✨ Energy Companies Control Declarations
16 FEBRUARY 2010 NEW ZEALAND GAZETTE, No. 16 397
Mainpower New Zealand Limited
- The price path breach during the 2008/09 assessment period is predominately explained by Mainpower’s actual pass-through costs being lower than budgeted; and
- Mainpower’s disclosed ROI results do not appear to provide prima facie evidence that it consistently earned excessive profits over the regulatory period.
Marlborough Lines Limited
- Marlborough Lines’ disclosed ROI results do not appear to provide prima facie evidence that it consistently earned excessive profits over the regulatory period; and
- Marlborough Lines’ quality threshold breaches during the 2008/09 assessment period do not appear to provide prima facie evidence of a sustained problem. However, the Commission will continue to monitor Marlborough Lines’ performance.
Nelson Electricity Limited
- The price path breach during the 2008/09 assessment period is predominately explained by Nelson Electricity’s actual pass-through costs being lower than budgeted;
- Nelson Electricity’s disclosed ROI results do not appear to provide prima facie evidence that it consistently earned excessive profits over the regulatory period; and
- Nelson Electricity’s quality threshold breaches during the 2008/09 assessment period do not appear to provide prima facie evidence of a sustained problem.
Network Tasman Limited
- Network Tasman’s quality threshold breach during the 2008/09 assessment period does not appear to provide prima facie evidence of a sustained problem.
Northpower Limited
- Northpower’s quality threshold breach during the 2008/09 assessment period does not appear to provide prima facie evidence of a sustained problem.
OtagoNet Joint Venture
- OtagoNet’s disclosed ROI results do not appear to provide prima facie evidence that it consistently earned excessive profits over the regulatory period; and
- OtagoNet’s quality threshold breaches during the 2008/09 assessment period do not appear to provide prima facie evidence of a sustained problem. OtagoNet’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.
Powerco Limited
- The breach of the reliability threshold is significantly reduced when the SAIDI value is normalised using Powerco’s identified MEDs; and
- Powerco’s reliability results do not indicate deterioration in its performance against its threshold.
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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, ROI, Quality Threshold, Performance Monitoring