New Zealand Gazette – 2014 – No. 144

Page 5

✨ Electricity Distribution Businesses Regulations



NEW ZEALAND GAZETTE, No. 144 — 28 NOVEMBER 2014

section 54G(2) of the Act), excluding Orion New Zealand Limited. This determination will apply to Orion New Zealand Limited after the expiration of the Orion New Zealand Limited Customised Price-Quality Path Determination 2013 [2013] NZCC 21.

Summary of the determinations

  1. The determination applies for the regulatory period starting 1 April 2015 and expiring on 31 March 2020 to the following non-exempt EDBs:
  • Alpine Energy Limited
  • Aurora Energy Limited
  • Centralines Limited
  • Eastland Network Limited
  • Electricity Ashburton Limited
  • Electricity Invercargill Limited
  • Horizon Energy Distribution Limited
  • Nelson Electricity Limited
  • Network Tasman Limited
  • OtagoNet Joint Venture
  • Powerco Limited
  • The Lines Company Limited
  • Top Energy Limited
  • Unison Networks Limited
  • Vector Limited
  • Wellington Electricity Lines Limited

  1. The determination applies to Orion New Zealand Limited after the expiration of the Orion New Zealand Limited Customised Price-Quality Path Determination 2013 [2013] NZCC 21.

  2. The determination sets out the starting prices (expressed in the form of maximum allowable revenue) for each of the non-exempt EDBs, the annual rate of change relative to CPI that generally apply to non-exempt EDBs, and the alternative rates of change that apply to specified non-exempt EDBs.

  3. The quality standards that apply are specified by an annual reliability assessment of the non-exempt EDB against the SAIDI and SAIFI limits for each non-exempt EDB, which are specified in the determination. Each non-exempt EDB must comply with the annual reliability assessment for that assessment period, or in each of the two preceding assessment periods.

  4. Each non-exempt EDB is also subject to incentives to maintain or improve its quality of supply which includes:
    a. penalties by way of a reduction in the non-exempt EDB’s maximum prices based on whether, and by what amount, the non-exempt EDB fails to meet the required quality standards; and
    b. rewards by way of an increase in the non-exempt EDB’s maximum prices based on whether, and by what amount, the non-exempt EDB exceeds the required quality standards.

  5. Each non-exempt EDB must submit a compliance statement within 50 working days following the end of each assessment period during the regulatory control period.

  6. Each non-exempt EDB may, except in the 12 months before the end of the regulatory period, submit a proposal for a customised price-quality path:
    a. in the period beginning on the second Monday in February and ending six working days after;
    b. in the period beginning on the first Monday of May and ending six working days after; or
    c. within 24 months following a catastrophic event.

Further information

  1. Copies of the determination and reasons paper are available on the Commission’s website at www.comcom.govt.nz/regulated-industries/electricity/electricity-default-price-quality-path/default-price-


Next Page →



Online Sources for this page:

Gazette.govt.nz — PDF NZ Gazette 2014, No 144




✨ LLM interpretation of page content

🏭 Notice of Determination of Default Price-Quality Regulation Applicable to Electricity Distribution Businesses (continued from previous page)

🏭 Trade, Customs & Industry
28 November 2014
Commerce Act, Price-Quality Path, Electricity Distribution Businesses, Regulatory Period, Input Methodologies