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Aurora WACC change

  • Updated February 7, 2025

ENA submission to the Commerce Commission about aligning the Weighted Average Cost of Capital (WACC) rate to the Default Price-Quality Path (DPP4) rate from 1 April 2025. This alignment is seen as a pragmatic step to reduce the incentives not to apply for Customized Price-Quality Paths (CPPs) due to fears of exposure to different WACC rates.

Benchmark agreement and SRAM related Code changes

  • Updated February 7, 2025

ENA submission to the Electricity Authority regarding Benchmark agreement and SRAM related Code changes. The submission supports the recovery of SRAM implementation costs by Transpower, amendments to the benchmark agreement, and an expanded pass-through option for settlement rebates, arguing that these measures ensure parity among EDBs, embedded networks, and customers.

Building consents system review

  • Updated February 10, 2025

ENA submission to the Ministry of Business, Innovation and Employment about the review of the building consent system. The main point of the submission is to advocate for the inclusion of compliance with the Electrical Code of Practice for Electrical Safe Distances (NZECP34) into the building consent process, highlighting the need to address potential non-compliance with electric line proximity during construction.