General news
Updates to the Authority’s compliance strategy and monitoring framework
- Code
- Compliance
The Electricity Authority Te Mana Hiko (Authority) has published updates to its compliance strategy and monitoring framework to ensure our approach is fit for purpose and relevant for 2026.
These updates reflect our increased focus on consumers and add the following two new high-priority areas for monitoring:
- revisions of submission information for reconciliation
- restrictions on materially large contracts
We encourage industry participants to:
- review our updated compliance strategy and monitoring framework
- consider how the new priority areas may affect your obligations
- get in touch if you have any feedback or questions, by contacting compliance@ea.govt.nz
The Government recently announced it was considering legislative changes to strengthen the Authority’s enforcement powers. Should legislative changes be made, the Authority will review and update our compliance strategy and monitoring framework, as appropriate.
Related News
Stress test disclosures due by 24 June
The spot price risk disclosure regime requires certain participants in the wholesale electricity market to assess their financial exposure to hypothetical move…
Closure of section 16 review
The Electricity Authority Te Mana Hiko has closed an investigation into concerns raised with us about pricing, contract availability, and business conduct in t…
Options to update the governance of harmonics
We’re seeking feedback on three options for updating the regulatory arrangements governing the management of harmonics on New Zealand’s power system.