Our transmission service revenue and performance targets are regulated by the Commerce Commission (Commission). Pricing and key performance indicators are determined every five years in what is known as a "Regulatory Control Period", or "RCP".
Regulatory Control Period 2 (RCP2) will run from 1 July, 2015, to 30 June, 2020.
| RCP2 Timeline | Date | |
|---|---|---|
| Commission publishes our RCP2 submission | 02/12/13 | |
| Commission publishes an Issues Paper seeking views on our submission | 10/02/14 | |
| Submissions due on Issues Paper | 03/03/14 | |
| Cross-submissions due | 10/03/14 | |
| Commission publishes a Draft Decision on our RCP2 expenditure allowances, performance targets, and details on the Individual Price Quality Path (IPP) mechanism | 16/05/14 | |
| Submissions due on Draft Decision | 27/06/14 | |
| Cross-submissions due | 11/07/14 | |
| Commission publishes its Final Decision (and an information request on our revenue) | 29/08/14 | |
| Commission publishes the IPP determination (including compliance obligations and form of the IPP) | 31/10/14 | |
