Clause 2.16 notices
Clause 2.16 notices specify information that industry participants must provide to the Electricity Authority.
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About clause 2.16 notices
Clause 2.16 of the Electricity Industry Participation Code 2010 allows the Electricity Authority to issue notices that require industry participants to provide specific information, including on a regular basis or in response to events, to assist in monitoring and understanding the market.
We consult with market participants before issuing a notice under Clause 2.16 to ensure the information requirements are workable and the outcomes can be delivered at a reasonable cost.
The notices allow the Electricity Authority to collect and publish data, information and tools to help monitor the industry and electricity markets. It helps to improve participation in and understanding of the electricity markets by the Authority, industry participants and consumers. It also helps us to put in place the right rules to ensure the electricity system runs smoothly.
Clause 2.16 notices
Industry participants are required to follow these clause 2.16 notices.
1. Retail market monitoring notice
This notice requires all retailers to provide monthly information on domestic and small business customers (effective 31 August 2025).
It increase transparency and accountability in the retail electricity market and helps us monitor the retail market, including plans and prices, the Consumer Care Obligations, the barriers that customers face and retail competition.
2. Retailer financial stress notice
This notice is for all retailers, who have at least 1,000 ICPs recorded on the registry on the last calendar day of the reporting month, to provide monthly ICP information (effective 1 October 2022).
It helps us monitor the financial stress faced by electricity customers on an ongoing basis.
3. Investment pipeline notice
This notice is for Transpower to provide information on upcoming generation and load projects, like solar farms and data centres (effective 1 February 2025).
It helps us monitor future electricity supply and demand levels.
4. Cost of investment notice
This notice is for generators to provide information about the cost of new generation projects (effective 1 February 2025).
It helps us assess whether prices are aligned with the cost of providing new generation.
Upcoming notices
We are proposing a new clause 2.16 notice to provide us, and the market, with more information on the availability of thermal fuels (gas, solid fuels and diesel) for electricity generation.