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AEMC Fixed Charge Proposal: What Property Investors Should Check Before 2030

24 APRIL 202610 MIN READLODGEY RESEARCH
Short answer: the AEMC has not changed your electricity bill yet. As at 24 April 2026, it is consulting on a pricing review that could shift more network costs into fixed charges from 2030, while using dynamic prices and consumer protections to soften the edge. For property investors, the useful move is simple: split every property energy cost into fixed, usage, upgrade and evidence buckets now.
Status
No final rule
Final report expected June 2026
Start modelled
FY30
A 10-year staged transition
Submissions
2,712
AEMC draft report responses

This story matters because a higher fixed charge changes the bill psychology. When more of the cost is fixed, using less power does not reduce that part of the bill. The AEMC says network pricing reform could still reduce total network costs over time and lower bills for many households, with its latest modelling released on 23 April 2026 setting out the A$6 billion savings claim. Critics say the same shift could punish low-usage, solar, battery and vulnerable households if retailers pass the structure straight through as the Smart Energy Council argued in response.

BILL STRUCTURE: THE THING THAT CHANGES
Fixed charge proposal diagramA comparison of a usage-heavy electricity bill and a proposal with a larger fixed component plus dynamic usage signals.Today: more usage-weightedProposal: more fixed, plus dynamic signalsusage chargefixedfixeddynamicusageusing less powerreduces mostly the yellow partusing less powermay leave more bill behind

What Is Actually Being Proposed?

The AEMC pricing review is looking at how electricity products, network tariffs and retail offers should work as more households add solar, batteries, electric vehicles and electric appliances. The review was self-initiated on 25 July 2024 and is still open according to the AEMC project page.

The controversial piece is draft Recommendation 5. In plain English, it points toward network tariffs with two parts: a dynamic usage component that rises when the local network is congested and falls when capacity is available, plus a fixed component to recover unavoidable shared network costs. The AEMC distributional analysis describes this as a staged reform over about 10 years, starting in FY30 in its April 2026 modelling paper.

SourceWhat it saysReader takeaway
AEMC statusReview open. Draft report published 11 December 2025. Final report expected June 2026.Do not treat the proposal as a finished rule.
AEMC modellingThe AEMC says reform could deliver up to A$6 billion in cumulative network savings over 15 years.Useful for context, but individual bills depend on retailer offers and customer behaviour.
Consumer riskHoustonKemp says higher fixed charges could create adverse bill impacts for low-usage households if passed through.This is why consumer protections matter.
Lodgey actionATO rental records guidance expects separate property records and evidence for expenses, assets and capital works.Energy bills should be stored like any other property cost.

Why Everyone Is Arguing About Fixed Charges

The AEMC argument is fairness and system efficiency. If households with solar or batteries can avoid more network costs through lower grid imports, households without those options can end up carrying more of the shared poles-and-wires cost. Energy Networks Australia makes that case directly, saying the driver is to recover residual costs more proportionately while preserving incentives for consumer energy resources in its pricing review explainer.

The counterargument is control. If the fixed part of the bill gets too large, a household that reduces usage, installs efficient appliances, or adds solar may feel like the goalposts moved. The Smart Energy Council says households that use the least electricity are most at risk, naming renters and pensioners among the groups under pressure in its call to pause the changes.

The balanced read: the proposal is not automatically good or bad for every household. It moves risk around. High-usage electrified homes may benefit from lower usage rates. Low-usage properties may need protection if the fixed charge rises faster than usage charges fall.

The Property Investor Angle

If you own a standard long-term rental, your tenant often pays the retail electricity bill. But the proposal can still matter to your investment. It can affect tenant affordability, solar and battery payback, short-stay profit, common-area costs, vacancy costs and the records your accountant needs at tax time.

