale market while still getting the benefits of fixed rates. Set every quarter and flexible with your individual business needs, the Ceiling sets a peak price in accordance with market activity, ensuring you’ll never pay more than you need to.
How the Wholesale Power Market Works
‘The wholesale market’ or National Electricity Market (NEM) is a wholesale electricity exchange for the states and territories of Queensland, New South Wales, the Australian Capital Territory, Victoria, South Australia and Tasmania. The NEM began operation with New South Wales and Victoria in December 1998 .