Pursuant to section 52W of the Commerce Act 1986, the Commerce Commission ("Commission") gives public notice that it has amended the input methodologies applying to suppliers of gas pipeline services and electricity distribution services.
The amendments provide additional methods for valuing assets acquired by suppliers from related parties for the purposes of information disclosure and customised
price-quality path proposals.
The Commission considers that the amendments will provide greater flexibility to suppliers in organising and engaging in transactions with related parties, while continuing to promote outcomes consistent with workably competitive markets.
The specific amendments are set out in the Electricity and Gas Input Methodology Determination Amendments (No. 1) 2012.
A copy of the amendment determination and the accompanying reasons can be found on the Commission’s website
www.comcom.govt.nz
under input methodologies for electricity and gas pipelines.
Date of Decision: 29 June 2012.
COMMERCE COMMISSION.