Notice Type
Authorities/Other Agencies of State
Notice Title

Notification of Amendment to Input Methodologies for Transpower’s Electricity Transmission Services

Pursuant to section 52W of the Commerce Act 1986, the Commerce Commission (“Commission”) gives the following notice:

The Commission has amended the input methodologies applicable to the electricity transmission services provided by Transpower set out in the Transpower Input Methodologies Determination [2012] NZCC 17.

The amendment is set out in the Transpower Input Methodologies Amendment Determination [2015] (No. 2) NZCC [27].

The amendment makes two non-material changes to fill a gap in the input methodologies that arose because Bloomberg no longer publishes a New Zealand ‘A’ fair value curve. The amendment substitutes an equivalent reference set for the defunct Bloomberg reference set.

A copy of the amendment determination is available:

Dated this 22nd day of October 2015.

COMMERCE COMMISSION.