ALPE

Alpine Energy Ltd

1%

Alpine Energy fixed delivery charges (i.e., distribution, pass-through and recoverable) are increasing. The phase-out of ‘low fixed charges’ announced by the Government resulted in a $0.15 increase (or 100% increase) in fixed charges for LOW consumer groups per day. Recoverable and pass-through costs, including transmission charges, have also increased marginally, resulting in an increase in fixed charges for all other consumer groups. Variable charges have remained consistent with previous prices. 

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BUEL

Buller Electricity Ltd

-0.1%

Buller Electricity Limited's overall forecast Revenue in 2022/23 reflects an average price decrease of 0.3% for residential connections, and no change for business or commercial connections. Whether or not an individual consumer will experience an increase, decrease, or no change in their Line Charges from year to year depends on the Delivery Prices they are subject to in combination with their electricity usage patterns. The change in pricing to Residential connections (RSU & RLU) is a result of the partial unwinding of the Low Fixed Charge (LFC) Regulations 2004.

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CHBP

Centralines

0.0%

Centralines have maintained existing prices for the new year with the exception of implementing the initial stage of Low Fixed Charge reform by increasing the daily rate in the Low Fixed Charge plans, CH1 and CH1T, from 15c per day to 30c per day.

To maintain overall pricing at current levels the variable rates in these categories have been adjusted slightly. In addition, using the most current data available the Peak rates in the residential Time of Use price categories have been reduced slightly along with a small increase in the Off-Peak rates. While this will only make a small change in the pricing of connections in these categories Centralines believes the overall reduction will deliver a more equitable result.

With the LFC reform now underway Centralines has also taken the opportunity to close the Generation categories, CH1G and CH2G. Connections in these categories will be relocated to the most appropriate Residential plans from 1 April.

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CKHK

Wellington Electricity Lines Ltd

-1.5%

Electricity lines charge prices in will decrease by an average of 1.5% across the majority of Wellington Electricity price categories.
This coming year’s price decrease is due to more people connecting to the Wellington network. This allows Wellington Electricity to spread the costs of operating the distribution network and transmission costs over more people, lowering prices for everybody. Underlying distribution costs and transmission costs have increased by 1% in line with inflation. The other material change will be a phased increase in Streetlight Fixed Daily rates over the next few years, starting with a 5% increase within the 22/23 Pricing Year. This change is being made to better align the increased costs of maintaining the streetlight network with prices.

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COUP

Counties Power Ltd

6.4%

Counties Energy is increasing lines prices by 6.4% on average from 1 April 2022.
This figure is an average increase because principally it has been applied to the fixed price component of their line charges. This means that customers with lower than average consumption will see a higher increase and, similarly, high-volume customers a lower increase. For the low fixed residential tariff group their daily fixed charge was increased to the new regulatory cap of 30 cents per day.

Other price changes included:

·       A rebalance between the revenue recovered via Counties Energy’s residential fixed and variable charges.

·       Consolidation of the existing Large Commercial Winter Peak charges into one winter peak charge. Similarly the Summer Peak charges consolidated into one Summer Peak Charge.

The increase in line prices has been driven by a surge in material costs across the Counties Energy business far higher than the official annual CPI of 4.9%. For example, transformer costs increased by 23% last year and cabling costs increased by 12%. This material price inflation is expected to continue for the foreseeable future and simultaneously, Counties Energy experiencing accelerated residential and commercial subdivision developments in their fast-growing region that requires new high voltage infrastructure including substations, transmission lines and distribution feeders. Lastly, Counties Energy’s pass-through costs all increased including transmission charges, avoided cost of transmission payments and council rates.

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DUNE

Delta Utility Services Ltd

12%

Aurora has set prices based on the Commerce Commission’s Aurora Energy Customised Price-Quality Path Determination 2021 (the CPP Determination) that was published on 31 March 2021.  The CPP Determination allows Aurora to increase total revenue by 13.71% for the year commencing

1 April 2022. The revenue change comprises the provisional 10% cap on total revenue, a 3.4% increase for the difference between forecast and actual inflation, and a 0.31% increase for the difference between forecast and actual transmission costs.  An updated version of Aurora’s Pricing Methodology will be published by 31 March 2022 and will detail the drivers of the price change.

