Live · Updated Every 5 Minutes

Electricity price today across Australia.

Live wholesale spot prices for all six Australian energy regions, sourced directly from AEMO NEM and WEM dispatch data.

As of 24 Aug, 08:10 am AEST, Australian wholesale electricity spot prices are: NSW $17.86/MWh, VIC $19.39/MWh, SA $155.90/MWh, QLD $16.50/MWh, TAS $20.06/MWh, WA $137.96/MWh.

NSW · NEM · 5-min

New South Wales

Green

$17.86/MWh

24h min$-2

24h avg$51

24h max$90

VIC · NEM · 5-min

Victoria

Green

$19.39/MWh

24h min$-9

24h avg$33

24h max$94

SA · NEM · 5-min

South Australia

Amber

$155.90/MWh

24h min$-8

24h avg$37

24h max$156

QLD · NEM · 5-min

Queensland

Green

$16.50/MWh

24h min$-10

24h avg$39

24h max$83

TAS · NEM · 5-min

Tasmania

Green

$20.06/MWh

24h min$-6

24h avg$35

24h max$86

WA · WEM · 30-min

Western Australia

Amber

$137.96/MWh

24h min$76

24h avg$114

24h max$146

How wholesale electricity prices are set

Australia has two wholesale electricity markets. The National Electricity Market (NEM) covers New South Wales, Victoria, South Australia, Queensland and Tasmania, and clears a spot price every five minutes through AEMO's dispatch process. The Wholesale Electricity Market (WEM) covers Western Australia and uses 30-minute trading intervals.

Spot prices respond to supply, demand and transmission constraints in real time. NEM prices can spike above $17,500 per MWh in extreme conditions, and drop below zero when surplus renewable generation outstrips demand. WEM prices are bounded at roughly $324 per MWh due to the lower price cap.

See more: regional price pages, price forecasts, real-time carbon intensity, wholesale market guide.