✨ Energy Company Assessments
NEW ZEALAND GAZETTE, No. 16
16 FEBRUARY 2010
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Alpine Energy confirmed to the Commission that it had returned the full amount of the breach, plus interest to energy retailers on 30 June 2009. Once the amount returned to consumers is removed from Alpine Energy’s notional revenue, it no longer exceeds the price path threshold;
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the Commission considers that Alpine Energy appropriately dealt with the breach of the price path threshold by returning the full amount, plus interest to its consumers; and
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Alpine Energy’s quality threshold breach during the 2008/09 assessment period does not appear to provide prima facie evidence of a sustained problem.
Centralines Limited
- Centralines’ disclosed ROI results do not appear to provide prima facie evidence that it consistently earned excessive profits over the regulatory period.
Counties Power Limited
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The breach of the reliability threshold is significantly reduced when the SAIDI value is normalised using Counties Power identified major event days (MEDs)(^4); and
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Counties Power’s quality threshold breach during the 2008/09 assessment period does not appear to provide prima facie evidence of a sustained problem.
Eastland Network Limited
- Eastland Network’s disclosed ROI results do not appear to provide prima facie evidence that it consistently earned excessive profits over the regulatory period.
Electra Limited
- Electra’s quality threshold breach during the 2008/09 assessment period does not appear to provide prima facie evidence of a sustained problem.
Electricity Ashburton Limited
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Electricity Ashburton’s disclosed ROI results do not appear to provide prima facie evidence that it consistently earned excessive profits over the regulatory period; and
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Electricity Ashburton’s quality threshold breaches during the 2008/09 assessment period do not appear to provide prima facie evidence of a sustained problem.
Horizon Energy Distribution Limited
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Horizon Energy’s disclosed ROI results do not appear to provide prima facie evidence that it consistently earned excessive profits over the regulatory period. Horizon Energy’s performance will be monitored under the DPP and should it breach at a future compliance date the Commission would be able to assess the circumstances surrounding the breach and if necessary address any performance concerns at that time; and
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Horizon Energy’s quality threshold breach during the 2008/09 assessment period does not appear to provide prima facie evidence of a sustained problem.
4 Where the cumulative effect of individual outages per day exceeds the boundary value these days are deemed MEDs. These days are normalised by replacing each MED with the boundary value.
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NZ Gazette 2010, No 16
✨ LLM interpretation of page content
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Decisions Not to Declare Control for Energy Companies
(continued from previous page)
🏭 Trade, Customs & IndustryControl Declaration, Energy Companies, Price Path Threshold, Budgeted Costs