Code and Regulations
What is an industry regulator?
A regulator is an organisation that controls or supervises an industry or practice by way of rules or regulations. The Electricity Authority regulates the operation of New Zealand's electricity industry in accordance with the Electricity Industry Act 2010 and the Electricity Industry Participation Code (Code).
What is the Electricity Industry Participation Code?
The Code is a set of rules made and administered by the Authority.
What does the Code cover?
The Code contains provisions that are necessary or desirable to promote matters such as:
- competition in the electricity industry;
- the reliable supply of electricity to consumers;
- the efficient operation of the electricity industry;
- the performance by the Authority of its functions.
The Code sets out the responsibilities of industry participants and the Authority. Industry participants include electricity retailers, generators, lines companies and Transpower.
The Code deals with various topics, as follows:
- Part 1 Preliminary provisions
- Part 2 Availability of Code information
- Part 3 Market operation service providers
- Part 4 Force majeure provisions relating to ancillary service agents
- Part 5 Regime for dealing with undesirable trading situations
- Part 6 Connection of distributed generation
- Part 7 System Operator
- Part 8 Common quality
- Part 9 Security of supply
- Part 10 Metering arrangements
- Part 11 Registry Information Management
- Part 12 Transport
- Part 13 Trading arrangements
- Part 14 Clearing and settlement
- Part 15 Reconciliation
- Part 16 Special provisions relating to Rio Tinto agreements
- Part 17 Transitional provisions
Where can I get a copy of the Code?
The Code is available in the Act, Code and Regulations section of this website.