The Commerce Commission (“Commission”) gives notice that under Part 4 of the Commerce Act 1986 (“Act”), the Commission has determined and published the Electricity Distribution Information Disclosure (Targeted Review Tranche 1) Amendment Determination 2022  NZCC 36 (“Targeted Review Tranche 1 Amendment Determination”).
Summary of the Targeted Review Tranche 1 Amendment Determination
Under section 52Q of the Act, the Targeted Review Tranche 1 Amendment Determination amends the Electricity Distribution Information Disclosure Determination 2012  NZCC 22 (“principal determination”) to introduce new and amended information disclosure (ID) requirements. These requirements are to ensure sufficient information is available to enable stakeholders (including consumers) to better understand how Electricity Distribution Businesses (EDBs) are performing now and in the future. The new and amended requirements are to ensure that stakeholders can access better information about EDBs’ quality of service, asset management practices, and preparation for the future.
A copy of the Targeted Review Tranche 1 Amendment Determination and the accompanying reasons paper is available on the Commission’s website: https://comcom.govt.nz/regulated-industries/electricity-lines/projects/targeted-information-disclosure-review-for-electricity-distribution-businesses#projecttab.