New Zealand Gazette – 2004 – No. 37

Page 934

✨ Electricity Distribution Regulations



934 NEW ZEALAND GAZETTE No. 37

unplanned interruption means any interruption in respect of which less than
24 hours’ notice, or no notice, was given, either to the public or to all customers
affected by the interruption.

(2) Terms used in this notice have, unless the context otherwise requires, the same
meanings as in the Act or in the Requirements.

4
Thresholds for declaration of control in relation to distribution businesses

The Commission hereby sets the following thresholds for the declaration of
control in relation to distribution businesses:

(a) a price path threshold as specified in clause 5:

(b) a quality threshold as specified in clause 6.

5
Price path threshold

(1) The price path threshold for distribution businesses is as follows:

(a) notional revenue at each assessment date: the notional revenue of a
distribution business at each assessment date (calculated in accordance
with the numerator of the left-hand side of the following expression) is
not to exceed the allowable notional revenue of the distribution business
under the CPI-X price path at that assessment date (calculated in
accordance with the denominator of the left-hand side of the following
expression):

(\frac{NR_t}{R_t} \leq 1)

where:

t denotes the calendar year during which the assessment
date occurs;

NR_t is the notional revenue for the assessment period ending
in calendar year t, being equal to (\sumi P{i,t} Q_i - K_t);

i denotes each price pertaining to every specified service;

P_{i,t} is the ith price at the assessment date occurring in calendar
year t;



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 37


Gazette.govt.nz — PDF NZ Gazette 2004, No 37




✨ LLM interpretation of page content

🏭 Electricity Distribution Thresholds Notice 2004 (continued from previous page)

🏭 Trade, Customs & Industry
Commerce Act, Electricity Distribution, Thresholds, Definitions, Specified Services, SAIFI, Interruptions, Transmission, Distribution