The New Regulatory Regime for Electricity Lines Businesses: Great Expectations Unfulfilled

Evans, Lewis; Berry, Mark

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The New Regulatory Regime for Electricity Lines Businesses: Great Expectations Unfulfilled

Evans, Lewis; Berry, Mark

URI: https://ir.wgtn.ac.nz/handle/123456789/19116

Date: 2008

Rights: Permission to publish research outputs of the New Zealand Institute for the Study of Competition and Regulation has been granted to the Victoria University of Wellington Library. Refer to the permission letter in record: https://ir.wgtn.ac.nz/handle/123456789/18870

Abstract:

A new regulatory regime applying to Electricity Lines Businesses (ELBs) will come into force on 1 April 2009. These reforms are set out in the Commerce Amendment Bill 2008 which passed its Third Reading on 5 September 2008. Although many commentators have welcomed the Bill it may well prove to be disappointing. In particular compromise over a dynamic efficiency objective lack of clarity about an introduced concept "input methodologies" and limited appeal rights portend uncertainty and issues to be resolved.

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