✨ Commerce Act Notices
2802 NEW ZEALAND GAZETTE, No. 106 27 JUNE 2008
(b) for the assessment period ending 30 June 2010, the amount determined by the Commission in accordance with Part 2 of Schedule 2;
(c) for the assessment period ending 30 June 2011, the amount determined by the Commission in accordance with Part 2 of Schedule 2;
(2) If the Electricity Commission introduces procedures that allow it to approve all or any category, or any part of a category, of non-Part F capex, then:
(a) all expenditure associated with such categories (or part categories) will be excluded from the transmission (non-Part F capex) threshold when the threshold is next set;
(b) where expenditure on a project is approved as part of the transmission (non-Part F capex) threshold for an assessment period in accordance with Part 2 of Schedule 2 prior to the Electricity Commission introducing procedures, the expenditure on that project (whether in that or any subsequent assessment period) will continue to be considered to be non-Part F capital expenditure until 30 June 2011.
7 System operator services threshold
(1) The system operator services threshold is that the total of the revenue received from the Electricity Commission by Transpower for system operator services for an assessment period is not to exceed the amount calculated in accordance with the following formula:
( B + V + FC )
where:
B = the base fee under the SOSPA;
V = the variable fees under the SOSPA, which are compliance investigation and proceedings fees, development fees, identification costs, information system access fees, fees for technical advice, and audit fees, as set out in schedule 1 of the SOSPA; and
FC = any adjustment to the fee under the SOSPA made as a result of a fee change event agreed with the Electricity Commission under the SOSPA.
(2) For the purposes of subclause (1)—
(a) Transpower is to allocate costs to its system operator services business using the avoidable cost allocation methodology;
(b) if the Commerce Commission publishes cost allocation guidelines during the term of the SOSPA, Transpower is to apply those guidelines transparently and in full so long as—
(i) the allocation of costs in accordance with those guidelines results in no net reduction or increase in cost recovery by Transpower as a result of the application of those guidelines; and
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NZ Gazette 2008, No 106
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Commerce Act (Transpower Thresholds) Notice 2008
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