We have developed the following design principles to help guide the development of our new TPM proposal, as we make necessary trade-offs between options which otherwise comply with the TPM Guidelines.
Our goal is to develop the best TPM proposal we can, consistent with the new TPM Guidelines, the Electricity Authority’s statutory objective and any determination by the Commerce Commission under Part 4 of the Commerce Act 1986.
The process of development
Draft principles
On 17 August, we published draft design principles and invited feedback through our TPM development newsletter. You can read that newsletter here. The draft principles were:
Feedback
On 7 September, we published the feedback we received. Thanks to those who contributed.
TPM design principles feedback |
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Our response
We revised our design principles based on our review and consideration of the submissions we received. This included making it clearer they sit under the TPM Guidelines, the EA's statutory objective and any determination by the Commerce Commission under Part 4 of the Commerce Act. On 29 September, we published a summary of the feedback, our response and our final design principles.
TPM design principles |
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Thanks again to all who contributed to this important step in our process.