The Commerce Commission (“Commission”) gives notice that it has amended, under Part 4 of the Commerce Act 1986 (“Act”), the Electricity Distribution Services Default Price-Quality Path Determination 2020  NZCC 21.
The amendment is set out in the Electricity Distribution Services Default Price-Quality Path (Powerco transition) Amendments Determination 2022  NZCC 25 (“DPP Amendment Determination”).
The DPP Amendment Determination comes into force on 1 April 2023.
The DPP Amendment Determination makes Powerco Limited (“Powerco Limited”) subject (from 1 April 2023) to the default price-quality path that generally applies to regulated electricity distribution businesses. Powerco Limited is subject to a customised price-quality path until 31 March 2023.
Copies of the DPP Amendment Determination and the Commission’s reasons paper are available on the Commission’s website at https://comcom.govt.nz/regulated-industries/electricity-lines/projects/powercos-20232025-dpp?target=documents&root=300119, and are available for inspection free of charge at the Commission (during ordinary office hours), or for purchase at a reasonable price at the Commission, 44 The Terrace, Wellington.
Date of Notice: 30 November 2022.