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Electricity Industry Act 2010

Miscellaneous - Amendments to other enactments - Amendments to Commerce Act 1986

152: How exempt status can be lost and default/customised price-quality regulation can be applied to consumer-owned suppliers

You could also call this:

“How electricity companies can lose special rules and get new ones”

This part of the law talks about how a company that supplies electricity can lose its special status and have new rules applied to it. If a company is no longer owned by its customers, it must tell the Commission within 10 working days.

The law also changes how many people need to sign a petition to ask for new rules to be applied to their electricity supplier. For people who can vote for the company’s leaders, 15% need to sign. For people who can’t vote, 20% need to sign. For businesses that use electricity, 25% need to sign (either by number of businesses or by how much electricity they use).

The law also explains that a ‘domestic consumer’ means the same thing as it does in another law called the Electricity Industry Act 2010.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM2634586.

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151: Definition of consumer-owned, or

"Explaining what it means for an electricity company to be owned by its customers"

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153: Administrative settlements with Transpower made before 1 April 2009, or

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Part 5 Miscellaneous
Amendments to other enactments: Amendments to Commerce Act 1986

152How exempt status can be lost and default/customised price-quality regulation can be applied to consumer-owned suppliers

  1. Section 54H is amended by inserting the following subsection after subsection (2):

  2. A supplier must give notice in writing to the Commission within 10 working days after becoming aware that it has ceased to be consumer-owned.

  3. Section 54H(3) is amended by repealing paragraphs (a) to (c) and substituting the following paragraphs:

  4. 15% of the persons who are domestic consumers of the supplier as at the date of the petition who are eligible to vote in elections for trustees of the customer trust or community trust, or for members of the committee of shareholders of the customer co-operative:
    1. 20% of the persons who are domestic consumers of the supplier as at that date who are not eligible to vote in elections for trustees of the customer trust or community trust, or for members of the committee of shareholders of the customer co-operative:
      1. 25% of the persons who are non-domestic consumers (either by number or by consumption of that class of consumer) of the supplier as at that date.

        1. Section 54H is amended by inserting the following subsection after subsection (3):

        2. In this section, domestic consumer has the same meaning as in section 5 of the Electricity Industry Act 2010.

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