NBN Co is looking to drop the prices on some of its fastest wholesale plans. 

NBN Co has submitted a revised pricing submission to the Australian Competition and Consumer Commission (ACCC), following the withdrawal of its previous proposal.

Communications Minister Michelle Rowland has reversed the privatisation agenda pursued by the previous Coalition government, which NBN Co says will have big financial consequences for it over the term of the new pricing construct. 

But with privatisation off the table, the company says it will still be able to meet the core funding aims as a government-owned entity.

Under the proposed pricing scheme, NBN Co will still have the right to increase its prices with inflation every year. However, it is prepared to drop the capacity charges on all of its slower entry-level plans by 2026. 

It also says it is willing to progressively reduce excess capacity fees that telcos pay when data use is above the monthly allowance purchased from NBN Co.

Additionally, the new model limits the cost of higher speed plans, with a top download speed of 100mpbs and upload speed of 40mbps to be priced at $58 per month.