Jason Franklin named as new CEO of Powerco
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- Updated January 10, 2025
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As a collective of businesses, industry associations and consumer representatives, we write a joint letter to the Commerce Commission as part of the consultation process for the Fibre IM Review issues paper – tranche 1. We express our shared concern about price volatility and step changes that have occurred at the start of recent regulatory periods under Part 4 (electricity distribution and transmission, gas and airports) of the Commerce Act.
Letter to ENA about ENA's concerns with the weighted average cost of capital (WACC) estimates and Consumer Price Index (CPI) forecasts. The ENA claims WACC is unrealistically low, and the CPI forecast biases lead to greater downside risks, prompting a review request before the final determination of the third default price-quality path (DPP3).