Vector depreciation bid rejected in ComCom DPP reset

Vector depreciation bid rejected in ComCom DPP reset
Gavin Evans
By Gavin Evans May 29 (BusinessDesk) - Vector, the country’s biggest electricity distributor, has had its request to accelerate depreciation on its network assets turned down by the Commerce Commission. The company had sought a higher depreciation rate on its network assets to reflect the increased risk it sees to them as more firms and households invest in solar and batteries to reduce their demand from the grid. But the Commerce Commission, in a draft decision today, says it's not inclined to exercise the new discretion it has under...

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Third of Powerco on the line
Infrastructure

Third of Powerco on the line

New Zealand's second-largest lines company is 100% Australian-owned.

John Anthony 12 Apr 2024
Beachlands development zoning approval given
Infrastructure

Beachlands development zoning approval given

A large housing development in Beachlands South has been given the go-ahead with the approval of a change to the Auckland Unitary Plan.The private plan change rezones land south of the Beachlands township on the eastern fringe of the city.The development, on land encompassing the...

Staff reporters 12 Apr 2024
Slow and steady wins the race? Familiar speed bumps for fast-track
Policy

Slow and steady wins the race? Familiar speed bumps for fast-track

Freddy the frog will be glad to hear he still has a few months left on the clock.

Dileepa Fonseka 12 Apr 2024
Does NZ really need to spend $1 trillion on infrastructure?
Infrastructure Analysis

Does NZ really need to spend $1 trillion on infrastructure?

In short, no. We probably can't afford it.

Oliver Lewis 11 Apr 2024