✨ Commerce Act (Transpower Thresholds) Notice 2008
27 JUNE 2008 NEW ZEALAND GAZETTE, No. 106 2803
(ii) the Electricity Commission agrees to Transpower making such changes to its SOSPA fee as are necessary as a result of the application of those guidelines;
and
(iii) the indexed opex is adjusted to reflect the reallocation of operating costs to or from Transpower’s transmission business as a result of the application of those guidelines.
8 Quality threshold
(1) The quality threshold is as follows:
(a) number of unplanned interruptions: the total number of unplanned interruptions of Transpower for the assessment period is not to exceed the five-year average total number of unplanned interruptions of Transpower to 30 June 2003 (calculated in accordance with the right-hand side of the following expression):
$$I{year} \leq \left( \frac{I{1999} + I{2000} + I{2001} + I{2002} + I{2003}}{5} \right)$$
where:
$I_{year}$ is the total number of unplanned interruptions for the period of 12 months ending on 30 June in that calendar year;
(b) total interruptions: the total interruptions, calculated in system minutes, of Transpower for the assessment period is not to exceed the five-year average total interruptions, calculated in system minutes, of Transpower to 30 June 2003 (calculated in accordance with the right-hand side of the following expression):
$$SM{year} \leq \left( \frac{SM{1999} + SM{2000} + SM{2001} + SM{2002} + SM{2003}}{5} \right)$$
where:
$SM_{year}$ is the total interruptions, calculated in system minutes, for the period of 12 months ending on 30 June in that calendar year;
(c) customer communication: during the assessment period, Transpower is to—
(i) properly advise (or ensure that another person properly advises on its behalf) its customers about the price-quality trade offs available to them in relation to the goods and services provided by Transpower; and
(ii) consult (or ensure that another person consults on its behalf) with its customers about the quality of goods and services that they require, with reference to the prices of those goods and services; and
(iii) properly consider the views expressed by customers during and after that consultation; andNext Page →
NZ Gazette 2008, No 106
✨ LLM interpretation of page content
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Commerce Act (Transpower Thresholds) Notice 2008
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🏭 Trade, Customs & IndustryCommerce Act, Transpower, Thresholds, Notice, 2008, Definitions, Assessment, Auditor, CPI, Customer, Economic Value, Quality Threshold, Unplanned Interruptions, Total Interruptions, Customer Communication