Meta Data
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
1992
Effective Start Year: 
2021
Scope: 
National
Document Type: 
Act
Economic Sector: 
Power
Energy Types: 
Power
Issued by: 
Government of New Zealand - Ministry of Economic Development
Overall Summary: 
An Act (a) To make better provision for the regulation of the supply of electricity and the electricity industry in New Zealand; and (b) To consolidate and amend the law relating to the regulation and control of electrical workers; and (c) To provide for matters incidental thereto; and (d) To repeal the Electric Linemen Act 1959, the Electricity Act 1968, and the Electrical Registration Act 1979.
Pricing
Energy taxation: 
Every industry participant (or prescribed class of industry participant) must pay to the Commission on behalf of the Crown a levy [...].
Investment
Independent power producers: 
The Commission or the Rulings Panel, or electricity governance regulations or rules, may direct Transpower, and 1 or more industry participants, to enter into 1 or more transmission agreements for connection to, use of, and (where relevant) investment in, the national grid.
Electricity wholesale markets: 
The Governor-General may, by Order in Council made on the recommendation of the Minister[...], make regulations for all or any of the following purposes: Wholesale market (1)providing for the establishment and operation of competitive wholesale markets for electricity [...].
Public Private Partnerships: 
The Commission or the Rulings Panel, or electricity governance regulations or rules, may direct Transpower, and 1 or more industry participants, to enter into 1 or more transmission agreements for connection to, use of, and (where relevant) investment in, the national grid.
Governance
Energy institutional structures: 
There continues to be an organisation to be called the Electricity Commission.---The Commission is the same body as the Electricity Governance Board[...].