✨ Electricity Distribution Price-Quality Path Determination
4274 NEW ZEALAND GAZETTE, No. 174 30 NOVEMBER 2009
COMMERCE ACT (SUMMARY OF ELECTRICITY DISTRIBUTION DEFAULT PRICE-QUALITY PATH DETERMINATION) NOTICE 2009
Pursuant to Part 4 of the Commerce Act 1986 (the "Act"), the Commerce Commission (the "Commission") gives the following notice.
NOTICE
1. Title
This notice is the Commerce Act (Summary of Electricity Distribution Default Price-Quality Path Determination) Notice 2009.
2. Electricity distribution default price-quality path determination
2.1 The Commission has this 30th day of November 2009 made the Commerce Act (Electricity Distribution Default Price-Quality Path) Determination 2010 (the "Determination").
2.2 The Determination resets the default price-quality path provided for by section 54J(2) of the Act, as required by section 54K(1) of the Act.
2.3 In accordance with section 52P(7)(b) of the Act, this notice is published as a summary of the Determination.
3. Summary of the Determination
3.1 The Determination sets out the default price-quality path applying to electricity distribution businesses that are subject to default/customised price-quality regulation under the Act ("Non-exempt EDBs").
3.2 The Determination applies for the period 1 April 2010 to 31 March 2015 ("Regulatory Period").
3.3 The default price-quality path consists of a price path and quality standards that each Non-exempt EDB is required to comply with during the Regulatory Period.
3.4 In relation to the price path, the Determination specifies:
(a) the maximum prices a Non-exempt EDB may charge for the supply of electricity lines services, which are derived from its allowable notional revenue; and
(b) starting prices as the prices a Non-exempt EDB charged as at 31 March 2010; and
(c) a common rate of change in prices, relative to the consumer price index, of 0% per annum for all Non-exempt EDBs.
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NZ Gazette 2009, No 174
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🏭 Summary of Electricity Distribution Default Price-Quality Path Determination
🏭 Trade, Customs & IndustryElectricity Distribution, Price-Quality Path, Commerce Act 1986, Commerce Commission
- Commerce Commission