Pursuant to section 11 of the Electricity Industry Act 2010 ("Act"), the Electricity Authority gives the following notice.
N o t i c e
1. Title and commencement-(1) This notice is the Electricity Industry (Exemption No. 150 (Payless Energy Limited)) Exemption Notice 2012.
(2) This notice comes into force on 1 October 2012.
2. Exemption-Payless Energy Limited ("Payless") is exempted from compliance with the obligation in clause 15.38 of the Electricity Industry Participation Code 2010 ("Code") to obtain and maintain certification.
3. Term-This exemption expires at the earlier of:
(a) the close of 31 March 2013; and
(b) Payless being responsible for more than 10 installation control points ("ICPs").
4. Reasons for granting the exemption-The reasons for granting this exemption are:
(a) Granting the exemption meets the requirements in section 11(2) of the Act for granting exemptions;
(b) the exemption is only needed on a short-term basis;
(c) granting the exemption will assist a small new entrant to enter the market, which could lead to increased competition for the long-term benefit of consumers;
(d) due to the small number of ICPs involved, the exemption will have little or no impact on other participants and service providers, and will not affect any other Code provisions; and
(e) Payless will not have sufficient data to make an audit required for certification meaningful as some processes and procedures will not have been used in production.
Dated at Wellington this 6th day of September 2012.
For and on behalf of the Electricity Authority:
DR THOMAS BRENT LAYTON, Chairperson, Electricity Authority.