Overall, these changes result in an average increase Distribution Service charges of 12.0%.  Accordingly, under the terms of the Default Distributor Agreement, I give notice of the following changes, to apply from 1 April 2022:

·       Average distribution service charges will increase 13.8% for the 56,100 customers in the Dunedin pricing area;

·       Average distribution service charges will increase by 7.4% for the 22,600 customers in the Central Otago / Wānaka pricing area;

·       Average distribution service charges will increase by 13.3% for the 14,600 customers in the Queenstown piecing area, including the Frankton sub area; and

Whilst the average price increase by GXP pricing area is as stated above, there will be variations in the line charges change noted by load groups and individual ICPs.

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EASH

Electricity Ashburton

-0.1%

The overall average movement is a slight reduction of 0.1%. Electricity Ashburton are also rebalancing the split between fixed and volume pricing. For the GS20 category (including all residential connections), volume prices are reducing by an average of 12% and fixed charges are increasing from 15c/day to 30c/day. They are applying larger increases for higher capacity categories. For customers with average usage within each category this change will not affect the total amount that is charged, but for lower users within each category it will increase delivery costs.

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EAST

Eastland Network Ltd

-1.0%

The tariff changes to apply for the pricing period 2022-23 are made up of a 0.8% decrease in the distribution component and a 1.4% increase in transmission component of Eastland Network charges. Total revenue to Eastland Network is being reduced by 1%. As per 2021 amendments to the LFC regulation, Eastland Networks have increased the fixed daily charge for Domestic Low Users to 30c. Fixed daily charge for other tariff codes increased between 2% and 23% leading to recovering 7% more revenue via fixed charges reflecting the fact that vast majority of Distribution costs are fixed. Due to observed energy consumption increase on Eastland Network, variable charges have been reduced by circa 6% in domestic low user tariff, circa 12% in domestic standard tariff and 18% across other tariffs.

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ELEC

Electra Limited

4.1%

Distribution charges makes up around 77% total network charges and have increased by an about of 7.5%.
This increase reflects the annual change to Electra Networks' target revenue, which is targeted to be in line with peer EDBs who are regulated by the Commerce Commission. Electra is carrying out a significant programme of investment over the next four years to maintain the safety, reliability and resilience of their network and are seeing a range in input cost increases. Transmission charges and other costs make up around 23% of network charges and have increased by around 5.5%.  Overall, Electra expects the average Electra residential customer distribution bill to increase by around 11.5%. Additionally, they have commenced changes linked to the removal of Low Fixed Charge regulations, they expect to incrementally increase their low user plans fixed prices by $0.15 (15 cents) over the next five years.

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ELIN

Electricity Invercargill

3.4%

In line with the Default Price Path (DPP) Electricity Invercargill Limited is to increase its line charges for the residential and general customer groups by an average of 3.4%.
The increase incorporates a 4.8% increase in Transmission costs.  Whilst the average price increase is as stated above, there will be variations in the line charges change noted by load groups.

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HAWK

Unison Networks

0%

There will be little change overall in residential prices for the new year with the exception of implementing the initial stage of Low Fixed Charge reform by increasing the daily rate in the Low Fixed Charge plans, M11 and TLU, from 15c per day to 30c per day. To maintain overall pricing at current levels the variable rates in these categories have been adjusted slightly.

With the LFC reform now underway Unison has also taken the opportunity to close the Generation categories, G11 and G12. Connections in these categories will be relocated to the most appropriate Residential plans from 1 April.

In order to increase the number of residential connections submitting on Time of Use plans, TLU and THU, Unison has implemented mandating of certain residential connections into these plans. This is an initial step towards having as many residences submitting on time of use plans as is practical in the near future.

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HEDL

Horizon Energy Distribution Ltd

Not advised

Overall level of price changes not advised. No change in loss factors.

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LINE

The Lines Company

Not advised

Overall level of price changes not advised.

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LLNW

Lakeland Network

5.0%

This year there will be a price increase of an average 5% for the residential and general customer groups from 1 April 2022. Whilst the average price increase is as stated above, there will be variations in the line charges change noted by load groups.

