✨ Electricity Industry Notices
14 JUNE 2012 NEW ZEALAND GAZETTE, No. 67 1869
(g) the requirement in clause 14.36(1) of the Code that the issuing of invoices is completed two business days after receiving reconciliation information; and
(h) the requirement in clause 14.36(2) of the Code that the issuing of invoices to each person to whom ancillary service costs have been allocated is completed two business days after receiving reconciliation information.
(2) The clearing manager is exempted, in respect of trading periods 22 to 35 on 26 March 2011 and in respect of generation plant in the North Island, from compliance with the requirement in clause 13.212 of the Code for the clearing manager to include constrained on compensation in any invoice issued to generators or ancillary service agents.
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Term—This exemption expires on 31 August 2012.
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Reasons for granting the exemption—The reasons for granting this exemption are:
(a) the Authority’s decision to correct the undesirable trading situation (“UTS”) on 26 March 2011 involves determining the final prices (and final reserve prices) for trading periods 22 to 35 on 26 March 2011;
(b) due to final prices and final reserve prices not being published until 17 May 2012, the clearing manager will not be able to comply with clauses 13.197, 13.198, 13.199, 13.206, 13.207, 13.208, 14.36(1) and 14.36(2);
(c) due to the UTS decision requiring the calculation of constrained on amounts under Part 13 of the Code for trading periods 22 to 35 on 26 March 2011 to be curtailed, so that no constrained on compensation will be paid in respect of generation plant in the North Island, the clearing manager will not be able to comply with clause 13.212;
(d) the exemption means the Authority’s UTS decision can be implemented without the clearing manager breaching the Code;
(e) it is not necessary for the clearing manager to meet these requirements for the Authority to achieve its statutory objective; and
(f) granting the exemption will reduce overall administration and compliance costs as the clearing manager will not have to report its breaches and the Authority will not be required to investigate them.
Dated at Wellington this 8th day of June 2012.
For and on behalf of the Electricity Authority:
HON ROGER SOWRY, Acting Chairperson, Electricity Authority.
au3553
Electricity Industry (Levy of Industry Participants) Regulations 2010
Notice of Annual Levy Rates for the Financial Year Ending 30 June 2013
Pursuant to Regulation 8 of the Electricity Industry (Levy of Industry Participants) Regulations 2010 (“Regulations”), the Electricity Authority (“Authority”) gives the following notice.
Notice
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Title—This notice is the Notice of Annual Levy Rates for the Financial Year Ending 30 June 2013.
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Levy rates—The Authority has calculated the annual levy rates for the financial year ending 30 June 2013 in accordance with Regulation 7 of the Regulations, as follows:
| Generators | Purchasers | Retailers | Distributors (including Transpower) | Distributors (excluding Transpower) | Transpower | |
|---|---|---|---|---|---|---|
| Common quality operations | $0.1603/MWh | $0.1603/MWh | $0.0894/MWh | |||
| Market operations | $0.4027/MWh | $0.4027/MWh | ||||
| Registry and consumer | $0.8756/ICP | $0.8758/ICP | ||||
| operations | ||||||
| Supply reliability | $0.0095/MWh | |||||
| operations | ||||||
| Transmission operations | $0.0146/MWh | |||||
| Electricity efficiency | $0.3724/MWh | |||||
| operations | ||||||
| Customer switching fund | $2.4823/ICP | |||||
| Other activities | $0.0505/MWh | $0.0505/MWh | $0.0282/MWh |
Dated at Wellington this 8th day of June 2012.
For and on behalf of the Electricity Authority:
HON ROGER SOWRY, Acting Chairperson, Electricity Authority.
au3552
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NZ Gazette 2012, No 67
✨ LLM interpretation of page content
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Electricity Industry Exemption Notice
(continued from previous page)
🏭 Trade, Customs & Industry8 June 2012
Electricity Industry Act 2010, Exemption, Clearing Manager, Compliance
- HON ROGER SOWRY, Acting Chairperson, Electricity Authority
🏭 Notice of Annual Levy Rates for the Financial Year Ending 30 June 2013
🏭 Trade, Customs & Industry8 June 2012
Electricity Industry, Levy Rates, Financial Year, Regulations
- HON ROGER SOWRY, Acting Chairperson, Electricity Authority