Code amendments
Electricity Industry Participation Code Amendment (Settlement Residual Allocation Methodology) 2022
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Related documents
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New Settlement Residual Allocation Methodology - Decision paper15 November 2022, 19 pages
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Settlement Residual Allocation Methodology - Consultation paper16 August 2022, 49 pages
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Settlement Residual Allocation Methodology: principles, options and pass-through - Consultation paper16 January 2022, 29 pages
Explanatory note
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 comes into force on 1 April 2023.
The amendment requires grid owners and distributors to develop methodologies for allocating to their customers settlement residue, and to allocate and pay settlement residue in accordance with these methodologies.
Legislative information
| Title | Electricity Industry Participation Code Amendment (Settlement Residual Allocation Methodology) 2022 |
|---|---|
| Principal or amendment | Amendment |
| Consolidated version | No |
| Empowering Act and provisions | Electricity Industry Act 2010, section 38 |
| Replacement empowering Act and provisions | Not applicable |
| Maker name | Electricity Authority |
| Administering agency | Electricity Authority |
| Date made | 14 November 2022 |
| Notification date | 16 November 2022 |
| Commencement date | 1 April 2023 |
| End date | Not applicable |
| Consolidation as at date | Not applicable |
| Related instruments | Electricity Industry Participation Code 2010 |