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EnergyAustralia is the owner and operator of the Lake Lyell with responsibility for maintaining Lake Lyell, Thompsons Creek Reservoir, and the Lilyvale Dam, including making significant investments into the dams ongoing compliance, capital works, and operational costs.
EnergyAustralia spends over $2.5 million annually to maintain Lake Lyell.
Lake Lyell is not a naturally formed lake. The dam was built in 1982 by the then NSW Government owned Delta Electricity to supply water for the Mt Piper and Wallerawang Power Stations, The construction of the dam flooded sections of the Coxs River and Farmers Creek, creating Lake Lyell. It operates as part of a connected system of dams, including the Thompson Creek Reservoir and Lake Wallace.