On 22 March 2012, the Commission made an amendment ("the Amendment"), under section 52Q of Part 4 of the Commerce Act 1986 ("the Act"), to the Commerce Act (Electricity Distribution Default Price-Quality Path) Determination 2010*, Decision 685 ("the Determination").
The Amendment sets the periods in which electricity distribution businesses may submit customised price-quality path proposals before the end of the regulatory control period.
The Amendment is effective on the date of publication of this notice.
Copies of the Amendment and the Determination are available for inspection free of charge at the Commission offices (during ordinary office hours), and on the Commission’s website
www.comcom.govt.nz
or for purchase at a reasonable price at the
Commerce Commission, 44 The Terrace, Wellington.
Dated at Wellington this 22nd day of March 2012.
COMMERCE COMMISSION.
Explanatory Note
On 30 November 2009*, the Commission reset the default price-quality path for electricity distribution businesses
as required by section 54K(1) of the Commerce Act 1986 ("the Act") by publishing Decision 685 - Commerce Act (Electricity Distribution Default Price-Quality Path) Determination 2010 ("the Initial Reset Determination").
The Initial Reset Determination* sets out the default
price-quality path that applies for the regulatory
period from 1 April 2010 to 31 March 2015 to all
electricity distribution businesses, except those that are "consumer-owned" as defined in section 54D of the Act. Electricity distribution businesses meeting the requirements of section 54D are exempt from default/customised
price-quality regulation under section 54G(2) of the Act.
This Amendment amends clause 7 of the Initial Reset Determination* to set the application windows in which electricity distribution businesses can submit a customised price-quality path proposal.
Further information, including a consolidated version of the Initial Reset Determination, can be found on the Commission’s website at www.comcom.govt.nz
*Supplement to the New Zealand Gazette, 30 November 2010, No. 161, page 4053