2010-2015 Default Price-Quality Path

The 2010-15 default price-quality path is the default price-quality path that currently applies to electricity distribution businesses. It took effect on 1 April 2010 and expires on 31 March 2015.

The 2010-15 default price-quality paths were first set in 2009

On 30 November 2009 we published a determination setting out the requirements of the 2010-15 default price-quality path including:

  • Starting prices as the prices that applied as at 31 March 2010
  • The annual rate of change as CPI-0%
  • Quality standards based on historical averages of reliability
  • The requirements for reporting compliance annually.

In 2012 the default price-quality paths were reset

On 30 November 2012 the default price-quality paths were reset to apply input methodologies to the default price-quality paths for the first time. The most notable feature of the reset was new starting prices based on the current and projected profitability of each supplier.

Other important features of the reset are:

  • Alternative rates of change were applied to some suppliers to minimise the risk of price shocks to consumers
  • Claw-back was applied for the 2012-13 year to offset the impact of the delay in resetting the default price-quality paths arising from Vector Limited’s 2011 appeal to the High Court
  • Orion New Zealand Limited was not subject to the reset in light of their intention to submit a customised price-quality path proposal in early 2013
  • Quality standards remained unchanged as there are no input methodologies to apply to the quality standards.

Documents

Feedback on process for setting the default price-quality paths

23/04/2013 (1 documents)

Open letter seeking feedback on the process for setting default price quality paths PDF (2.6 MB)
Published on 23 April 2013

Final determination on reset of electricity distribution businesses default price-quality paths

30/11/2012 (15 documents)

Final reasons paper for resetting the 2010-2015 default price-quality paths for 16 electricity distributors 30 November 2012 PDF (1.9 MB)
Published on 30 November 2012
NZCC 35/2012 2010-2015 Electricity distribution services default price-quality path determination 30 November 2012 PDF (696 KB)
Published on 10 December 2012
NZCC 36/2012 2010-2015 Electricity distribution services default price-quality path determination amendment No.4 30 November 2012 PDF (292 KB)
Published on 10 December 2012
Analyst briefing - Final reset of the 2010-2015 default price quality paths for electricity distribution businesses 30 November 2012 PDF (523 KB)
Published on 30 November 2012
Consumer bill impact sheet - Final reset of the 2010-2015 default price-quality path for electricity distribution businesses 30 November 2012 PDF (273 KB)
Published on 30 November 2012
Nel Consulting Limited Review of asset adjustments for EDBs 2010-2015 EDB DPP July 2011 PDF (1.7 MB)
Published on 30 November 2012
Nel Consulting Limited - Review of asset adjustments for EDBs (addendum) 2010-2015 EDB DPP November 2012 PDF (947 KB)
Published on 30 November 2012
Nel Consulting Limited - Review of asset adjustments for Electrcitiy Invercargill 2010-2015 EDB DPP November 2012 PDF (501 KB)
Published on 30 November 2012
NZIER Comment on regional economic activity - 2010-2015 EDB DPP 28 November 2012 PDF (79 KB)
Published on 30 November 2012
Opex econometrics - Reset of the 2010 2015 EDB DPP 30 November 2012 zip (31 KB)
Published on 30 November 2012
Constant price revenue model - Reset of the 2010-2015 default price-quality paths for EDBs 30 November 2012 Microsoft Excel Spreadsheet (138 KB)
Published on 30 November 2012
Financial model - Reset of the 2010-2015 default price-quality paths for EDBs 30 November 2012 Microsoft Excel Spreadsheet (744 KB)
Published on 30 November 2012
GDP - Reset of the 2010-2015 default price-quality paths for EDBs 30 November 2012 (public version) Microsoft Excel Spreadsheet (236 KB)
Published on 30 November 2012
Number of connections - Reset of the 2010-2015 default price-quality paths for EDBs 30 November 2012 Microsoft Excel Spreadsheet (27 KB)
Published on 30 November 2012
Projections Model - Reset of the 2010-2015 default price-quality paths for EDBs 30 November 2012 (public version) Microsoft Excel Spreadsheet (104 KB)
Published on 30 November 2012

Update paper for the reset of the electricity distribution default price-quality paths

19/11/2012 (1 documents)

Update Paper Reset of the electricity defaut price quality path 19 November 2012 PDF (1.1 MB)
Published on 19 November 2012

Submissions on Revised Draft Reset

02/10/2012 (22 documents)

