Transpower has published an indicative transmission pricing update, which illustrates what transmission charges might have been for the current pricing year commencing 1 April 2022, had the new Transmission Pricing Methodology (TPM) been applied.
Transpower’s indicative numbers show a $26 million per annum cost saving for Meridian from the current TPM, as compared to indicative pricing released last year showing a $13 million per annum cost saving.
Transpower cautions that the actual transmission charges when calculated later this year, for the pricing year commencing 1 April 2023, may be materially different to the indicative prices just released. Earlier this month the Electricity Authority released its final TPM decision and Transpower is expected to implement the decision from 1 April 2023.
The updated indicative transmission pricing published by Transpower can be found here:
www.transpower.co.nz/industry/transmission-pricing-methodology-tpm/tpm-proposal-electricity-authority
The S&P/NZX 50 Index closed at 11,867.58, down 89.92 points or 0.75%.
Synlait Milk co-founder John Penno has quit the company’s board, and George Adams has taken over as chair.The debt-laden milk processor told the New Zealand stock exchange (NZX) on Wednesday that Adams, who joined the board in March as an independent director, would take over fro...
Sanford says its delighted and fortunate to nab former Skellerup boss Mair.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details