New Zealand Gazette – 2007 – No. 75

Page 1913

✨ Electricity Industry Definitions



29 JUNE 2007 NEW ZEALAND GAZETTE, No. 75 1913

Electricity Commission levy, in relation to Transpower, means an industry levy
paid or payable by Transpower in accordance with section 172ZC of the
Electricity Act 1992

EV means economic value

excluded services means, in relation to Transpower, the goods and services
referred to in paragraphs (c) to (i) of the definition of specified services

HVDC means high voltage direct current

initial notice means the Commerce Act (Electricity Lines Thresholds) Notice
2003

interruption, in relation to the conveyance of electricity to a customer by means
of a prescribed voltage electric line, means the cessation of conveyance of
electricity to that customer for a period of 1 minute or longer, other than by
reason of disconnection of that customer—

(a) for breach of the contract under which the electricity is conveyed; or

(b) as a result of a request from the customer; or

(c) as a result of a request by the customer’s electricity retailer; or

(d) for the purpose of isolating an unsafe installation

lines business means a large electricity lines business as defined in section 57D
of the Act

national grid means the fixed assets used or owned by Transpower for the
purpose of conveying electricity

notional revenue means, in relation to Transpower, revenue less pass-through
costs

pass-through costs means—

(a) the rates and Electricity Commission levies paid or payable by Transpower
for the assessment period—

but does not include—

(b) any amounts described in paragraph (a) if Transpower demonstrates beyond
reasonable doubt that those amounts were passed on transparently to its
customers

prescribed voltage electric line means an electric line that is capable of
conveying electricity at a voltage equal to or greater than 3.3 kilovolts

price means, in relation to Transpower,—

(a) a price in nominal terms (such as a tariff, fee or charge) or a component
thereof, that Transpower charges in relation to a specified service, and
includes (but is not limited to)—



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2007, No 75


Gazette.govt.nz — PDF NZ Gazette 2007, No 75




✨ LLM interpretation of page content

🏭 Commerce Act (Transpower Thresholds) Notice 2007 (continued from previous page)

🏭 Trade, Customs & Industry
Commerce Act, Transpower, Thresholds, Notice, 2007, Definitions, Electricity Industry