✨ Compliance Assessments
29 SEPTEMBER 2008 NEW ZEALAND GAZETTE, No. 146 3971
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the Commission considers that Orion appropriately dealt with the interim rebate by returning the full amount, plus interest, to its customers;
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in the 2006/07 assessment period, the SAIDI reliability threshold is no longer exceeded after removing the effects of extreme events – Orion is within Safe Harbour for this breach;
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Orion did not breach its quality threshold in 2007/08;
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Orion’s reliability (SAIDI and SAIFI) results do not indicate a deterioration in its network reliability against its thresholds; and
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the Commission has no other section 57E concerns.
Powerco Limited
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The price path breach during the 2006/07 assessment period was solely caused by the interim rebate provided by Transpower;
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the Commission considers that Powerco appropriately dealt with the interim rebate by returning the full amount, plus interest, to its customers; and
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the Commission has no other section 57E concerns.
Scanpower Limited
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Scanpower’s price path breach during the 2004/05 assessment period was caused by a combination of differences between budgeted and actual pass-through transmission costs, and a pricing structure not being in place for the full 12 month period;
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the price path breach during the 2005/06 assessment period was solely caused by differences between budgeted and actual pass-through transmission costs;
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Scanpower has initiated a pricing strategy that will return the full amount of the 2004/05 and 2005/06 breaches to its customers, by achieving a notional revenue deliberately lower than its allowable notional revenue;
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the price path breach during the 2006/07 assessment period was solely caused by the interim rebate provided by Transpower;
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the Commission considers that Scanpower appropriately dealt with the interim rebate by returning the full amount, plus interest, to its customers;
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although the trend in Scanpower’s reliability results may indicate deterioration in its SAIFI performance against its threshold;
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the Commission is satisfied that this is not a material deterioration in quality but will continue to monitor both Scanpower’s SAIFI and SAIDI statistics to identify any long term decline in reliability; and
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the Commission has no other section 57E concerns.
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✨ LLM interpretation of page content
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Orion New Zealand Limited Compliance Assessment
(continued from previous page)
🏭 Trade, Customs & IndustryElectricity, Price Path Breach, Rebates, SAIDI, SAIFI, Reliability
🏭 Powerco Limited Compliance Assessment
🏭 Trade, Customs & IndustryElectricity, Price Path Breach, Rebates, Transpower
🏭 Scanpower Limited Compliance Assessment
🏭 Trade, Customs & IndustryElectricity, Price Path Breach, Rebates, SAIFI, SAIDI, Reliability
NZ Gazette 2008, No 146