The Commission’s determination may require suppliers to disclose certain specified information relevant to their performance (such as financial statements, prices and quality performance measures), including forward-looking information (such as forecasts and asset management plans).
Until the Commission makes its determination, EDBs are subject to the Electricity Distribution (Information Disclosure) Requirements 2008, and Transpower is regulated under the Electricity Information Disclosure Requirements 2004.
Some provisions of the previous Electricity Information Disclosure Requirements 2004 remain applicable to EDBs, through transitional provisions incorporated in Part 4 of the Electricity Distribution (Information Disclosure) Requirements 2008.
The Commission is currently in the process of developing information disclosure requirements under Part 4 for electricity distribution businesses, and Transpower.
Part 4 Review of Electricity Information Disclosure Requirements
Section 53A of the Act provides that the purpose of information disclosure is to ensure that sufficient information is readily available to interested persons to assess whether the purpose of Part 4 of the Act is being met.
Current Electricity Information Disclosure Requirements
As part of its review of the Disclosure Requirements, on 20 December 2007 the Commission issued a Consultation Package, including the Exposure Draft of proposed changes to the Disclosure Requirements, and sought feedback on the changes. After considering the views of interested parties the Commission has amended the Exposure Draft.
Valuation of the Regulatory Asset Base
This decision paper sets out the Commission's final decisions on valuation implementation matters. For each of the matters, this paper summarises the main views provided by interested parties, the Commission's response to those views and its final decision.
Review of Asset Management Plans
An Asset Management Plan (AMP) is intended to be the principal document that drives an Electricity Distribution Business’s asset investment planning.
Electricity Information Disclosure Summary and Analysis
Under Section 53B(2)(b) of the Act, the Commerce Commission is required to publish a summary and analysis of information that is publicly disclosed by regulated electricity lines businesses.
