This note is not part of the amendment, but is intended to indicate its general effect.

This amendment to the Electricity Industry Participation Code 2010 (the Code) comes into force on 1 April 2023.

The amendment amends clause 1.1 and Schedule 6.4 of the Code to remove the obligation on distributors to net off the transmission costs that an efficient distributor would be able to avoid by connecting certain distributed generation (avoided cost of transmission) when calculating the maximum connection charges that may be applied to that generation under the regulated terms.

More infonnation about the amendments is available on the Electricity Authority's website https://www.ea.govt.nz/development/work-programme/pricing-cost-allocation/transmission pricing-review/development/