Media Releases

Canterbury power consumers’ opinions sought on proposed increase in prices

Wed, 01 May 2013 00:00:00 +1200

The Commerce Commission is seeking the views of Canterbury consumers on an application by the lines company Orion to increase its electricity prices as it rebuilds its network following the earthquakes. Orion is also seeking to recover lost revenue and extra costs incurred as a result of the quakes.

Commission seeks public comment on Orion Customised Price-Quality Path Proposal

Fri, 19 Apr 2013 00:00:00 +1200

The Commerce Commission has commenced the process for setting new maximum prices and new quality standards for Orion New Zealand Limited (“Orion”).

Commission approves amendment to costs Transpower can recover for Otahuhu Substation project

Mon, 15 Apr 2013 00:00:00 +1200

The Commerce Commission has approved an amendment to the Major Capital Expenditure Allowance (MCA) for the Otahuhu Substation Diversity Project. The maximum amount of expenditure that Transpower can now recover from consumers has increased from $99.0 million to $106.1 million (all in 2009 dollars).

New report tracks electricity distributor trends 2008 –2011

Wed, 30 Jan 2013 00:00:00 +1300

A new report from the Commerce Commission gives consumers information on how well their local electricity distribution business is performing.

New pricing limits for 16 electricity distribution businesses

Fri, 30 Nov 2012 00:00:00 +1300

The Commerce Commission has today released its final decision to reset the default price-quality paths for 16 electricity distributors.

Commission welcomes Supreme Court ruling on input methodologies

Thu, 15 Nov 2012 00:00:00 +1300

The Commerce Commission welcomes a Supreme Court decision today confirming that the Commission is not required to determine a starting price input methodology for electricity distribution and gas pipeline services. This confirms the decision by the Court of Appeal in June 2012.

Transpower’s maximum allowable revenues adjusted for coming two year period

Wed, 31 Oct 2012 00:00:00 +1300

The Commerce Commission has completed its review of Transpower’s performance in 2011/12 against prices set in the Individual price-quality path and has adjusted Transpower’s maximum allowable revenue (MAR) for the 2013/14 and 2014/15 years.

Commerce Commission releases further input methodologies

Mon, 01 Oct 2012 00:00:00 +1300

The Commerce Commission has today released input methodologies for the default price-quality paths that apply to electricity distribution services and gas pipeline services.

Commerce Commission releases new information disclosure requirements for electricity and gas businesses

Mon, 01 Oct 2012 00:00:00 +1300

The Commerce Commission has today released new information disclosure requirements for suppliers of electricity distribution services and gas pipeline services. Under the new requirements, regulated businesses will publicly disclose information about investment and innovation, financial performance, pricing and network management.

Commission issues draft decision on electricity distribution default price-quality path

Tue, 21 Aug 2012 00:00:00 +1200

The Commerce Commission today released its draft decision to reset the default price-quality path for 16 electricity distributors.