Code amendments

Electricity Industry Participation Code Amendment (Transmission Pricing Methodology Amendments) 2024


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 (the Code) comes into force on 1 March 2024.

The amendment amends Schedule 12.4 of the Code (the Transmission Pricing Methodology) to allow Transpower more flexibility in establishing regional net private benefits (NPBs) and modelled regions for market benefit-based investments (BBIs) under the price-quantity method for Benefit Based Charge (BBC) allocation.


Legislative information

Title Electricity Industry Participation Code Amendment (Transmission Pricing Methodology Amendments) 2024
Principal or amendment Amendment
Consolidated version No
Empowering Act and provisions Electricity Industry Act 2010, section 38, section 39(3)
Replacement empowering Act and provisions Not applicable
Maker name Electricity Authority
Administering agency Electricity Authority
Date made 16 January 2024
Publication date 30 January 2024
Notification date 30 January 2024
Commencement date 1 March 2024
End date Not applicable
Consolidation as at date Not applicable
Related instruments Electricity Industry Participation Code 2010