Distributor audits

Distributor audits

Electricity distributors (local and embedded networks) must be regularly audited.

Distributors are required to create and maintain information in the Electricity Registry under Part 11 of the Code. This includes information about the:

• creation of identifiers for installation control points (ICPs)
• provision and maintenance of ICP information to the registry
• creation and maintenance of loss factors and price category codes
• notification of network supply points to the reconciliation manager.

When a distributor is audited

Audits should be carried out and submitted:

• within three months of the distributor first accepting responsibility for an NSP or ICP
• on the date that we advise that an audit should take place
• at any time at the request of the industry participant or an approved auditor.

What distributor audits cover

The reconciliation process allocates physical volumes of electricity to credit electricity sellers (for example, generators) and invoice industry participants who consume the electricity (for example, retailers).

Distributor audits check that the Electricity Registry has correct and timely records, so that consumer switching and reconciliation processes are accurate.

If an audit identifies non-compliance with the Code a compliance plan is required to go with the audit. A compliance plan shows how the reconciliation participant will address the non-compliance.

See the following guidelines for distributor audits and an inherent risk register.

• Guidelines for distributor audits
• Distributor inherent risk register

Register of distributors and published audits

We keep a register of audited distributors. The register includes the distributors most recent audit, compliance plan and the next audit date.