The New Regulatory Regime for Electricity Lines Businesses: Great Expectations Unfulfilled

Lewis Evans and Mark Berry

No 19116, Working Paper Series from Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation

Abstract: A new regulatory regime applying to Electricity Lines Businesses (ELBs) will come into force on 1 April 2009. These reforms are set out in the Commerce Amendment Bill 2008 which passed its Third Reading on 5 September 2008. Although many commentators have welcomed the Bill it may well prove to be disappointing. In particular compromise over a dynamic efficiency objective lack of clarity about an introduced concept "input methodologies" and limited appeal rights portend uncertainty and issues to be resolved.

Keywords: electricity lines businesses (ELBs); regulatory reforms (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcsr:19116

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