We published the requirements of the 2010-15 default price-quality path in 2009 including:

  • starting prices as the prices that applied as at 31 March 2010
  • the annual rate of change as CPI-0%
  • quality standards based on historical averages of reliability
  • the requirements for reporting compliance annually.

In 2012 the default price-quality paths were reset

On 30 November 2012 the default price-quality paths were reset to apply input methodologies to the default price-quality paths for the first time. The most notable feature of the reset was new starting prices based on the current and projected profitability of each supplier.

Other important features of the reset were:

  • alternative rates of change were applied to some suppliers to minimise the risk of price shocks to consumers
  • claw-back was applied for the 2012-13 year to offset the impact of the delay in resetting the default price-quality paths arising from Vector Limited’s 2011 appeal to the High Court
  • Orion New Zealand Limited was not subject to the reset in light of their intention to submit a customised price-quality path proposal in early 2013
  • quality standards remained unchanged as there are no input methodologies to apply to the quality standards.

This view shows the latest stage in the project. Click on the circled dates to see details. Navigate to other months, or scroll down, to see all stages.

Note: these dates are indicative only and are subject to change.

  • 30 Nov 2012

    Completed

    Final determination on reset of electricity distribution businesses default price-quality paths

    See documents

  • 19 Nov 2012

    Completed

    Update paper for the reset of the electricity distribution default price-quality paths

    See documents

  • 17 Sep 2012
  • 20 Jun 2012

    Completed

    Process update for DPPs for electricity and gas - June 2012

    See documents

  • 11 Apr 2012

    Completed

    Current determination including all amendments

    See documents

  • 22 Mar 2012

    Completed

    Setting CPP submission periods and standard application fee

    See documents

  • 20 Dec 2011
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