Documents
Submissions on Draft Decisions Paper - Pricing Principles, Guidelines and Reporting Requirements
(7 documents)
- BARNZ - Glossary PDF (268 KB)
- Contact Energy - Submission on Electricity Governance Board Authorisation Application - 22 February 2002 PDF (82 KB)
- Electricity Governance Board Limited - Contact Submission
- Mighty River Power - Submission on Electricity Governance Board Draft Determination - 22 May 2002 PDF (228 KB)
- In Mighty River Power's opinion the EGBL arrangements are preferable to the counter-factual of a Crown EGB.
- Orion - Submission on the Electricity Governance Board Draft Determination - 26 April 2002 PDF (70 KB)
- Orion New Zealand Limited (Orion) makes this submission as a prospective distributor member of the EGB rulebook. Orion supports the submission made by the Electricity Networks Association.
- Powerco - Submission on Valuation of the Regulatory Asset Base: Decision Paper - 10 November 2005 PDF (191 KB)
- Elecricity Lines Businesses - PWC Report - Submission on the Gas Authorisation Draft Decisions Paper - Pricing Principles, Guidelines and Reporting Requirements - 25 January 2008 PDF (124 KB)
- Vector - Submission on Recommendations for Extreme Event Criteria - 31 October 2005 PDF (97 KB)
Invitation for Submissions on Direct Operating and Capital Expenditure - 6 August 2008
(3 documents)
- Authorisation for the Control of Supply of Natural Gas Distribution Services by Vector Ltd and Powerco Ltd - Invitations for Submissions on Direct Operating and Capital Expenditure - 6 August 2008 PDF (44 KB)
- The purpose of this memorandum is to invite submissions from interested parties on matters relating to determining the direct operating and capital expenditure allowances for the Authorisation for the Control of Supply of Natural Gas Distribution Services by Vector Ltd and Powerco Ltd (Authorisation).
- Parsons Brinckerhoff - Gas Control - Powerco Ltd - Review of Capital and Operating Expenditures - Final Recommendations - 31 July 2008 PDF (511 KB)
- Powerco - Submission on Gas Control - Powerco Ltd - Review of Capital and Operating Expenditures - Final Recommendations - 20 August 2008 PDF (96 KB)
Cross Submissions on Draft Decisions Conference
(33 documents)
- Auckland Energy Consumer Trust - Cross Submission on Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco and Vector - 14 March 2008 PDF (242 KB)
- Auckland Energy Consumer Trust - Cross Submission on Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco and Vector - Cover Letter - 14 March 2008 PDF (28 KB)
- Babcock & Brown Infrastructure - Cross Submission - Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco Ltd and Vector Ltd - 14 March 2008 PDF (239 KB)
- Babcock & Brown Infrastructure - Spreadsheet - Building Blocks Example PDF (15 KB)
- BARNZ - Cross Submission by BARNZ on draft decision paper on Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco Ltd and Vector Ltd (draft Auhtorisation) - 6 March 2008 PDF (517 KB)
- Bruce Forbes - Submission on Proposed Gas Network Pricing Principles and Guidelines - 11 March 2008 PDF (29 KB)
- Infratil - Cross Submission on matters raised at the Commission's Conference on the Natural Gas Distribution Services Draft Decision held 18-21 February 2008 - 17 March 2008 PDF (130 KB)
- Nova Gas - Cross Submission on Powerco and Vector Draft Pricing Decisions - 14 March 2008 PDF (1.1 MB)
- Powerco - Cross Submission on Commerce Commission's Draft Authorisation Decision Paper - 18 March 2008 PDF (631 KB)
- Powerco - Opex-Capex Cross Submission - Procurement Policy - Public Version PDF (66 KB)
- Powerco - Answers to Questions - Direct Opex and Capex - 11 April 2008 PDF (466 KB)
- Powerco - Opex -Capex Cross Submission - Powerco Bell Block Bypass NPAM - 7 November 2007 PDF (66 KB)
