TPM Development: TPM Options Consultation

TPM Options Consultation

This consultation sought feedback on our initial thinking on options for the benefit-based charge (BBC) and for adjustments to the BBC and residual charges (Adjustments), both mandatory components of the new TPM. The BBC and Adjustments components are inter-related, so we consulted on them jointly. 

Although this consultation package included our initial thinking, we have not formed a final view on what we will include in the proposed TPM we submit to the Electricity Authority. Submissions and cross-submissions have now been published below, and will inform our TPM proposal. 

Please email us at tpm@transpower.co.nz if you have questions. We are also continuing to publish questions and answers here.
 

Consultation documents

Our consultation comprised three papers:

  • Part A: Overview 
  • Part B: Benefit-based charge
  • Part C: Adjustments to charges

We also supplied two supporting documents:

  • Large-format diagrams - These key diagrams show detail on the TPM components under consultation. Small versions are used throughout the consultation documents as signposts, and readers may find this larger copy useful for reference. We recommend printing at A3 size.  
  • Question document - As with our previous TPM consultations, we have compiled the specific questions we pose throughout the consultation into a Word document, to aid submitters in preparing responses.  

 

Consultation documents
TPM Options, Part A - Overview [ pdf 1.84 MB ]
TPM Options, Part B - Benefit-Based Charge [ pdf 3.66 MB ]
TPM Options, Part C - Adjustments to charges [ pdf 1.74 MB ]
TPM Options, Large-format diagrams [ pdf 362.5 KB ]
TPM Options, Specific questions - Word document [ docx 71.43 KB ]
Submissions
All submissions on TPM Options Consultation.pdf [ pdf 7.48 MB ]
Contact Energy submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 440.54 KB ]
Counties Power submission on TPM Options Consultation, Part B.pdf [ pdf 148.09 KB ]
Counties Power submission on TPM Options Consultation, Part C.pdf [ pdf 144.82 KB ]
ENA submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 244.84 KB ]
IEGA submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 855.87 KB ]
Mercury submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 263.01 KB ]
Meridian submission on TPM Options Consultation, Part B.pdf [ pdf 344.51 KB ]
Meridian submission on TPM Options Consultation, Part C.pdf [ pdf 332.88 KB ]
MEUG submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 135.9 KB ]
MEUG submission on TPM Options Consultation - Options 2020 Analysis (Final).pdf [ pdf 469.14 KB ]
Network Waitaki submission on TPM Options Consultation, Part B.pdf [ pdf 100.04 KB ]
Network Waitaki submission on TPM Options Consultation, Part C.pdf [ pdf 174.36 KB ]
Northpower submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 367.92 KB ]
Northpower on TPM Options Consultation - Axiom Economics report jointly commissioned by Vector and Northpower.pdf [ pdf 213.24 KB ]
Nova submission on TPM Options Consultation, Part C.pdf [ pdf 204.08 KB ]
NZ Steel submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 360.04 KB ]
Orion submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 199.85 KB ]
Powerco submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 95.37 KB ]
Refining NZ submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 741.84 KB ]
The Lines Company submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 178.83 KB ]
Tilt Renewables submission on TPM Options Consultation, Part B.pdf [ pdf 106.7 KB ]
Trustpower submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 420.4 KB ]
Trustpower submission on TPM Options Consultation - Attachment 1 - CEC 2020 Report - BBC and RC.pdf [ pdf 362.44 KB ]
Trustpower submission on TPM Options Consultation - Attachment 2 - JC 2020 Report - Example_UpperWaitaki_FINAL.pdf [ pdf 597.15 KB ]
Unison and Centralines submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 199.86 KB ]
Vector submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 189.42 KB ]
Vector submission on TPM Options Consultation - Axiom Economics report jointly commissioned by Vector and Northpower.pdf [ pdf 213.24 KB ]
Cross-submissions
All cross-submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 2.21 MB ]
IEGA cross-submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 747.65 KB ]
Mercury cross-submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 190.94 KB ]
MEUG cross-submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 210.46 KB ]
MEUG cross-submission on TPM Options Consultation, Part B and Part C - Attachment .pdf [ pdf 254.52 KB ]
Trustpower cross-submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 571.34 KB ]
Trustpower cross-submission on TPM Options Consultation - Attachment.pdf [ pdf 207.59 KB ]
Vector cross-submission on TPM Options Consultation, Part B and Part C.pdf [ pdf 158.6 KB ]

Consultation process

The TPM Options Consultation was published on 9 November 2020. Initial submissions were due by 5pm on Monday, 14 December 2020 and cross-submissions were due by 5pm on Monday, 18 January. 
 

Online drop-in sessions

We ran three online drop-in sessions during the initial submission period. These were opportunities for you to ask questions and seek clarifications about the consultation. Links to the transcripts and video recordings of all three sessions are below.

Date

Time

Session #1

Thursday 19 November 2020

Recording and transcript 

2.00-3.30pm

Session #2

Wednesday 25 November 2020

Recording and transcript 

2.00-3.30pm

Session #3

Tuesday 1 December 2020

Recording and transcript

2.00-3.30pm

If you have further questions on the TPM Options Consultation, email us at tpm@transpower.co.nz.