In accordance with section 11 of the Electricity Industry Act 2010 (“Act”), the Electricity Authority (“Authority”) gives the following notice.

Notice

1. Title and commencement—(1) This notice is the Electricity Industry (Exemption No. 234 (Genesis Energy Limited)) Exemption Notice 2016.

(2) This notice comes into force on the day after the date it is notified in the New Zealand Gazette.

2. Exemption—Genesis Energy Limited (“Genesis”) is exempted from complying with the obligation in clause 15.8 of the Electricity Industry Participation Code 2010 (“Code”) to provide the reconciliation manager with monthly quantities of electricity supplied for each half hour (“HHR”) metered installation control point (“ICP”) that has a category 1 or 2 advanced metering infrastructure (“AMI”) meter.

3. Term—This exemption expires at the close of 1 March 2017.

4. Reasons for granting the exemption—The reasons for granting this exemption are:

1. the HHR aggregate data for category 1 or 2 ICPs is not used for market settlement purposes and the reconciliation manager only uses it for comparison purposes;
2. Authority staff are currently preparing a Code amendment proposal to revoke the requirement to submit HHR aggregate data for ICPs with category 1 or 2 AMI meters. It is expected that staff will recommend the Code amendment before the expiry of the requested exemption, and that the amendment would be made without consultation, on the grounds that it would be technical and non-controversial; and
3. the requested exemption meets the requirements in section 11(2) of the Act for granting exemptions.

Dated at Wellington this 13th day of January 2016.

For and on behalf of the Electricity Authority:

Hon ROGER SOWRY, onzm, Member, Electricity Authority.