Tag Archives: Commerce Act

RNZ Morning Report: Damning indictment of Aurora Energy #Listen

Aurora Energy has not maintained the lines utility because for years the company passed over lines profits in the form of dividends to DCC and subvention payments to cover Stadium debt servicing. Central Otago power users faced silly-huge increases in their lines charges. Otago power users, generally, having already paid for upgrades and renewals through their lines charges, have regrettably lost their safe and secure supply of electricity, and must now pay twice. The people responsible for this critical state of affairs need to explain and face the consequences.

How does this stack up for the Commerce Commission, the industry regulator ?

### rnz.co.nz Mon 12 Jun 2017
Morning Report with Guyon Espiner and Susie Ferguson
8:47 AM Many electric lines companies have outdated equipment -ComCom Link
A report by the Commerce Commission says many electric lines companies have outdated equipment that should have been replaced years ago. Our reporter Eric Frykberg has been looking into it.
Audio | Download: Ogg MP3 (3′29″)

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Commerce Commission New Zealand
Media Release 9 June 2017

The Commerce Commission has published one-page summaries of key performance measures for each of New Zealand’s 29 electricity lines companies.
The summaries are designed to promote a better understanding of each lines company’s performance by providing high-level statistics such as profitability, capital and operating expenditure, asset condition, revenue and network reliability.
Commissioner Dr Stephen Gale said that the Commission has pulled together the data to make it easily accessible for industry, Government agencies and consumers, and to enable comparison across lines companies. The statistics are sourced from more detailed public disclosures.
“Electricity companies reach every New Zealand household and business so over time we want to make it easier for consumers to understand how their own lines company is performing year-on-year. The information in the summaries is still quite technical in nature, but we expect this kind of exposure will in itself help improve lines companies’ overall performance,” Dr Gale said.
“The summaries are a high-level snapshot of the lines companies and are not intended to represent a thoroughly detailed picture of performance. However, they suggest some differences between the performances of different lines companies, such as the health of assets including poles, lines and substation equipment. In cases of apparent poor performance, we will follow up with the companies to better understand their circumstances. We will also undertake further analysis in the future.”
The performance summaries are available on the Commission’s website.

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Performance summaries for electricity distributors
Under Part 4 of the Commerce Act these 29 electricity distributors are required to publicly disclose information to help people better understand how the sector is performing.

Click areas on the [interactive map at the ComCom website] to download the distributors’ 2016 performance summaries.

[screenshot only]

The performance summaries provide high level statistics on each lines companies’ performance, including measures such as profitability, capital and operating expenditure, asset condition, line charge revenue and network reliability.

See more details in the documents below.
← Back to Performance analysis and data for distributors

Documents
Explanatory notes for electricity distributors’ performance summaries – May 2017
(PDF, 464 KB) Published on 31 May 2017

Total electricity distribution 2016 – June 2017
(PDF, 488 KB) Published on 06 June 2017

Performance summaries for electricity distributors – May 2017
(MS Excel Spreadsheet, 2.1 MB) Published on 31 May 2017

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[screenshot, details]

Aurora Energy 2016 One Page summary

█ View Online: http://www.comcom.govt.nz/assets/Downloads/Aurora-Energy-2016-one-page-summary.pdf

█ For more, enter the terms *aurora*, delta*, *poles*, *healey* or *dchl* in the search box at right.

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Posted by Elizabeth Kerr

This post is offered in the public interest.

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