- Powerco - Opex Capex Cross Submission - List of Delegated Authorities PDF (77 KB)
- Powerco - Opex-Capex Cross Submission - Dowse to Petone Interchange Project - Public Version - 13 September 2007 PDF (71 KB)
- Powerco - Opex-Capex Cross Submission - Forecast GMS Installation Movement PDF (12 KB)
- Powerco - Opex-Capex Cross Submission - Powerco Meeting File Note PDF (74 KB)
- Powerco - Control of Natural Gas Distribution Services - Cross Submissions on Draft Decision Conference - 4 April 2008 PDF (122 KB)
- Powerco - Cross Submission on Draft Authorisation Decision Paper - Tax Issues - 20 March 2008 PDF (134 KB)
- Powerco - Sinclair Knight Merz - Gas Pipeline Asset Valuation: Rocky Ground Multiplier Review - 14 March 2008 PDF (120 KB)
- Powerco - Wilson Cook - Powerco Limited: Gas Network Fixed Asset Valuation at 1 July 2002: Post Conference Revisions - 17 March 2008 PDF (28 KB)
- Vector - Cross Submission on the Gas Final Authorisation Draft Decisions - 18 March 2008 PDF (575 KB)
- Appendix 1 - Vector - Cross Submission on the Commission's Draft Decisions on Supply of Gas Distribution Services - 16 March 2008 PDF (165 KB)
- Appendix 2a - To Vector - Letter of Instruction - Notice under s70E Commerce Act 1986 - 3 October 2006 PDF (34 KB)
- Appendix 2b - To Vector - Notice Pursuant to s70E of the Commerce Act 1986 - 3 October 2006 PDF (1 MB)
- Appendix 2c - To Vector - Letter of Instruction - Notice under s70E of the Commerce Act 1986 - 15 February 2007 PDF (132 KB)
- Appendix 2d - To Vector - Notice Pursuant to s70E of the Comemrce Act 1986 - 15 February 2007 PDF (568 KB)
- Appendix 3 - Vector - MGF Webb Memorandum - 18 March 2008 PDF (181 KB)
- Appendix 4 - Vector - PWC Report - Cross Submission on Regulatory Tax Issues on Draft Decisions - Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco and Vector - 18 March 2008 PDF (119 KB)
- Appendix 5 - NZIER Memorandum - Commerce Commission's Queries Regarding Stand Alone Costs for Vector Auckland Gas - 11 March 2008 PDF (57 KB)
- Appendix 8 - NZIER Memorandum - Commerce Commission's Queries Regarding Capital Goods Price Index Forecast - 13 March 2008 PDF (183 KB)
- MEUG - Cross Submission on Gas Draft Decisions Conference PDF (25 KB)
- Orion - Cross Submission on Gas Draft Decisions Conference PDF (1.2 MB)
- Vector- Castalia Cross Submission on Gas Draft Decisions Conference PDF (72 KB)
Draft Decisions Conference - Process
(4 documents)
- Authorisation for the Control of Supply of Natural Gas Distribution Services by Vector Ltd and Powerco Ltd - Conference On Draft Decisions - Agenda - February 2008 PDF (71 KB)
- The Commission wishes to explore the following key topics with participating parties at the Conference:
- Asset Valuation.
- Form of Control.
- Operating and Capital Expenditure.
- Regulated Rate of Return.
- Regulatory Tax. - Authorisation for the Control of Supply of Natural Gas Distribution Services by VectorLtd and Powerco Ltd - Conference on Draft Decisions - 17 January 2008 PDF (28 KB)
- The Commission released its Draft Decisions Paper on 4 October 2007. Submissions were due on 12 November, subsequently extended to 30 November 2007. A further Draft Decisions Paper on Pricing Principles, Guidelines and Reporting Requirements for the Authorisation was released on 7 December 2007. Submissions on this paper are due on 25 January 2008. These papers together are referred to as the 'Draft Decisions'.
- Authorisation for the Control of Supply of Natural Gas Distribution Services by Vector Ltd and Powerco Ltd - Conferece on Draft Decisions - Further Details on Key Topics - February 2008 PDF (79 KB)
- The Commission has previously advised that it wishes to explore the following key topics with participating parties at the Conference:
- Asset Valuation.
- Form of Control.
- Operating and Capital Expenditure.
- Regulated Rate of Return.
