Electricity Authority proposes changes to transmission pricing methodology
01 Jul 2016
July 2016
The Electricity Authority is proposing to alter the way transmission charges are currently shared among customers so that charges better reflect the transmission services delivered and the costs involved. In a move away from a NZ Inc approach where prices have been averaged across the whole country, they propose a new 'area of benefit' charge (or regional charging) and a 'residual charge' resulting in major increases in electricity pricing for Auckland. In addition to the significant pricing increases GETBA also has concerns over unintended consequences including security of supply.