This section contains all current and closed Commission regulatory projects. This includes determinations, reports, inquiries, studies and disclosures relating to telecommunications, electricity lines, gas pipelines, airports and dairy.
The Transpower capital expenditure IM (capex IM) was set in January 2012 and has two major functions. These are to provide for the scrutiny of Transpower's proposed and actual investment, and to incentivise Transpower to deliver those investments effectively.
We are currently in the process of setting the default price-quality path that will apply to electricity distributors from 1 April 2020. We expect to reach our final decision as part of this process by 28 November 2019.
This disclosure is the third of its kind for Auckland, Wellington and Christchurch International Airports since information disclosure requirements were set under Part 4 of the Commerce Act – referred to as price setting event 3 (PSE3).