- Regulatory Tax. - Authorisation for the Control of Supply of Natural Gas Distribution Services by Vector Ltd and Powerco Ltd - Conferece on Draft Decisions - Key Topics and Draft Agenda - February 2008 PDF (77 KB)
- The Commission wishes to explore the following key topics with participating parties at the Conference:
- Asset Valuation.
- Form of Control.
- Operating and Capital Expenditure.
- Regulated Rate of Return.
- Regulatory Tax.
Draft Decisions Conference - Transcripts
(4 documents)
- Natural Gas Distribution Services by Vector Ltd and Powerco Ltd - Conference on Draft Decisions Day 1 - 18 February 2008 PDF (259 KB)
- CHAIR: I'd like to convene the meeting please. I'd like to start off by saying good afternoon and welcome to everyone that has come today to the Commerce Commission's conference on the Draft Decisions paper on the proposed authorisation for the supply of national gas distribution services by Vector and Powerco. I'm Paula Rebstock, Chair of the Commerce Commission and I'll be chairing this conference.
- Natural Gas Distribution Services by Vector Ltd and Powerco Ltd - Conference on Draft Decisions Day 2 - 19 February 2008 PDF (402 KB)
- CHAIR: All right good morning everyone, I'd like to welcome you today to the second session of the Commerce Commission's conference on the authorisation for the control of supply of natural gas distribution services by Vector and Powerco. As we start the session today we will again be talking to Vector and their advisors at the beginning of the day, and the first session will be on regulatory tax and PwC is here on behalf of Vector and I would like to welcome you both and John if you could please introduce yourselves for the record and begin with your short presentation when you're ready, thank you
- Natural Gas Distribution Services by Vector Ltd and Powerco Ltd - Conference on Draft Decisions Day 3 - 20 February 2008 PDF (616 KB)
- CHAIR: All right, good morning everyone, I'd like to welcome you to the third day of the Commission's conference on the authorisation for the control of supply of the natural gas distribution services of Powerco and Vector. Today we have Powerco with us to extend through today and into tomorrow, so I'd like to welcome their team. Before we get started I just thought it might be helpful to summarise some of the issues that have come up to date in the proceedings and some of the Commission's thinking we'd like to get feedback on.
- Natural Gas Distribution Services by Vector Ltd and Powerco Ltd - Conference on Draft Decisions Day 4 - 21 February 2008 PDF (470 KB)
- CHAIR: This session will be on the form of control and I'll ask Dr Lawrence please to lead the discussion on this.
MR BARBOUR: Madam Chair is there opportunity for a small opening statement?
CHAIR: Sure, I'm sorry, I do apologise.
Draft Decisions Conference - Presentations
(4 documents)
- Vector - Presentation - Vector Draft Final Authorisation - February 2008 PDF (369 KB)
- PWC - Draft Decisions Conference Presentation - Regulatory Tax - Authorisation for the Control of Supply of Natural Gas Distribution Services by Vector - 19 February 2008 PDF (30 KB)
- BARNZ - Natural Gas Distribution Authorisation Conference Presentation - 21 February 2008 PDF (33 KB)
- Gas ODV - Asset Value Chart PDF (266 KB)
Submissions on Draft Decisions Paper
(50 documents)
- Auckland Energy Consumer Trust - Draft Decision on Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco and Vector - Submission Cover Letter - 30 November 2007 PDF (28 KB)
- Babcock & Brown Infrastructure - Submission - Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco Ltd and Vector Ltd - Response - 30 November 2007 PDF (2 MB)
- BARNZ - BARNZ Profile - September 2007 PDF (21 KB)
