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The New Regulatory Regime for Electricity Lines Businesses: Great Expectations Unfulfilled

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  • Evans, Lewis
  • Berry, Mark

Abstract

A new regulatory regime applying to Electricity Lines Businesses (ELBs) will come into force on 1 April 2009. These reforms are set out in the Commerce Amendment Bill 2008 which passed its Third Reading on 5 September 2008. Although many commentators have welcomed the Bill it may well prove to be disappointing. In particular compromise over a dynamic efficiency objective lack of clarity about an introduced concept "input methodologies" and limited appeal rights portend uncertainty and issues to be resolved.

Suggested Citation

  • Evans, Lewis & Berry, Mark, 2008. "The New Regulatory Regime for Electricity Lines Businesses: Great Expectations Unfulfilled," Working Paper Series 19116, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
  • Handle: RePEc:vuw:vuwcsr:19116
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    File URL: https://ir.wgtn.ac.nz/handle/123456789/19116
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