Property setupWho feels it first?What to check
Long-term rentalThe tenant usually pays the retail bill.Watch tenant affordability, solar payback, embedded utilities and energy upgrade records.
Short-stay or included utilitiesThe owner often pays the bill.Fixed supply charges hit every low-occupancy month, even when usage is low.
Apartment or strataCosts can appear through common area power or levies.Keep strata statements, levy notices and capital works evidence by property.
Vacant or renovation periodUsage may drop but supply charges keep running.Tag vacancy days, advertising evidence and improvement invoices.

This is where Lodgey's tax lens matters. The ATO's rental property guidance says investors need records to work out rental income, deductible expenses and CGT outcomes, and to prove who incurred an expense under its rental record rules. The ATO also separates rental expenses into categories such as common property expenses, depreciating assets, repairs, maintenance, capital expenses, borrowing expenses and interest on its rental expenses page. Energy-related costs need the same property-by-property discipline.

PROPERTY EXPOSURE CHECK
Low occupancy months are the pressure point.

For Airbnb-style or furnished rentals where utilities are included, a higher fixed charge can keep running even when bookings are thin and usage is low.

Lodgey move: Store the monthly bill, booking nights and any owner-use apportionment notes together.

Run The Fixed Charge Stress Test

No one knows your future retail plan. This tool is deliberately illustrative. Use it to understand the break-even logic: a higher fixed daily charge can be offset by a lower usage rate, but only once the property uses enough grid electricity.

Illustrative bill split calculator
520 kWh
$1.15 / day
$2.05 / day
31c / kWh
22c / kWh
Current structure$196
Higher fixed, lower usage$177
Monthly change
-$19
Annualised change
-$233
Break-even usage
304 kWh/mo

Owner-paid setup: use the annualised change as a cashflow prompt, then save the bill and payment record by property. This is not an AEMC forecast, a retailer quote or tax advice.

What Lodgey Users Should Do Now

01
Tag every energy bill to the property
Store the PDF, the payment record and the property name together. This matters most for short-stay, vacant, common-area and landlord-paid utility setups.
02
Separate fixed supply charges from usage charges
A single annual electricity number hides the risk. Lodgey-style evidence should show what stayed fixed and what moved with usage.
03
Keep solar and battery upgrades in the asset file
Panels, batteries, switchboards, meters and wiring are not the same as a monthly power bill. Keep quotes, invoices, photos and depreciation or capital works notes.
04
Model tenant-facing decisions before installing gear
A battery that helps a home owner may not help a landlord in the same way if the tenant receives the retail benefit. Capture the cashflow path before spending.
05
Review again after the June 2026 final report
The AEMC has not picked final protections yet. Revisit your assumptions once the final recommendations are published.
Lodgey connection: this is exactly the kind of admin that becomes painful in July. If the bill is landlord-paid, Lodgey can help you keep it in the right property file, separate recurring charges from usage, and package the evidence for your tax agent.

FAQ

No. The review is still open. The AEMC says it received 2,712 submissions, published extra modelling on 23 April 2026 and will publish a final report in June 2026 on the project page.

It is the part of a network tariff designed to recover shared network costs from connected customers. Under the AEMC modelling, that fixed part would sit beside a dynamic usage component that changes with network conditions in the proposed reform structure.

The AEMC modelling says impacts vary by household. Its cameos show some high-usage renters and electrified households better off, while a low-usage apartment renter could need targeted protections. HoustonKemp also flags low-usage households as a key adverse bill impact risk in the consumer protections report.

It depends on the property setup and who incurred the expense. Treat this article as general information, not tax advice. The practical move is to keep records by property, including expense documents, asset records and capital works evidence, then ask your registered tax agent how your facts should be treated under ATO rental record guidance.

SOURCES AND FURTHER READING
TURN BILLS INTO EVIDENCE
Do not let property costs become July archaeology

Lodgey helps property investors organise bills, loans, rates, repairs and evidence by property so tax time starts with a clean file instead of a search party.

See how Lodgey pays back
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