Over 20 submissions have been received from industry stakeholders on the options paper, with submissions closing on 20 December.
New Zealand’s electricity distribution companies have been looking at different ways of charging consumers for the cost of supplying power through their networks.
In a technical discussion paper released in October, an Electricity Networks Association working group has considered new pricing options that would better reflect the actual costs of supply to individual consumers in each distribution network.
The Electricity Networks Association has given a tentative thumbs up to the final outcome of the Commerce Commission’s input methodologies (IM) review. The methodologies are the upfront rules, processes and requirements of regulation of monopoly utilities such as electricity lines companies, and are important to ENA’s 17 regulated members. ENA’s chief executive, Graeme Peters, said
The Electricity Networks Association (ENA) is deeply concerned about an Inland Revenue draft proposal to tax rebates and discounts returned to customers who are beneficial owners of their lines’ company. Chief executive of the ENA, Graeme Peters, said the ENA will challenge this decision, “which we estimate will remove $24 million in rebates and discounts