Greg Houston and Carol Osborne assisted New Zealand electricity lines and gas pipelines business, Powerco, in relation to the Commerce Commission’s review of its ‘input methodologies’ for setting price and revenue caps. In a report on the methodology for determining the regulatory WACC, we identified elements with the potential to improve the incentives on businesses for prudent and efficient decision-making. In a second, supplementary report, we responded to submissions by the Major Energy Users Group and Sustainable Electricity Association New Zealand. These reports can be found here and here.
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