This notice of the annual levy rates for the financial year ending 30 June 2007, pursuant to Regulation 8 of the Electricity (Levy of Industry Participants) Regulations 2005 (“Regulations”), is issued by the Electricity Commission (“Commission”).
The Regulations came into force on 21 April 2005.
The Regulations impose levies on generators, purchasers, and distributors for the costs of performing the Commission’s functions, powers and duties under the Electricity Act 1992.
Regulation 7 specifies how the Commission must calculate the annual levy rates.
Annual Levy Rates for the Financial Year Ending 30 June 2007
The Commission has calculated the annual levy rates for the financial year ending 30 June 2007 in accordance with
Regulation 7.
The annual levy rates for that period are as follows:
Generators Purchasers Distributors (including Transpower) Distributors (excluding Transpower) Transpower
Common quality operations $0.1222/MWh $0.1230/MWh $0.0708/MWh
Market operations $0.3038/MWh $0.3057/MWh
Registry and consumer operations $0.2759/ICP $0.2749/ICP
Supply security operations $0.6536/MWh
Transmission operations $0.1415/MWh
Electricity efficiency operations $0.1903/MWh
Other activities $0.0086/MWh $0.0087/MWh $0.0050/MWh
MACQS reform $0.0239/MWh $0.0241/MWh $0.0139/MWh
Dated at Wellington this 25th day of July 2006.
For and on behalf of the Electricity Commission:
ROY HEMMINGWAY, Chair.