New Zealand Gazette – 2008 – No. 95

Page 2553

✨ Electricity Distribution Compliance Reports



6 JUNE 2008

NEW ZEALAND GAZETTE, No. 95

2553

  • reduction in pass-through costs was passed on to its customers going forward;

  • The 2005 price path breach was caused by an anomaly in clause 5(1)(b) of the 2004 Notice;

  • if Orion’s 2005 price is tested under the revised clause 5(1)(b) of the 2006 Notice, then it would not breach its 2005 price path threshold; and

  • the Commission has no other section 57E concerns.

Powerco Limited

  • The 2004 price path breach was caused by differences in budgeted and actual pass-through costs;

  • Powerco did not change its prices over the 2004 assessment period;

  • the 2004 Notice required Powerco to set its prices so that its initial allowable revenue would not have breached the price path threshold at the second assessment date. This in effect required Powerco to set its prices so that the reduction in pass-through costs was passed on to its customers going forward;

  • Powerco’s breach of its quality threshold during the 2006 assessment period is sufficiently minor, with only its SAIFI threshold being breached by 0.01 interruptions (0.4%), to take no further action;

  • the breach of the reliability threshold during the 2004 assessment period is significantly reduced when the SAIDI and SAIFI values are normalised;

  • in the 2006 assessment period, the reliability threshold is no longer exceeded after the SAIDI and SAIFI values are normalised – “safe harbour” provided for this breach;

  • Powerco’s reliability (SAIDI and SAIFI) results do not indicate a deterioration in its network reliability against its thresholds; and

  • the Commission has no other section 57E concerns.

Scanpower Limited

  • Scanpower’s reliability trend does not indicate a deterioration in its performance against its thresholds:

    • the breach of the SAIDI reliability threshold during the 2004 assessment period is reduced to 5.5 minutes (6.6%) when normalised and the SAIFI threshold is no longer exceeded;

    • the 2006 assessment period breach of the SAIFI reliability threshold is relatively minor and is further reduced when the SAIFI value is normalised; and

  • the Commission has no other section 57E concerns.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 95


Gazette.govt.nz — PDF NZ Gazette 2008, No 95




✨ LLM interpretation of page content

🏭 Orion New Zealand Limited Price Path Breach Assessment (continued from previous page)

🏭 Trade, Customs & Industry
Electricity Distribution, Price Path Breach, Pass-Through Costs, Regulatory Compliance, Orion New Zealand Limited

🏭 Powerco Limited Price Path Breach Assessment

🏭 Trade, Customs & Industry
Electricity Distribution, Price Path Breach, Pass-Through Costs, Reliability Thresholds, Powerco Limited

🏭 Scanpower Limited Reliability Assessment

🏭 Trade, Customs & Industry
Electricity Distribution, Reliability Thresholds, SAIDI, SAIFI, Scanpower Limited