NEM Spot Energy Price Tracker | Wholesale Electricity Prices | Jousto EMS
Live wholesale prices

NEM Spot Energy Price Tracker

★ Important: this is the raw spot price only — network charges and retailer fees are separate.

Watch how the National Electricity Market moves every 5 minutes — then see how Jousto EMS uses monitoring and automation to respond intelligently.

View the live tracker Explore Jousto EMS EMS levels
Aarno — Jousto Energy
Video explainer

How the NEM spot market really works

Why prices go negative, why they spike, and how automation helps you stay in control.

How the market works

5-minute pricing, all day, every day

The NEM clears supply and demand in 5-minute intervals. Generators bid into the market, demand rises and falls, and the clearing price becomes the wholesale reference price.

If you’re new to Jousto, start here: How Jousto works

How the NEM works
The live tracker

Raw wholesale spot price (excludes network charges)

The chart below shows the raw wholesale spot price. It does not include network charges, metering, or retailer fees. That’s why a “negative spot price” doesn’t always mean your total cost is negative.

Quick rule: your final import cost = wholesale spot price + network charges + retailer margin/fees (varies by plan).
Spot price versus retail price
Spot vs retail

Why your bill doesn’t match the chart

Most households pay a retail rate that bundles network costs and retailer charges. Wholesale plans reference the spot price — but network costs still exist underneath.

What Jousto EMS does: we focus on control and optimisation using the signals that actually matter in the real world.
Wholesale vs peer-to-peer

Two different ways value can move

Some models are settled purely against the wholesale price. Others enable trading between users — effectively a different way to route value across the market.

Learn more: Peer-to-peer energy

Wholesale versus peer-to-peer trading
Jousto EMS

Three levels of monitoring + control

Same philosophy across all levels: monitor the system, automate safely, and optimise behaviour over time. Higher levels add deeper market awareness and smarter scheduling — without “guaranteed returns”.

Level Best for What’s included Automation capabilities
EMS Essential O&M + simple automation Shelly + contactors/smart plugs, monitoring, alerts Time-based actions, solar export / solar excess actions (where available)
EMS Advanced Dynamic pricing & smarter timing Everything in Essential + dynamic price awareness + P2P readiness Time windows informed by NEM history, solar excess actions, dynamic-pricing actions (where supported)
EMS Premium (Ampaura) Maximum optimisation Everything above + Ampaura layer Energy arbitrage tooling, AI forecasting + scheduling optimisation (where supported)
Note: Features depend on your tariff, retailer, metering configuration, and controllable loads. We focus on control and optimisation — not “guaranteed returns”.
Automation in action
Automation in action

Make the market usable

Understanding the spot market is step one. The real win is using monitoring + automation to shift flexible loads into better windows — and reduce exposure when conditions turn ugly.

Ready to move from “watching” to “controlling”?

Explore Jousto EMS and see which level matches your home, tariff and hardware.

Explore Jousto EMS How Jousto works Peer-to-peer energy