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No change proposed for information requirements

24 October 2017


No change proposed for information requirements on gas companies seeking customised price-quality paths


The Commerce Commission has today released a draft decision which proposes not to amend the information requirements applying to gas pipeline businesses which apply for a customised price-quality path (CPP).

The draft decision forms part of the review of Input Methodologies (IMs), which are the upfront rules, requirements and processes that apply to businesses the Commission regulates in markets with little or no competition.

Commission Deputy Chair Sue Begg said the information requirements ensure regulated businesses provide the Commission with sufficient information to assess whether a CPP application meets the necessary evaluation criteria and promotes the long-term benefit of consumers.

“As we have yet to receive any applications for a CPP from a gas pipeline business, we are proposing not to make any changes at this stage. Instead, we intend to revisit the requirements and consider whether any changes are necessary once we have completed a gas CPP. We consider this would result in a more effective process,” Ms Begg said.

The Commission welcomes submissions on the paper by 7 November 2017 by email toregulation.branch@comcom.govt.nz. A final decision will be published in December 2017.

The draft decision can be found on our website.

ends

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