New Zealand Gazette – 1995 – No. 118

Page 3708

✨ Electricity Network Charges

3708 NEW ZEALAND GAZETTE No. 118

2.11 A winter after diversity maximum demand is used which is the overall ratio between the summated individual winter maximum demands of the large consumers and the various groups, and the overall winter peak maximum demand for the two individual networks. This year the same ratio was used for all consumers.

3. POWERNET CHARGES - GENERAL

3.1 PowerNet charges have three components:

(a) Subtransmission charges which reflect the costs incurred by the existence of the 66,000 and 33,000 volt networks and the zone substations.

(b) Distribution charges which reflect the costs incurred by the 11,000 and 400V distribution networks, distribution transformers and substations.

(c) Fixed charges per consumer which reflect the corporate costs incurred by the Board and executive management, System Control, metering and ripple receivers.

3.2 The network asset values are shown in Table 5 and are based on the June 1994 valuation plus 50% of the projected capital expenditure for 1994/95. In the case of The Power Company Network it is based on the book value, and in the case of the Electricity Invercargill network is based on the value of the assets which EIL purchased from the Invercargill City Council. Neither values are based on ODV.

3.3 In addition to the asset values the network owners charge PowerNet a “use charge” for the use of their networks. The derivation of the use charge carried out by the asset owner, ie Electricity Invercargill Limited and The Power Company is not part of this methodology. The use charges are allocated across the various network components in the ratio of the asset values of those components to the total. The use charges are also shown in Table 5.

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VUW Te Waharoa — NZ Gazette 1995, No 118

NZLII — NZ Gazette 1995, No 118

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✨ LLM interpretation of page content

💰 PowerNet Charges Methodology

Domain💰 Finance & Revenue
KeywordsElectricity, Network Charges, PowerNet, Subtransmission, Distribution, Fixed Charges

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