Commission Consults On Approving $36 Million Investment To Maintain Reliable Electricity Supply In South Auckland

Published: Thu 26 Nov 2020 08:39 AM
The Commerce Commission has released its draft decision allowing Transpower to invest $36 million to replace ageing infrastructure and cater for increasing electricity demand in South Auckland.
Transpower, which owns and operates the national electricity grid, applied to the Commission in May 2020 to spend $36 million to invest in its Bombay-Otahuhu regional network by June 2023.
“Our draft decision is that this investment is needed to maintain a secure and reliable electricity supply to the Bombay-Otahuhu region,” Commission General Manager of Regulation Nick Russ said.
“The decision would allow Transpower to purchase two new transformers for the grid, as well as doing preparatory work to replace conductors from Otahuhu to Wiri.”
Transpower is currently developing its understanding of the likely costs of the conductor replacement. It intends to complete and recover the cost of the replacement by seeking an amendment to the Commission’s decision.
The Commission is consulting on its draft decision and will consider submissions before making its final decision.
Submissions on the draft decision are due by 17 December 2020 and cross submissions are due by 22 January 2021. The Commission expects to make its final decision by 19 March 2021.

Next in Business, Science, and Tech

February 2021 New Vehicle Registrations Strongest On Record
By: Motor Industry Association
Lockdown Equals Slowdown For Some
By: Paymark
Te Waihanga Releases Report On Water Infrastructure
By: New Zealand Infrastructure Commission
Perseverance Rover Lands On Mars – Expert Reaction
By: Science Media Centre
Matariki Almost A Half Billion Dollar Tax On Business
By: ACT New Zealand
Genesis Assessing 6,000 GWh Of Renewable Generation Options For Development By 2025
By: Genesis Energy
OECD Unemployment Rate Stable At 6.9% In December 2020, 1.7 Percentage Points Higher Than In February 2020
Missions To Mars: Mapping, Probing And Plundering The Red Planet
By: Binoy Kampmark
Could The Next Emirates Team New Zealand Boat Be Made Entirely Of Hemp?
By: New Zealand Hemp Industries Association Inc
View as: DESKTOP | MOBILE © Scoop Media