Amendments to information disclosure requirements 2024
This page was updated4 weeks ago
We have made changes to the information disclosure (ID) requirements for electricity distribution businesses (EDBs) as required under Part 4 of the Commerce Act.
The purpose of Part 4 of the Commerce Act 1986 is to promote the long-term benefits for consumers in markets where there is little or no competition and little or no likelihood of a substantial increase in competition.
Part 4 requires EDBs to disclose information about their performance with the aim of encouraging them to improve efficiency and quality as well as incentives to innovate and invest.
The purpose of the ID (Input Methodologies Amendment Determination 2024) review is to incorporate some immediate ID requirements from the 2023 Input Methodologies Review. The focus is on amendments which need to be implemented by April 2025.
We have now published the Information Disclosure (Input Methodologies Amendment Determination 2024) Final Decision below.
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Throughout this process, we have worked closely with EDBs on changes to ID requirements which we expect to improve the long-term benefits of consumers.
This view shows the latest stage in the project. Click on the circled dates to see details.
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Note: these dates are indicative only and are subject to change.
27 Nov 2024
Completed
ID (Input Methodologies Amendment Determination 2024) Final Decision published
