New Zealand Gazette – 2009 – No. 44

Page 1043

✨ Commerce Commission Decision



31 MARCH 2009 NEW ZEALAND GAZETTE, No. 44 1043

Decision not to declare control

The Commission has determined that it is consistent with section 52A of the Act not to make a declaration of control under Part 4A in respect of electricity distribution services supplied by The Power Company for its breach of the 2007/08 price path and quality threshold for the following reasons:

  • The Power Company is not earning excess returns, despite its five years of price increases implemented to raise its rate of return; and
  • The Power Company’s normalised network reliability performance trend, and the 2007/08 breach, excluding extreme events, is well below the SAIDI and SAIFI criteria of the quality threshold;
  • the Commission’s experts have advised that The Power Company’s network reliability, level of planned capital expenditure, and maintenance and engineering practices appear sound; and
  • the Commission has no other section 52A concerns.

Any comments and questions on this notice may be sent by email to:
electricity@comcom.govt.nz; or by mail to Network Performance Branch, Commerce Commission, P.O. Box 2351, Wellington; or by facsimile (04) 924 3700.

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Online Sources for this page:

Gazette.govt.nz — PDF NZ Gazette 2009, No 44




✨ LLM interpretation of page content

🏭 Decision Not to Declare Control of The Power Company Limited (continued from previous page)

🏭 Trade, Customs & Industry
Commerce Act, Control, The Power Company Limited, Decision, Electricity Distribution