Alpine Energy Submission on Revised Draft DPP Reset 1 October 2012 PDF (210 KB)
Published on 02 October 2012
Centralines Submission on Revised Draft DPP Reset 1 October 2012 PDF (210 KB)
Published on 02 October 2012
Contact Energy Submission on Revised Draft DPP Reset 1 October 2012 PDF (531 KB)
Published on 02 October 2012
ENA Submission on Revised Draft DPP Reset 1 October 2012 PDF (98 KB)
Published on 02 October 2012
Horizon Energy Submission on Revised Draft DPP Reset 1 October 2012 PDF (532 KB)
Published on 02 October 2012
MEUG Submission on Revised Draft DPP Reset 1 October 2012 PDF (26 KB)
Published on 02 October 2012
OtagoNet Submission on Revised Draft DPP Reset 26 September 2012 PDF (702 KB)
Published on 02 October 2012
Otagonet Submission on revised Draft DPP 53ZD Request 2 October 2012 Microsoft Excel Spreadsheet (47 KB)
Published on 02 October 2012
Otagonet Volume and Revenue by End User 2 October 2012 Microsoft Excel Spreadsheet (45 KB)
Published on 02 October 2012
Powerco Submission on Revised Draft DPP Reset 1 October 2012 PDF (556 KB)
Published on 02 October 2012
Powerco Submission on Revised Draft DPP Reset - PWC letter 1 October 2012 PDF (223 KB)
Published on 02 October 2012
PWC Submission on Revised Draft DPP Reset 1 October 2012 PDF (257 KB)
Published on 02 October 2012
Unison Early Submission on Revised Draft DPP Reset (letter sent 12 Sept 2012) PDF (109 KB)
Published on 04 October 2012
Unison Submission on Revised Draft DPP Reset 1 October 2012 PDF (930 KB)
Published on 04 October 2012
Vector Submission on Revised Draft DPP Reset 1 October 2012 PDF (664 KB)
Published on 02 October 2012
Vector Submission on Revised Draft DPP Reset (Castalia Evidence on Impacts) 1 October 2012 PDF (1.7 MB)
Published on 02 October 2012
Vector Submission on Revised Draft DPP Reset (Castalia Review on DPP) 1 October 2012 PDF (1.5 MB)
Published on 02 October 2012
Vector Submission on Revised Draft DPP Reset (CEG - DPP Reset) 1 October 2012 PDF (493 KB)
Published on 02 October 2012
Vector Submission on Revised Draft DPP Reset (CEG - Emperical Studies) 1 October 2012 PDF (310 KB)
Published on 02 October 2012
WELL submission on Revised Draft DPP Reset Inflation on depreciation 1 October 2012 Microsoft Excel Spreadsheet (32 KB)
Published on 02 October 2012
Wellington Electricty Lines Ltd Further Submission on Revised Draft DPP Reset 1 October 2012 PDF (943 KB)
Published on 02 October 2012
Wellington Electricty Lines Ltd Further Submission on Revised Draft DPP Reset (27 Sept 2012) 1 October 2012 PDF (954 KB)
Published on 02 October 2012

Revised Draft Reset

17/09/2012 (15 documents)

Questions and answers session on the revised draft reset models Questions received by the Commission 3 September 2012 Microsoft Excel Spreadsheet (15 KB)
Revised Draft Decision to Reset 2010-15 Electricity Distribution Default Price Quality Path 21 August 2012 PDF (2 MB)
Draft Determination 2010-2015 Electricity Distribution Default Price Quality Path 22 August 2012 PDF (670 KB)
Calculations of Impact on Customer Bills Reset 2010 15 EDB DPP 21 August 2012 PDF (319 KB)
Analyst Briefing Reset 2010 15 EDB DPP 21 August 2012 PDF (456 KB)
Nel Consulting Report for Asset Adjustments Reset 2010 15 EDB DPP 21 August 2012 PDF (1.1 MB)
Jeff Borland Econometrics Review Reset 2010 15 EDB DPP 21 August 2012 PDF (64 KB)
Information for Attachments CFG and H Reset 2010 15 EDB DPP 21 August 2012 Microsoft Excel Spreadsheet (374 KB)
Projections Model Reset 2010 15 EDB DPP 21 August 2012 Microsoft Excel Spreadsheet (122 KB)
Reset Model Reset 2010 15 EDB DPP 21 August 2012 Microsoft Excel Spreadsheet (804 KB)
Opex Econometrics Reset 2010 15 EDB DPP 21 August 2012 zip (18 KB)
Revenue Econometrics Reset 2010 15 EDB DPP 21 August 2012 zip (15 KB)
Charts presented by Unison PDF (337 KB) Model Q&A Session, Reset 2010-2015 EDB DPP
Published on 14 September 2012
Derivation of the building blocks revenue formula PDF (119 KB) Model Q&A Session, Reset 2010-2015 EDB DPP
Published on 14 September 2012
Revised Model Q&A 2010-2015 EDB DPP Microsoft Excel Spreadsheet (42 KB)
Published on 14 September 2012

Process update for DPPs for electricity and gas - June 2012

20/06/2012 (1 documents)

Process update on DPPs for Electricity Distribution and Gas Pipelines 19 June 2012 PDF (175 KB)
Published on 19 June 2012

Current determination including all amendments

11/04/2012 (1 documents)

Consolidated default price quality path determination as at 11 April 2012 PDF (311 KB)
Published on 04 October 2012

Letter on DPP 2012-13 Pricing Year

20/12/2011 (1 documents)

Letter on DPP 2012-13 Pricing Year 15 December 2011 PDF (400 KB)
Published on 15 December 2011