On 28 March 2018 we set a customised price-quality path applying new revenue limits and quality standards for Powerco covering the period April 2018 to March 2023.
On 28 March 2018 we set a customised price-quality path applying new revenue limits and quality standards to Wellington Electricity for April 2018 to March 2021.
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.
The closure of Southdown and Otahuhu Power stations in Auckland and the proposed closure of the Huntly Power Station in Waikato are expected to cause voltage management issues in the Auckland and Waitako regions as peak electricity demand increases.
We are currently preparing for determining the individual price-quality path that will apply to Transpower from 1 April 2020 to 31 March 2025 (Regulatory Control Period 3).
Emerging technologies are having an increased impact on the monopoly parts of the electricity sector. We are gathering information to better understand its impact.
On 15 August we made our draft decision on Transpower’s proposal to replace the conductors and strengthen the structures of a 9.5km section of its high voltage direct current (HVDC) transmission network in Wellington.
We have amended the information disclosure determinations for airport services, electricity distribution and gas pipeline businesses to address identified issues for the 2018 disclosure year.
The 2015–2020 electricity default price-quality path currently applies to electricity distribution businesses. It took effect on 1 April 2015 and expires on 31 March 2020.