EA halves benefits expected from transmission pricing change

Fri, 17 Apr 2020

The Electricity Authority has halved the estimated benefit it expects from the changes to transmission pricing it has proposed but says they remain “positive and material.”The pricing changes, which aim to charge consumers based on the benefits they receive from the transmission assets they actually rely on, could deliver net benefits worth about $1.3 billion during the next 30 years, the authority said today.But that figure – the median of a $400 million to $2.4 billion range – is only half the $2.7 billion net benefit it estimated when it pre...

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