Today the Commerce Commission released the draft revenue limits for electricity lines companies and Transpower.
This is our first look at the draft revenue limits, and we are currently working through the detail provided by the Commerce Commission this morning. What’s important is that we continue to deliver to the standard our community expects, providing a safe, reliable, and resilient network that is ready for the future. We will be reviewing the draft decision and providing feedback to the Commerce Commission in the near future.
The Commerce Commission has more information about the draft revenue limits on their website:
Commerce Commission - Electricity Lines and Transmission Charges: What are they, why are they changing and what does this mean for your electricity bill? (comcom.govt.nz)