The Electricity Commission (“Commission”) has adjusted the annual levy rates for the financial year ending 30 June 2009, in accordance with Regulation 10(1)(a) of the Electricity (Levy of Industry Participants) Regulations 2005 (“Regulations”).
The adjustment reduces the supply security operations portion of the levy to remove any impact in 2008/09 from the
$40 million provision for reserve energy emergency measures, which was included in the calculation of the annual levy rates dated the 14th day of July 2008 and published in the New Zealand Gazette, 17 July 2008, No. 114, page 3032.
This notice of adjusted annual levy rates is issued in accordance with Regulation 8 of the Regulations. The Commission has recalculated the annual levy rates in accordance with Regulation 7.
The adjusted levy rates, which apply from the monthly instalment payable in October 2008 in respect of September 2008, are as follows:
Generators Purchasers Distributors(including Transpower) Distributors(excluding Transpower) Transpower
Common quality operations $0.1060/MWh $0.1071/MWh $0.0614/MWh
Market operations $0.2895/MWh $0.2923/MWh
Registry and consumer operations $0.4327/ICP $0.4312/ICP
Supply security operations $0.4590/MWh
Transmission operations $0.1573/MWh
Electricity efficiency operations $0.3704/MWh
Other activities $0.0122/MWh $0.0123/MWh $0.0071/MWh
MACQS reform operations $0.0235/MWh $0.0237/MWh $0.0135/MWh
Dated at Wellington this 6th day of October 2008.
For and on behalf of the Electricity Commission:
DAVID CAYGILL, Chair.