General news
Decision on TPM amendment on allocation charges
- Policy
- Transmission
We have decided to amend the transmission pricing methodology to correct an issue identified in late 2023.
The amendment will correct an issue with benefit-based charges for new transmission customers under the transmission pricing methodology’s simple method adjustment provision.
We have decided to implement the correction as proposed in our consultation in early 2024, where a dollar-per-MWh cap on transmission charges will be applied to charges for those transmission customers affected by the issue.
The correction will fix the issue where new customers connecting to the grid might incur higher benefit-based transmission charges under the simple method than the benefits they receive from the relevant low-value grid investments. If not addressed, this issue could discourage new investment and grid connection.
This amendment comes into force on 10 April 2024.
Related News
New network connections policy to provide clarity and consistency
Electricity Networks Aotearoa, the body representing New Zealand’s 28 distributors, has recently published the policy document 'Queueing and management policy …
New members appointed to the Common Quality Technical Group
We have appointed Tesla’s Hasti Adouli and independent consultant Gavin Bonnett to our Common Quality Technical Group. The CQTG provides independent technical …
Determination of the 2026 Electricity Allocation Factor
The Electricity Authority Te Mana Hiko has today published its Determination of the 2026 Electricity Allocation Factor. This report documents the calculation o…