Transpower publishes indicative transmission pricing update

Release






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Transpower publishes indicative transmission pricing update

28 April 2022
Transpower has published an indicative transmission pricing update, which illustrates what
transmission charges might have been for the current pricing year commencing 1 April 2022,
had the new Transmission Pricing Methodology (TPM) been applied.
Transpower’s indicative numbers show a $26 million per annum cost saving for Meridian
from the current TPM, as compared to indicative pricing released last year showing a $13
million per annum cost saving.
Transpower cautions that the actual transmission charges when calculated later this year,
for the pricing year commencing 1 April 2023, may be materially different to the indicative
prices just released. Earlier this month the Electricity Authority released its final TPM
decision and Transpower is expected to implement the decision from 1 April 2023.

The updated indicative transmission pricing published by Transpower can be found here:
www.transpower.co.nz/industry/transmission-pricing-methodology-tpm/tpm-proposal-
electricity-authority


ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited

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