Distributor directors: annual reporting deadlines

Distributors with a connected retailer or generator on their network, must have their directors complete several annual disclosure requirements under the Electricity Industry Participation Code 2010.

This update sets out what directors must provide to the Electricity Authority, and when.

Each year - certify compliance with clause 6A.4

Each director must provide the Authority with a certificate confirming that, in the previous calendar year:

• the distributor agreement terms are a true and fair view of the terms on which line function services and information were supplied for the relevant retailing or generation; and
• they have complied fully with clause 6A.4.

Template: Clause 6A.4 of Part 6A - Distributor's statement template

Within two months after the end of the financial year - disclose electricity sales information (clause 6A.7)

Directors must provide the Authority with a statement that confirms the total amount of electricity sold by connected retailers to customers on the distributor’s network during the previous financial year.

Template: Clause 6A.7 of Part 6A - Distributor's statement template

By 31 March each year - report on compliance with arm’s-length rules (clause 6A.8)

Directors must provide the Authority with a statement that confirms they complied with all arm’s-length rules during the previous calendar year.

This statement must also be published by the distributor.

Template: Updated Clause 6A.8 of Part 6A - Disclosure statement template

How to submit statements

Directors must use the templates above and email completed statements to compliance@ea.govt.nz. The Authority will publish all statements received.

Consequences of non-compliance

A director breaches the Code if they:

• refuse or knowingly fail to comply with the disclosure requirements
• provide a statement they know is false or misleading in a material way.

For any queries or support, please contact compliance@ea.govt.nz

About distributor’s obligations