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MARL

Marlborough Lines Limited

2.5%

Marlborough Lines Limited [MLL] price changes from 1 April 2022 include:

·       A small increase in prices for most consumer groups (an overall average increase of 2.5%, but this varies by consumer price plan) to cover increases in MLL’s costs.

·       For the “average” (as defined by MBIE) residential consumer, the price increase is 4c/day post-discount (1.8%).

·       A rebalancing of prices from variable to fixed, this better reflects the generally fixed costs that MLL incurs in owning and operating its network.

·       Increases in prices for remote consumers relative to non-remote equivalents. Connections in remote areas cost significantly more, higher prices better reflect and signal the cost of supplying these connections.

·       Increases in the fixed daily charge for Residential Low Fixed Charge consumers from 15c/day to 30c/day consistent with the Electricity (Low Fixed Charge Tariff Option for Domestic Consumers) Regulations 2004.

Any consumer who owns (or purchases) an Electric Vehicle (EV) in future may like to connect their EV charging point to MLL’s controllable tariff. MLL charges approximately 3c less per kWh of energy under the controllable tariff. For further information, please contact MLL or your local electrician.

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MPOW

Mainpower New Zealand Ltd

See description

The following is a summary of the annual cost movement likely to be realised in the 2022-23 year for the average consumer in each group:

• An increase for residential consumers of $79 or 10.1% ($48 or 6.1% due to the reduction in rebate)

• Low user change to daily rates as part of the phase out of this regulation. This group sees higher changes as a result of this change.

• An increase for irrigation consumers of $138 or 2.5%.

• An increase for non-residential consumers of $44 or 2.1%.

• The large user group covers a wide range of users but overall the group sees a change of about 0.1%.

A full copy of the line delivery price schedule applying from 1 April 2022 is available on the pricing page of MainPower’s website. This schedule breaks down the price into what is attributable to distribution and transmission components.

An additional pricing component for EV has been made available to apply to the tariff structure, however having no price impact in the 2022 year.

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NELS

Nelson Electricity

1.0%

The pricing change impact varies depending on load group due to the Low Fixed Charge regulation changes and allocations due to load profiles. Overall the pricing results in a 1% increase. Loss Factors remain unchanged.

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NPOW

NorthPower Limited

0%

The overall level of price increase is 0%.

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ORON

Orion New Zealand Ltd

-2.3%

As an overall summary, this update reflects an inflation‐based allowance within Orion's price path which is more than offset by:

·       additional revenue that they expect to receive from growth in chargeable quantities, and

·       a regulatory adjustment relating to FY21 which is a result of actual allowable revenue being greater than forecast allowable revenue. 

Combined with other minor variations in cost allowances, the overall average movement is a 2.3% price reduction. Within the overall average price reduction of 2.3%, each category has a different relative exposure to the costs and allowances that are changing. As a result, the price movement for each category varies.

·       Streetlighting connections average price movement = +0.1%

·       General connections average price movement = -1.8%

·       Irrigation connection average price movement = -5.2%

·       Major customer connections average price movement = -3..7%

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OTPO

OtagoNet Joint Venture

-7.3%

OtagoNet Joint Venture is to decrease its line charges for the residential and general customer groups by an average of 7.3%. The new prices also include a decreases in Transmission costs of 0.8%.

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POCO

Powerco Ltd

6.6%

Powerco’s overall network revenue (comprising distribution, transmission, pass-through costs and other recoverable costs) results in a price increase of 6.6% compared to last year.  During consultation Powerco signalled that an asset disposal washup from FY21 meant Powerco’s required revenue was forecast to rise by ~12%. Powerco has elected to defer $12.5 million of this washup until FY25 which, when combined with allowable revenue and growth forecasts brings the price increase down to 6.6% across all customers.

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SCAN

Scanpower Ltd

4.0%

Scanpower's overall revenue requirement has increased by 4% year on year, and their new pricing is intended to recover this.  The average increase is 4%. Key drivers of the increase in our revenue requirement include:

·       A 4% increase in transmission prices for the coming year, recently notified by Transpower.

·       Upward / inflationary pressure on wage costs and other operating expenses.

·       Rapidly escalating costs of materials, in particular cable and transformers.

