The Commerce Commission will this morning commence a four-day conference on its review of asset valuation methodologies of electricity lines businesses. The Commission's work on regulation of electricity lines businesses is under Part 4A of the Commerce Act.

The Commission released a discussion paper in October on its review of methodologies that could be used to value the fixed assets of electricity lines businesses. The conference is for interested parties to make oral presentations based on earlier submissions to the Commission and for the Commission to ask questions.

The conference will be held at Level 5, CSI House, 166 Featherston Street, Wellington.

Any media representatives interested in attending should contact Jackie Maitland (details below).

The Commission intends to release a paper announcing the results of the review of asset valuation methodologies by the end of the year.

The Commission's discussion paper, and copies of all submissions are available on the Commission's website, http://www.comcom.govt.nz, under the section on electricity lines businesses.

Agenda for the Review of Asset Valuation Methodologies Conference

Chair: John Belgrave

Commission Members: Paula Rebstock, Donal Curtin, Denese Bates, Peter Taylor

Monday 25 November

9am Opening remarks by Chair

9.15am - 11.45am Orion

11.45am - 12pm Break

12pm - 1.15pm NGC

1.15pm - 2.15pm Lunch

2.15pm - 3.45pm Vector

3.45 - 4pm Break

4pm - 5.45pm Vector (continued)

Tuesday 26 November

8.45am - 9.30am Captive Port Consumers Group

9.30am - 11am PricewaterhouseCoopers

11.am - 11.15am Break

11.15am - 12pm Windflow Technology

12pm - 1pm Lunch

1pm - 2.30pm Dunedin Electricity

2.30pm - 3.15pm Grey Power

Wednesday 27 November

9am - 9.45am Federated Farmers

9.45am - 10.45am MEUG

10.45am - 11am Break

11am - 11.45am WEL Networks

11.45am - 12.30pm Enermet

12.30pm - 1.30pm Lunch

1.30pm - 3pm Hawke's Bay Networks

3pm - 3.15pm Break

3.15pm - 6pm Simon Terry Associates

Thursday 28 November

8.45pm - 10.15pm PowerCo

10.15am - 10.30am Break

10.30am - 12.30am PowerCo (continued)

12.30pm - 1.30pm Lunch

1.30pm - 3pm UMS

3pm - 3.15pm Break

3.15pm - 6pm Transpower

Media contact: Jackie Maitland, Communications Manager

Phone work (04) 924 3708, mobile 029 924 3708