Pursuant to section 11 of the Electricity Industry Act 2010 ("Act"), the Electricity Authority gives the following notice.
N o t i c e
1. Title and commencement-(1) This notice is the Electricity Industry (Exemption No. 167 (The Power Company Limited)) Exemption Notice 2013.
(2) This notice comes into force on the day after the date it is notified in the New Zealand Gazette.
2. Exemption-The Power Company Limited ("TPCO") is exempted from compliance with clause 10.3(f)(ii) of the Electricity Industry Participation Code 2010 ("Code") in respect of the existing interconnection point between the TPCO network and the Electricity Invercargill Limited ("ELIN") local network.
3. Term-This exemption expires at the close of
31 March 2023.
4. Reasons for granting the exemption-The reasons for granting this exemption are:
(a) granting the exemption meets the requirements in section 11(2) of the Act for granting exemptions;
(b) the interconnection point provides an emergency back-up supply to Southland Hospital from the ELIN network and is likely to be only rarely used;
(c) without an exemption to clause 10.3(f)(ii), TPCO would incur significant expenditure in fitting metering and communication equipment to the interconnection point for which there would be little benefit;
(d) TPCO has in place a materially accurate method
to calculate consumption for settlement at the interconnection point in the unlikely event it is utilised; and
(e) the exemption could have a minor financial impact on traders on the ELIN network, but will have no impact on service providers, and will not affect any other Code provisions.
Dated at Wellington this 9th day of April 2013.
For and on behalf of the Electricity Authority:
HON ROGER SOWRY, ONZM, Deputy Chairperson, Electricity Authority.