Submissions published for Code amendment omnibus #5

The Electricity Authority Te Mana Hiko has published submissions on its Code amendment omnibus #5 consultation.

We consulted on three amendments to the Electricity Industry Participation Code 2010 to:

• Update the stress test regime to reduce risk to consumers and security of supply
• Extend trader default provisions to all retailers to protect customers
• Introduce a back-up means of calculating wholesale prices to improve market confidence.

We would like to thank the eight submitters for taking the time to send us your feedback:

• Electricity Retailers’ Association of New Zealand
• Genesis Energy
• Mercury Energy
• Meridian Energy
• Major Electricity Users’ Group
• New Zealand Steel
• Octopus Energy
• Transpower.

View submissions

We are considering all submissions and expect to make a decision on the proposed Code amendments in April 2025.