Wellington, New Zealand --- (METERING.COM) --- September 4, 2013 - On August 29, new electricity metering rules became operational in New Zealand following a fundamental review to enable a contestable metering market, provide for the rapidly increasing uptake of advanced metering infrastructure (AMI), and ensure clear and robust processes around responsibilities and compliance for electricity meters
The changes, which have included a significant upgrade to the registry, influence the operation of most industry participants in the retail market. They also introduce metering equipment providers (MEPs) as a new class of industry participant.
The new rules, which are contained in a new Part 10 and related amendments to Parts 11 and 15 of the Electricity Industry Participation Code 2010, are expected to provide net present value benefits of around $19 million over the next 10 years.
The development of the new rules has been led by the Electricity Authority, with a significant amount of industry input and coordination. The ‘go-live’ of the new Code last week was the culmination of a process that began in 2008, with implementation starting in late 2011 following the gazetting of the new Code.
For more information on the new rules and their development see the article ‘AMI regulation in a contestable metering market’ by Ron Beatty in the forthcoming Smart Energy International Issue 3 2013.