The Commerce Commission (“Commission”) gives notice that under the Legislation Act 2019 and Part 4 of the Commerce Act 1986, it has made amendments (“Amendments”) to the:
- Electricity Distribution Services Input Methodologies Determination 2012 [2012] NZCC 26;
- Gas Distribution Services Input Methodologies Determination 2012 [2012] NZCC 27;
- Gas Transmission Services Input Methodologies Determination 2012 [2012] NZCC 28;
- Transpower Input Methodologies Determination [2012] NZCC 17;
- Transpower Capital Expenditure Input Methodology Determination [2012] NZCC 2;
- Transpower Individual Price-Quality Path Determination 2020 [2019] NZCC 19; and
- Transpower Individual Price-Quality Path Determination 2025 [2024] NZCC 26.
The Amendments are secondary legislation and are set out in the following amendment determinations, which come into force on 12 December 2024:
- Electricity Distribution Services Input Methodologies (treatment of insurance entitlements) Amendment Determination 2024 [2024] NZCC 36;
- Gas Distribution Services Input Methodologies (treatment of insurance entitlements) Amendment Determination 2024 [2024] NZCC 37;
- Gas Transmission Services Input Methodologies (treatment of insurance entitlements) Amendment Determination 2024 [2024] NZCC 38;
- Transpower Input Methodologies (treatment of insurance entitlements) Amendment Determination 2024 [2024] NZCC 39;
- Transpower Capital Expenditure Input Methodology (treatment of insurance entitlements) Amendment Determination 2024 [2024] NZCC 40;
- Transpower Individual Price-Quality Path (treatment of insurance entitlements) Amendment Determination 2024 [2024] NZCC 41; and
- Transpower Individual Price-Quality Path (treatment of insurance entitlements) Amendment Determination 2024 [2024] NZCC 42.
The Amendments relate to the regulatory treatment of insurance entitlements, compensatory entitlements, third-party liability entitlements, and other regulated income.
Copies of the amendment determinations and final decision paper for the Amendments are available on the Commission’s website at https://comcom.govt.nz/regulated-industries/input-methodologies/input-methodologies-for-electricity-gas-and-airports 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 11th day of December 2024.
COMMERCE COMMISSION.