Powerco today made a formal application to the Commerce Commission for a customised price-quality path (CPP). This follows Powerco’s release of its preliminary proposal for public consultation in January. Powerco’s CPP application sets out a significant programme of renewal investment that will replace assets at the end of their safe and reliable operating life. The […]
Update on our Customised Price-Quality Path (CPP) proposal
In January 2017 we publicly released material informing of our intention to make a CPP proposal which will increase our current levels of expenditure to ensure that we: Provide safe, secure and resilient networks. Invest for customer growth. Enable our customers energy choices. During recent months we have completed our customer and stakeholder consultation process […]
Powerco unveils $1.4 billion regional investment plan for North Island electricity networks
Tuesday, January 17, 2017 Powerco today released a proposal to invest up to $1.4 billion upgrading the electricity networks supplying Coromandel, Eastern and Southern Waikato, Western Bay of Plenty, Taranaki, Whanganui, Manawatu, Tararua and Wairarapa. The investment programme spans a five-year period from 1 April 2018. Powerco Chief Executive Nigel Barbour said the proposal reflected […]