Notice Type
Authorities/Other Agencies of State
Notice Title

Notification of Amendment to the Transpower Individual Price-Quality Path Determination 2015 [2014] NZCC 35

The Commission gives notice under section 52Q(5)(b) of the Commerce Act 1986 that it has amended the Transpower Individual Price-Quality Path Determination 2015 [2014] NZCC 35 (“RCP2 IPP Determination”).

The amendment takes effect on 3 November 2016.

The Amendments

The RCP2 IPP Determination was amended as follows:

In Schedule A (Forecast MAR Summary) of the RCP2 IPP Determination in line 3 “31 March 2018 (Year 3)” under “Incremental update to forecast MAR determined not later than the second Wednesday in November 2016” [Column 5] replace “$XX.X million” with “$38.4 million”.

In Schedule A (Forecast MAR Summary) of the RCP2 IPP Determination in line 3 “31 March 2018 (Year 3)” under “Total forecast MAR applicable to the pricing year (sum of amounts in columns 3 to 7)” [Column 8] replace “$952.2 million” with “$990.7 million”.

In Schedule A (Forecast MAR Summary) of the RCP2 IPP Determination in line 4 “31 March 2019 (Year 4)” under “Incremental update to forecast MAR determined not later than the second Wednesday in November 2016” [Column 5] replace “$XX.X million” with “$0.00 million”.

In Schedule A (Forecast MAR Summary) of the RCP2 IPP Determination in line 5 “31 March 2020 (Year 5)” under “Incremental update to forecast MAR determined not later than the second Wednesday in November 2016” [Column 5] replace “$X.XX million” with “$0.00 million”.

Further Information

A copy of the amendment determination is available on the Commission’s website at

www.comcom.govt.nz/regulated-industries/electricity/electricity-transmission/transpower-individual-price-quality-regulation/transpowers-price-quality-path-from-2015-to-2020/

and for inspection free of charge, or for purchase at a reasonable price at the Commission’s office at 44 The Terrace, Wellington (during ordinary office hours).

Dated at Wellington this 3rd day of November 2016.

COMMERCE COMMISSION.