Wellington Electricity’s 2018-2021 CPP

The Commission is currently consulting on a proposed approach to assessing Wellington Electricity’s plan to spend $31 million on earthquake resilience.

The Commission is inviting public submissions on Wellington Electricity’s plan to spend $31 million on earthquake strengthening its lines network.

Wellington Electricity, which distributes electricity to approximately 166,000 homes and businesses in the Wellington region, formally applied to the Commission on 5 December 2017 for a customised price quality path.

If approved, Wellington Electricity estimates the average consumer’s monthly bill would increase by up to $1.90, with the additional revenue used to fund earthquake-strengthening substations and purchasing equipment for use in emergencies.

The application follows a Government Policy Statement, which outlines the expectation that the Commission considers options to allow Wellington Electricity to recover resilience expenditure that was not anticipated when its price limits were set in 2015.

The Commission welcomes consumer and other stakeholder views on Wellington Electricity’s proposal. With the proposed new prices set to apply from 1 April 2018, there is a condensed timeframe for public submissions. However, there will also be another opportunity for public feedback on our draft decision, which we expect to release in early February 2018.

Submissions are due by 20 December 2017 and can be emailed to regulation.branch@comcom.govt.nz with ‘Wellington Electricity CPP proposal’ in the subject line. 

Documents

Process for determining Wellington Electricity’s customised price-quality path

06/12/2017 (1 documents)

Wellington Electricity customised price-quality path – Process paper – 6 December 2017 PDF (462 KB)
Published on 06 December 2017

Wellington Electricity’s customised price-quality path proposal

06/12/2017 (19 documents)

CPP application cover letter – 5 December 2017 PDF (351 KB)
Published on 06 December 2017
CPP application – 5 December 2017 PDF (594 KB)
Published on 06 December 2017
Main proposal Wellington Electricity – 5 December 2017 PDF (1.2 MB)
Published on 06 December 2017
Earthquake readiness business case – 5 December 2017 PDF (1.9 MB)
Published on 06 December 2017
Jacobs letter WE earthquake readiness independent review – 27 October 2017 PDF (156 KB)
Published on 06 December 2017
Stakeholder engagement – 5 December 2017 PDF (13 MB)
Published on 06 December 2017
2017 asset management plan – December 2017 PDF (13 MB)
Published on 06 December 2017
Further stakeholder engagement addendum – 5 December 2017 PDF (698 KB)
Published on 06 December 2017
Regulatory compliance schedules WE – 5 December 2017 PDF (1.6 MB)
Published on 06 December 2017
IM modification and exemptions letter – 30 November 2017 PDF (309 KB)
Published on 06 December 2017
Directors certification WE – 4 December 2017 PDF (466 KB)
Published on 06 December 2017
Deloitte’s terms of engagement – 14 November 2017 PDF (1.8 MB)
Published on 06 December 2017
Deloitte’s assurance report – 4 December 2017 PDF (269 KB)
Published on 06 December 2017
Deloitte’s assurance invoice – 30 November 2017 PDF (13 KB)
Published on 06 December 2017
CPP financial model – November 2017 PDF (481 KB)
Published on 06 December 2017
Supporting model – CPP readiness capex and opex – December 2017 PDF (192 KB)
Published on 06 December 2017
Supporting model – AMP 2017 schedules – December 2017 PDF (158 KB)
Published on 06 December 2017
Supporting model – CPI projections – November 2014 PDF (357 KB)
Published on 06 December 2017
Supporting model – Other regulated income and disposed assets – December 2017 PDF (232 KB)
Published on 06 December 2017

Amendment to DPP determination to specify an additional CPP application window

01/12/2017 (1 documents)

Electricity distribution services default price-quality path (CPP Window) – Amendment determination – 30 November 2017 PDF (255 KB)
Published on 01 December 2017