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TASM

Network Tasman

-1.0%

Network Tasman are decreasing the prices we charge to retailers in 2022/23. The transmission component of Network Tasman prices has decreased on average by 14% to reflect a decrease in their transmission (and other pass-through) costs. Network Tasman have increased the distribution component of their prices by 3.4% to reflect an increase in the costs of maintaining and operating their network. The effect of these changes will vary across price categories, depending on specific cost allocations (as outlined in the Network Tasman pricing methodology), but overall there is a decrease in Network Tasman prices of 1%.

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TOPE

Top Energy Ltd

-9.0%

The total change in Top Energy prices is an decrease of approximately 9% pre posted discount. This consists of 2% decrease in distribution charges and a 52% decrease in passthrough and recoverable charges.

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TPCO

The Power Company Ltd

3.7%

The Power Company Limited Board of Directors has determined that there will be an increase to line prices effective from 1 April 2022. The overall increase in line charges is 3.65% for residential and general customers; this incorporates a small decrease in Transmission costs. Whilst the average price increase is as stated above, there will be variations in the line charges change noted by load groups.

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VECT & UNET

Vector Networks

1.3%

Prices, to apply from 1 April 2022 result in an estimated weighted average price increase for consumers of 1.3%. Vector have stated that this increase is the result of:

·       inflation (+1.3%);

·       rates and levy costs(impact +0.6%);

·       transmission charges (impact +0.3%);

·       regulatory adjustments and voluntary under-pricing (impact +1.5%); and

·       volume (impact -2.4%).

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WAIK

WEL Networks

0.0%

There have been no structural changes and fixed daily charges for Low User price categories will increase as permitted by the phase out of LFC regulations. To account for the increased fixed charges, the variable

kWh charges for Low User and Standard price categories will decrease. These changes have been calculated to be revenue neutral overall.  Fixed daily charges for General price categories will increase and to account for the increased fixed charges, the variable charges will decrease proportionally to ensure the adjustment is revenue neutral overall. 

Nominated Capacity and Excess Demand charges for Large Customer price categories will increase.

To account for the increased Capacity charges, Peak Demand Summer and Peak Demand Winter charges will decrease proportionally to ensure the adjustment is revenue neutral overall. 

Pricing for Streetlighting and Unmetered connections remains unchanged.

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WAIP

Waipa Networks Ltd

Not advised

Overall level of price changes not advised. Change in loss factors not advised.

The time-bands for Peak, Shoulder, and Off Peak prices have changed as follows:

·       Peak time band has reduced from 8 to 5 hours and is now applicable from 7am-9am, and again from 5:30-8pm; this used to apply from 7am-10am and 4pm-9pm.

·       The Shoulder time band has increased from 8 to 10 hours and is now applicable from 9:30am-5:30pm, and again from 8-10pm; this used to apply from 10am-4pm and 9-11pm.

·       The Off Peak time band has increased from 8 to 9 hours and is now applicable from 10pm-7am; this used to apply from 11pm-7am.

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WATA

Network Waitaki

5.7%

To ensure Network Waitaki can continue to provide a safe and reliable supply of electricity to customers, they have adjusted pricing so that the business remains sustainable over the long term and allow them to invest in the future of the network. As a result of this adjustment, lines charges will increase 5.7% on average across all Network Waitaki customers.

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WPOW

Westpower Ltd

4.0%

Westpower has increased its overall distribution charges (including Residential Category 1 consumers) by 4% to partially recover increasing costs to the business.

The variable transmission charge component of the tariff has increased (for mass-market customers) by around 1.7% in line with changes to both the quantum and timing of Transpower's interconnection charges. With the RCPD peaks remaining in the winter period over the last year, there has been no significant reallocation of coincident peak demands between the various seasonal industries, leading to relatively stable pricing for larger customers for this coming year. The new transmission charges have been transparently passed through to bulk customers, and then spread across the remaining tariff categories to recover the projected annual cost from Transpower.

The net effect of these changes is an overall decrease in variable charges for residential customers. For instance, the domestic uncontrolled rate has decreased 4% from 12.982 c/kWh to 12.456 c/kWh. Variable distribution charges for all other categories have increased by 4%.

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