- Bruce Forbes - Submission on the Commerce Commission's Draft Decision Paper on the Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco Ltd and Vector Ltd - Likely Effects of the Proposed Controls on Gas Distribution Net PDF (34 KB)
- Electricity Invercargill - Submission on the Vector and Powerco Gas Authorisation Draft Decisions Paper - Support Letter - 30 November 2007 PDF (30 KB)
- Otago Net - Submission on the Vector and Powerco Gas Authorisation Draft Decisions Paper - 30 November 2007 PDF (29 KB)
- The Power Company - Submission on the Vector and Powerco Gas Authorisation Draft Decisions Paper - 30 November 2007 PDF (32 KB)
- comcom-infratillecgreportdraftgasauthorisationreview-nov2007.pdf PDF (441 KB)
- Infratil - Submission on the Commission's Draft Decisions Paper dated 4 October 2007 "Authorisation fro the Control of Supply of Natural Gas Distrbution Services by Powerco Ltd and Vector Ltd" - 3 December 2007 PDF (67 KB)
- comcom-meugiwadraftguidelinesforestimatingcostofcapital-dec2005.pdf PDF (834 KB)
- comcom-meugcameronpartnersreportdraftguidelinesforestimatingcostofcapital-dec2005.pdf PDF (352 KB)
- Nova Gas - Submission in Respect of Powerco and Vector Price Control Draft Decisions Paper - 12 December 2007 PDF (1.3 MB)
- Orion - Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco Ltd and Vector Ltd: Draft Decisions Paper - Cover Letter - 30 November 2007 PDF (42 KB)
- Powerco - Submission on Draft Decisions Paper - 30 November 2007 PDF (551 KB)
- Powerco - Allen Consulting Report - Control of Natural Gas Distribution Services - Draft Decision Paper PDF (292 KB)
- Powerco - Case Associates Report - Draft Decisions on Paper on Supply of Natural Gas Distribution Services - 29 November 2007 PDF (280 KB)
- Powerco - Castalia Report - Powerco Volume Forecasts - 29 November 2007 PDF (208 KB)
- Powerco - Notes on the FY2007 / 08 Network Budget and Ten Year Forecasts - Gas Networks - 30 November 2007 PDF (2.9 MB)
- Powerco - Supplementary Submission - Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco Ltd and Vector Ltd Draft Decisions Paper PDF (47 KB)
- Appendix A - GNS Report - Geological ground conditions along the Powerco Limited gas pipeline network - November 2007 PDF (3 MB)
- Appendix B - Powerco - Sinclair Knight Merz Letter - Gas Pipeline Asset Valuation: Rocky Ground Multiplier Review - 14 December 2007 PDF (46 KB)
- Powerco - Supplementary Submission on Commerce Commission's Draft Authorisation Decision Paper in Relation to Opex and Capex - 31 January 2008 PDF (1.9 MB)
- Appendix C - Powerco - 2005 Gas ODV Valuation: Overview of Rocky Ground Multipliers - 14 December 2007 PDF (1.5 MB)
- Powerco - 2005 Gas ODV Valuation - Reassessment of Rocky Ground Mutlipliers - 14 December 2007 PDF (414 KB)
- Appendix D - Attachment B3 PDF (39 KB)
- Appendix D - Attachment B4 PDF (38 KB)
- Appendix E - Powerco - Wilson Cook & Co Report - Gas Network Fixed Asset Valuation at 1 July 2002 and Related Regulatory Issues - 14 December 2007 PDF (132 KB)
- Appendix F - Powerco - KPMG Report - Procedures performed in respect of gas assets as at 30 June 2002 - December 2007 PDF (294 KB)
- Appendix G - Prof. David K Round Report - Sound Regulatory Practice: A Commentary on the Implications of the Commerce Commission's Draft Authorisation Report on Prices to be Charged by Powerco for Natural Gas Distribution - 10 December 2007 PDF (162 KB)
- Appendix H - Allen Consulting - Commerce Commission's Treatment of Taxation in the Draft Decisions Document - 14 December 2007 PDF (69 KB)
- Tenix - Submission on the Gas Authorisation Draft Decisions Paper - 30 November 2007 PDF (49 KB)
- Vector - Gas Final Authorisation - Response to Draft Decisions Paper - 17 March 2008 PDF (959 KB)
- Vector Appendix 1 - MGF Webb Memo - Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco Ltd and Vector Ltd Draft Decisions - 29 November 2007 PDF (161 KB)
