Electricity Industry Amendment Bill

Last updated: November 17, 2021


Electricity Industry Amendment Bill

Published: November 17, 2021

Submitting To: The Economic Development, Science and Innovation Select Committee

Issue for Business: The Bill implements changes recommended by the Electricity Price Review, seeking to strengthen consumers' voice and provide an effective regulatory framework for the electricity industry in view of rapidly evolving technologies and business models. Our draft submission is generally supportive of the changes, although we recommend some changes: • Refer to the newly established entity as the Small Consumer Advocacy Council (rather than Agency) • Remove Clause 6 under Schedule 1, Part 1, which would impose costs retrospectively • Request future changes to the Act or Code are well-signalled and thoroughly consulted on • Consider compensation arrangements for organisations required to provide information for ministerial investigations or reviews • Provide further detail of the purpose and nature of information to be shared between agencies. • Consider arrangements to notify participants of what information is being shared and when.


Submit a Comment

Reports in Energy

Fuel Industry Amendment Bill

Submitting to: The Economic Development, Science and Innovation Select CommitteeAuthor: Levi GibbsDate: 2023-01-23Category: EnergyIssue for Business: The Bill is amended in two consequential ways. First, it gives the Commerce Commission the power to investigate competition ...

Sustainable Biofuel Obligation Bill

Submitting to: Environment Select CommitteeAuthor: Levi GibbsDate: 2023-01-11Category: EnergyIssue for Business: The Sustainable Biofuel Obligation proposed that fuel suppliers had to reduce their emissions by at least 1.2% in 2023, and increase their reductions out to ...

Promoting competition in the wholesale electricity market in the transition toward 100% renewable electricity

Submitting to: Electricity AuthorityAuthor: Levi GibbsDate: 2022-12-14Category: EnergyIssue for Business: The Electricity Authority (EA) decided to investigate competition in New Zealand's wholesale electricity market after sustained high prices since 2018. The EA launched ...