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Input Methodologies review draft decision (note 2 x appendices)

  • Updated February 7, 2025

ENA submission to the Commerce Commission about the draft Input Methodologies (IM) review decision, highlighting concerns over regulatory rigidity. ENA supports some amendments but stresses the need for a more flexible regime to cater for the impending transition towards an electrified and decarbonised economy.

Input Methodologies review – Report on the IM review

  • Updated February 14, 2025

ENA submission to the Commerce Commission about the input methodologies review draft decisions. The submission discusses the proposed changes and selected draft decisions not to make changes to the input methodologies, including ENA's recommendations and concerns.

Input Methodologies review – Topic paper 1, form of control and RAB indexation

  • Updated February 14, 2025

ENA submission to the Commerce Commission about the proposed changes in the form of control for electricity distribution businesses, specifically recommending the application of a pure revenue cap to align incentives for efficient market outcomes. The submission critiques the potential impacts on pricing efficiency and investment incentives, suggesting that wash-up mechanisms and incentives for connecting new customers be streamlined.s

Input Methodologies review – Topic paper 2, CPP requirements

  • Updated February 14, 2025

ENA submission to the Commerce Commission about proposed improvements in Default and Customised Price-Quality Path methodologies. The submission advocates for reducing the cost and complexity of Customised Price-Quality Path applications and assessments, improving certainty and flexibility, and ensuring better alignment with information disclosures.

Input Methodologies review – Topic paper 3, impact of emerging technologies

  • Updated February 14, 2025

ENA submission to the Commerce Commission about the impact of emerging technologies on electricity distribution businesses (EDBs). The submission discusses the need for regulatory adjustments to mitigate partial capital recovery risks due to technological advancements, proposing measures like a reduction in asset lives and setting a maximum life for new assets to maintain investment incentives.

Input Methodologies review – Topic paper 4 cost of capital issues

  • Updated February 14, 2025

ENA submission to the Commerce Commission about the draft review of weighted average cost of capital input methodology (WACC IM) highlights the association's concerns with the proposed changes in debt compensation estimations. It argues for a trailing average methodology, and presents evidence suggesting the existing and some proposed methodologies undercompensate electricity distribution businesses (EDBs) and may not reflect real-world debt strategies and market conditions.

Input Methodologies review – Topic paper 7, related party transactions

  • Updated February 14, 2025

ENA submission to the Commerce Commission about the consultation paper, 'Input methodologies review draft decisions – Topic paper 7 – Related party transactions.' The submission discusses the principles and objectives for reviewing related party rules, fairness in cost recovery at arm's-length prices, and calls for alignment in related party provisions between input methodologies and information disclosure determinations.

Input Methodologies review, Framework for the IM review

  • Updated February 14, 2025

ENA submission to the Commerce Commission about the Input Methodologies (IM) review draft decisions framework paper. The ENA stresses the need for clear policy intent and seeks assurances on regulatory stability to support investment confidence in New Zealand's electricity distribution networks.

Inquiry into climate adaptation

  • Updated February 10, 2025

ENA submission to the Environment Committee regarding the inquiry into climate adaptation emphasises the need for legislative and regulatory changes to improve electricity infrastructure resilience against climate events like Cyclone Gabrielle. The submission advocates for the review of existing laws to facilitate the transition to alternative energy sources and better align infrastructure retreat with community adaptation needs.

Inquiry into Natural and Built Environments Bill

  • Updated February 11, 2025

ENA submission to the Environment Select Committee about the Natural and Built Environments Bill highlights the critical role of electricity distribution networks in enabling New Zealand's transition to a low-carbon economy. The submission emphasises the need for planning legislation to adequately support the infrastructure necessary for both decarbonisation and housing development, while advocating for equitable treatment and clear definitions within the National Planning Framework.