- Vector - Appendix 2 - Comments on Commission's Draft Decisions Paper on Supply of Gas Distribution Services - 29 November 2007 PDF (572 KB)
- Vector - Appendix 3 - PWC Report - Draft Decisions Paper, Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco Ltd and Vector Ltd - Taxation Issues - 30 November 2007 PDF (410 KB)
- Vector - Appendix 5 - NZIER Report - Capital Goods Price Index Forecast - 15 November 2007 PDF (136 KB)
- Vector - Appendix 6 - LECG Report - Estimate of WACC in the Draft Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco Ltd and Vector Ltd - 26 November 2007 PDF (442 KB)
- Vector - Appendix 7 - NZIER Report - Auckland Gas - An Estimate of its Operating Costs on a Stand Alone Basis - 7 December 2007 PDF (125 KB)
- Vector - Gas Final Authorisation - Valuation Related Issues - 14 December 2007 PDF (365 KB)
- Vector Appendix 1 - Memo to GNS - Ground Classifications - 12 November 2007 PDF (82 KB)
- Vector - Gas Final Authorisation - Response to Questions - 12 December 2007 PDF (371 KB)
- AECT - Submission on Vector/Powerco Draft Decisions Paper PDF (414 KB)
- BARNZ - Submission on Vector/Powerco Draft Decisions Paper PDF (1.2 MB)
- ENA - Submission on Vector/Powerco Draft Decisions Paper PDF (52 KB)
- MEUG - Submission on Vector/Powerco Draft Decisions Paper PDF (35 KB)
- Mighty River - Submission on Vector/Powerco Draft Decisions Paper PDF (88 KB)
- Orion - Submission on Vector/Powerco Draft Decisions Paper PDF (182 KB)
- PWC - Submission on Vector/Powerco Draft Decisions Paper PDF (103 KB)
- Unison - Submission on Vector/Powerco Draft Decisions Paper PDF (392 KB)
- WEL - Submission on Vector/Powerco Draft Decisions Paper PDF (35 KB)
Draft Decisions Paper - Consultants Reports
(15 documents)
- Gas Control Model 2007 PDF (264 KB)
- Martin Lally - The Weighted Average Cost of Capital for Gas Pipeline Businesses - 3 September 2007 PDF (549 KB)
- Martin Lally - International Comparison of Regulatory Costs of Capital for Gas Pipeline Businesses - 23 September 2007 PDF (171 KB)
- Meyrick Report - Vector and Powerco Indirect Cost Review - 5 September 2007 PDF (280 KB)
- Meyrick - Vector and Powerco Indirect Cost Review - Annex 1 PDF (847 KB)
- Merick - Vector and Powerco Indirect Cost Review - Annex 2 Microsoft Excel Spreadsheet (811 KB)
- Merick - Vector and Powerco Indirect Cost Review - Annex 3 Microsoft Excel Spreadsheet (149 KB)
- Meyrick Report - Indexation Issues for Gas Control - 5 July 2007 PDF (143 KB)
- Meyrick - Gas Distribution Pricing Principles - 6 November 2007 PDF (230 KB)
- comcom-controlofsupplypbareportrevaluationgain-jul2007.pdf PDF (87 KB)
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Parsons Brinckerhoff - Gas Control - Estimate of the Revaluation Gain between 30 June 2003 and 30 June 2005 included in the valuation of Vector's Gas Distribution Assets - 23 July 2007
PDF (66 KB) - Parsons Brinckerhoff - Gas Control - Review of the Valuation of the Opening Regulatory Asset Base of Vector Limited - 23 July 2007 PDF (254 KB)
- Parsons Brinckerhoff - Gas Control - Review of the Valuation of the Opening Regulatory Asset Base of Powerco Ltd - 23 July 2007 PDF (166 KB)
- Parsons Brinckerhoff - Gas Control - Vector Ltd - Review of Capital and Operating Expenses - 16 August 2007 PDF (743 KB)
- Parsons Brinckerhoff - Gas Control - Powerco Ltd - Review of Capital and Operating Expenditures - 16 August 2007 PDF (1.1 MB)
Draft Decisions Paper, 30 October 2007
(2 documents)
- Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco Ltd and Vector Ltd - Draft Decisions Paper - 4 October 2007 PDF (1.7 MB)
- Authorisation for the Control of Supply of Natural Gas Distribution Services by Powerco Ltd and Vector Ltd - Draft Decisions Paper - Pricing Principles, Guidelines, and Reporting Requirements - 7 December 2007 PDF (217 KB)