Consultation on permanent change to definition of disclosure information
|
|
The Authority is consulting with stakeholders on a proposed permanent change to the definition of ‘disclosure information’ in the Code.
In March 2021 the Authority amended the definition of ‘disclosure information’ in the Code under urgency – this amendment will expire after nine months.
The Authority is now proposing to make that change permanent. The amendment is intended to align the Code with the Authority’s policy intent.
Feedback received during the consultation will help inform the Authority’s decision on whether to proceed with the proposal or not.
The consultation closes at 5pm, Tuesday 3 August 2021.
|
|
Obligation on retailers to provide consumers access to consumption data
|
|
Ensuring consumers receive access to their consumption data quickly and easily is important to allow them to make informed decisions about the best power deal, their electricity usage and investments in appliances or energy systems.
This is a reminder that under Clause 11.32B of the Code retailers are required to respond to a request for consumption data within five business days. If retailers do not respond within this timeframe, it is a Code breach.
The Authority contacted retailers who did not respond within this timeframe to determine why they did not provide consumption data in a timely fashion. Retailers identified various issues in the way they process data requests and outlined improvements to prevent future breaches. Some retailers identified a self-breach.
The Authority takes compliance with this clause seriously and correspondingly monitors performance, available on EMI.
|
|
Reappointment of MDAG Chair
|
|
|
Tony Baldwin has been re-appointed as Chair of the Market Development Advisory Group (MDAG) for a term of one year, until May 2022.
|
|
Annual levy rates for the year ending 30 June 2022
|
|
We have calculated the annual levy rates for the financial year ending 30 June 2022 in accordance with regulation 7 of the Electricity Industry (Levy of Industry Participants) Regulations 2010.
The annual levy rates were published in the Gazette on Thursday, 17 June 2021 and are also available on our website.
|
|
Reminder: New trading conduct rule takes effect 30 June 2021
|
|
On 30 June 2021 the new trading conduct rule will come into force.
The new rule will replace the current high standard of trading conduct provisions (clauses 13.5A and 13.5B and revoke the definition of ‘pivotal’) in the Electricity Industry Participation Code 2010.
A monitoring approach and FAQs have been published on the Authority’s website to support understanding of the new rule.
If you have any questions please contact tradingconduct@ea.govt.nz
|
|
|
|
|
|
Commercial market-making scheme: levy consultation
Ends today at 5pm
|
|
|
Permanent change to definition of disclosure information
Ending: 03/08/2021 5pm
|
|
|
Level 7, Harbour Tower, 2 Hunter Street, PO Box 10041, Wellington 6143, New Zealand
Tel: + 64 4 460 8860 Email: communications@ea.govt.nz
|
|
|
|
|
