Notice Type
Authorities/Other Agencies of State
Notice Title

Notice of Making of Electricity Governance Amendment Rules (No. 70) 2009 and Notice of Reasons for Decision

1. Pursuant to section 172I of the Electricity Act 1992 (“Act”), I notify the amendment of the Electricity Governance Rules 2003 (“Rules”) under section 172H of the Act.
2. The empowering provision for the Electricity Governance Regulations in relation to which the amendment to the Rules is made is section 172D(1)(1)(b) and (g) of the Act.
3. The amendment will enable a participant (“participant A”), with the agreement of another participant (“participant B”) and of the Electricity Commission, to take on all the rights and obligations
of participant B as a purchaser or a payer under Parts
C, G and H of the Rules.
4. Pursuant to section 172Z(4) of the Act, the reason for my decision to amend the Rules is that the amendment
will allow an electricity retailer who is a registry retailer (that is, a retailer who has its participant identifier recorded against installation control points on the registry) to interact with the electricity wholesale market through another participant, enabling the retailer to reduce the complexity and cost of acting as an electricity retailer and contributing to downward pressure on electricity retail prices.
5. These rules come into force on the 28th day after the date on which they are notified in the New Zealand Gazette.
6. Copies of the Rules may be inspected free of charge
or purchased from the Electricity Commission, Level 7, ASB Bank Tower, 2 Hunter Street, Wellington.
7. The Rules can also be viewed on the Electricity Commission’s website
http://www.electricitycommission.govt.nz/rulesandregs/rules
Dated at Wellington this 6th day of April 2009.
HON GERRY BROWNLEE, Minister of Energy and Resources.