30 August 2016

 

Welcome to Market Brief, the Electricity Authority’s weekly update on regulatory and market developments.

 
 

Contents

 
 
 
 
 
 
 
 

Distribution pricing conference summary and video

 
 

We held a Distribution Pricing conference on 17 August 2016 in Wellington. There were over 150 attendees, representing a wide range of consumers, organisations and viewpoints. 

Videos of the proceedings are available on our website.

In November 2015 we consulted on the Implications of evolving technologies for pricing of distribution services. Submissions indicated there is widespread agreement among stakeholders that a move towards more service-based and cost-reflective distribution pricing is needed to promote the long-term benefit of consumers. 

Our view is that this process is best led by industry particularly as each distribution business faces a unique set of circumstances. Distributors are best placed to account for their distribution services, and the pricing of those services, as they transition to more service-based and cost-reflective pricing arrangements. The conference was an opportunity to explore in more detail the issues raised in submissions on the November 2015 consultation paper. 

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Reminder: Participant registration and information update

 
 

We remind participants that it is their responsibility to register with the Authority as a participant, and to ensure the information they provide for registration is up-to-date. Please check that all information is up-to-date including contact names and details that may have changed. All changes and updates to the participant register may be directed in the first instance to compliance@ea.govt.nz.

The participant register is available on our website.   

Failure to register or to update information is an offence under section 31 of the Electricity Industry Act 2010.

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Current consultations

 
 

The Authority’s changes to the FTR Allocation Plan

We are seeking feedback on changes to the FTR Allocation Plan submitted by the FTR manager to the Authority on 6 May 2016. 

Started: 2/08/2016; Ending 13/09/2016 5 pm

Consultation on revising advisory group structures

We are seeking feedback on proposals to establish two new advisory groups, and on changes to the Advisory Group Charter and terms of reference for advisory groups. 

Started: 9/08/2016; Ending 20/09/2016 5 pm

Consultation on proposed extended reserve Code amendments

We are seeking feedback on proposed Code amendments to correct and clarify aspects of the extended reserve regime, and prevent unintended consequences in operating it. 

Started: 23/08/2016; Ending 4/10/2016 5 pm

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