Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Hodgson Delivers Electricity Industry Bill

The Government has tabled an Electricity Industry Bill at Parliament today that will give effect to the Power Package decisions announced in October.

"This Bill is another significant step in fixing up the mess left by the previous Government's changes to the electricity industry," said Energy Minister Pete Hodgson. "I am pleased to have it tabled before Christmas, as promised."

Mr Hodgson said the Government Policy Statement on electricity - the other significant document relating to the Government's decisions in response to the Caygill Inquiry into the electricity industry – is currently being finalised and will be released next week. A draft was released in October.

"Together the Bill and the Government Policy Statement provide a comprehensive and strategic approach to electricity policy," Mr Hodgson said. "They introduce changes designed to ensure that electricity is delivered in an efficient, fair, reliable and environmentally sustainable manner to all consumers."

A new Electricity Governance Board with a majority of independent representatives will be responsible for carrying out many of the changes.

The Bill contains backstop regulation-making powers for the establishment of a consumer complaints resolution (ombudsman) scheme, the introduction of a domestic tariff option to limit fixed charges and consumer switching procedures. Wider powers enable the Minister to replace the board with a Crown entity if the industry self-governance model fails seriously to deliver.

The Bill also includes new powers and responsibilities for the Commerce Commission, which is to implement targeted price control for electricity lines companies, including Transpower. It will also administer information disclosure by lines companies, recalibrate line company asset values and review their valuation methodology.

Other proposed changes include easing the statutory restrictions on lines companies investing in distributed generation and clarifying aspects of the legislation covering access to land by line owners.

Ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Crowdsale And Crowdfunding Campaign: Help Create The Future Of Independent News

Two weeks to go! The Scoop 3.0 plan aims to create NZ’s first community-owned, distributed news and media intelligence ecosystem in 2019. We believe this ScoopPro media monetisation approach can be scaled and spread globally to support local and independent news efforts in regional New Zealand and around the world.

Scoop is an ecosystem, it would not exist without those who contribute to it, read it and rely on it for professional media purposes. Generous past support from this ecosystem has enabled us to come this far in developing our business model. Support our PledgeMe Campaign>>

 

14/11: Two Years’ Progress Since The Kaikoura Earthquake

Mayor John Leggett said it was a day for reflection, but also a time to recognise the work by many people to support progress towards recovery made across Marlborough since November 2016. More>>

ALSO:

Pike River: Mine Drift Re-Entry Plan To Proceed

“I’ve decided the Te Kāhui Whakamana Rua Tekau Mā Iwa - Pike River Recovery Agency, recommended course of action to enter the drift, using the existing access tunnel, is by far the safest option,” said Andrew Little. More>>

ALSO:

Appointments: New High Commissioner To Australia Announced

“Dame Annette King needs no introduction given her long running career as a parliamentarian where she has previously held a number senior Cabinet portfolios, including Justice, Police and Health. She also was Parliament’s longest serving female MP with 30 years’ service,” said Mr Peters. More>>

ALSO:

Two Years Since Kaikoura: Silvia Cartwright To Lead Inquiry Into EQC

“The inquiry will be the first of its kind under the Public Inquiries Act 2013 and will have all the powers of a Royal Commission, be independent of Government and make its report directly to the Governor-General. More>>

ALSO:

Gordon Campbell: On The Royal Commission Into Child Abuse

Obviously, it is good news that the coalition government has broadened the scope of its Royal Commission into the abuse of children, beyond its previous focus on children in state care. More>>

ALSO:

Cases Delayed: Court Staff Refuse To Handle Sentencing Papers

Dozens of court cases have reportedly been delayed, as court staff escalate industrial action at two Auckland courts by enforcing a ban on handling sentencing papers. More>>

ALSO:

Education: Primary Teachers Rolling Strikes

RNZ Report: More than 100,000 primary school students in Auckland will be home from school today as teachers and principals walk off the job for the second time this year. It's the start of a week of rolling one-day strikes around the country, after the collapse of contract negotiations last Thursday. More>>

ALSO:

"Process Was Sound": Inquiry Into Haumaha Appointment Released

The Inquiry’s purpose was to examine, identify, and report on the adequacy of the process that led to the appointment. It found the process was sound and no available relevant information was omitted. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels