Amendments to Transpower information disclosure requirements 2024
This page was updated3 days ago
We are proposing to make changes to the information disclosure (ID) requirements for Transpower as required under Part 4 of the Commerce Act 1986.
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 Transpower 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 legal framework we apply when setting or amending ID requirements to Transpower is set out in the Part 4 Information Disclosure Framework paper.
The purpose of the ID (Transpower Amendment Determination 2024) review is to align ID requirements with the changes arising from the Input Methodologies Review 2023 and the new Transmission Pricing Methodology (published by the Electricity Authority).
We have also considered some changes from Transpower exemptions to information disclosure requirements and fixing simple clarifications and errors. The focus is on amendments which need to be implemented by April 2025.
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Throughout this process, we will be working closely with Transpower and other stakeholders on changes to ID requirements which we expect to improve the long-term benefit 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.
30 Nov 2024
Final decision – Reasons paper published
15 Aug 2024
Cross-submissions on draft decisions – Reasons paper due
