Suppliers of electricity lines services are subject to regulatory provisions under the Commerce Act 1986.
Electricity distribution businesses, as suppliers of electricity lines services, are subject to default price-quality paths set by the Commission.
Suppliers of electricity lines services are subject to information disclosure regulation.
Transpower is now regulated under Part 4 of the Commerce Act by way of individual price-quality regulation. This took on 1 April 2011.
The process for approving investment in the national grid took an important step forward today with the release of the Commerce Commission’s final determination of Transpower’s Capital Expenditure Input Methodology.
The Commerce Commission today announced the forecast maximum revenues that Transpower is able to earn for the three year period from April 2012.
Electricity distribution businesses (EDBs) have made real progress towards best practice in asset management planning, Commerce Commission Deputy Chair, Sue Begg said today. The Commission released a review of asset management plans disclosed by the EDBs for the period beginning 1 April 2011.
The 2010-15 default price-quality path is the current default price-quality path applying to EDBs. It came into effect on 1 April 2010 and expires on 31 March 2015.
© Commerce Commission 2012
