Cap proposed for transmission pricing changes

Tue, 11 Dec 2018

By Gavin Evans Dec. 11 (BusinessDesk) - The Electricity Authority plans to set a cap on any increases in customer costs resulting from proposed changes to the way almost $1 billion of annual transmission costs are shared around the country. The regulator says its work on the industry’s transmission pricing methodology remains “extremely important” and today signalled the core of its May 2016 proposal remains intact. It is aiming to wrap the project up by June and has pledged a “major consultation exercise” on its final proposal. “We co...

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