✨ Electricity Distribution Regulations
936 NEW ZEALAND GAZETTE No. 37
create an increase in revenue for the distribution business, then subclause (1) will apply as if the new price structure applied on and from the reference date.
(3) If, during the period from the reference date to an assessment date, a distribution business is involved in a purchase, merger, takeover, disposal, or other similar transaction with another distribution business, which results in a change in its total customers or system length of 10% or more—
(a) for the purposes of subclause (1), the X factor for that distribution business will be the weighted average of the X factors specified in Schedule 1 for each of the distribution businesses involved in the transaction, where those X factors are weighted by the number of consumers connected to the part of each distribution business that is involved in the transaction; and
(b) subclause (1) will apply as if the transaction occurred on the reference date.
(4) If, during the period from the reference date to an assessment date, fixed assets used for providing specified services (or rights to such assets) are transferred between Transpower and a distribution business, and the distribution business provides the Commission with evidence that the transfer, of itself, did not create an increase in revenue for the distribution business above that which would have applied if the transfer had not occurred, subclause (1) will apply as if the transfer occurred on the reference date.
(5) Despite the other provisions of this clause 5, if the Commission is satisfied that, because of lack of information or subclauses (1) to (4) being clearly meaningless in relation to a distribution business, it is not practicable to determine whether the distribution business has complied with those subclauses, the distribution business will be regarded as having complied with the price path threshold if it demonstrates beyond reasonable doubt, by use of an alternative approach that has equivalent effect to those subclauses, that the substance of those subclauses has been complied with.
6 Quality threshold
(1) The quality threshold for distribution businesses is as follows:
(a) interruption duration: the SAIDI of a distribution business for each assessment period is not to exceed the five-year average SAIDI of the distribution business to 31 March 2003 (calculated in accordance with the right-hand side of the following expression):
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2004, No 37
Gazette.govt.nz —
NZ Gazette 2004, No 37
✨ LLM interpretation of page content
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Electricity Distribution Thresholds Notice 2004
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🏭 Trade, Customs & IndustryCommerce Act, Electricity Distribution, Thresholds, Definitions, Specified Services, SAIFI, Interruptions, Transmission, Distribution