Pursuant to sections 52Q and 53V of Part 4 of the Commerce Act 1986 ("the Act"), the Commerce Commission ("Commission") gives the following notice.
On 28 November 2013, the Commission made the Orion New Zealand Limited Customised Price-Quality Path Determination 2013, [2013] NZCC 21 ("Amendment") under section 52Q of the Act, which amends the
Electricity Distribution Services Default Price-Quality Path Determination 2010 (Commerce Commission Decision 685, 30 November 2009) as previously amended.
The Amendment determines a customised price-quality path that will apply to Orion New Zealand Limited for the period 1 April 2014 to 31 March 2019.
Among other things, the Amendment specifies the:
(a) Regulatory period for which the customised
price-quality path will apply, which will be from
1 April 2014 to 31 March 2019.
(b) Starting prices that apply to Orion for the regulatory period: $154.8 million.
(c) Rate of change in prices over that regulatory period: CPI + 1%.
(d) Quality standards (revised SAIDI and SAIFI limits) that apply during that regulatory period as follows:
Year Ending
31 March SAIDI SAIFI
2015 103.8 1.36
2016 94.7 1.21
2017 91.0 1.16
2018 82.4 1.02
2019 73.4 0.87
Copies of the customised price-quality path determination are available for inspection free of charge at the Commission (during ordinary office hours), or on the Commission's website at
www.comcom.govt.nz
or for purchase at a reasonable price at the Commission,
44 The Terrace, Wellington.
Dated at Wellington this 29th day of November 2013.
COMMERCE COMMISSION.