Electricity Industry Act 2010

Electricity industry governance - Who does what - Electricity Authority

15: Objectives of Authority

You could also call this:

“The Electricity Authority's main tasks: making electricity work well for everyone and protecting home and small business users”

The Electricity Authority has two main jobs. The first one is to make sure that the electricity industry works well for everyone who uses electricity. This means they want to make sure there are different companies competing to give you electricity, that you can always have electricity when you need it, and that the whole system works smoothly. They do this to help all electricity users in the long run.

The second job of the Electricity Authority is to look after people who use electricity at home and small businesses that use electricity. They want to make sure these customers are treated fairly when they get their electricity.

The Electricity Authority only focuses on this second job when they’re dealing with how electricity companies work with home users and small businesses. This means they pay special attention to these customers to make sure they’re taken care of properly.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM2634339.


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14: Independence of members of Authority, or

"Members of the Electricity Authority must work without favouring any group or company"


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16: Functions of Authority, or

"The Electricity Authority's main jobs and responsibilities in New Zealand"

Part 2 Electricity industry governance
Who does what: Electricity Authority

15Objectives of Authority

  1. The main objective of the Authority is to promote competition in, reliable supply by, and the efficient operation of, the electricity industry for the long-term benefit of consumers.

  2. The additional objective of the Authority is to protect the interests of domestic consumers and small business consumers in relation to the supply of electricity to those consumers.

  3. The additional objective applies only to the Authority’s activities in relation to the dealings of industry participants with domestic consumers and small business consumers.

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Notes
  • Section 15 heading: amended, on , by section 10(1) of the Electricity Industry Amendment Act 2022 (2022 No 46).
  • Section 15(1): amended, on , by section 10(2) of the Electricity Industry Amendment Act 2022 (2022 No 46).
  • Section 15(2): inserted, on , by section 10(3) of the Electricity Industry Amendment Act 2022 (2022 No 46).
  • Section 15(3): inserted, on , by section 10(3) of the Electricity Industry Amendment Act 2022 (2022 No 46).