Electricity Industry Act 2004

In this Part, unless the contrary intention appears —

efficient cost of supply means those costs that would be incurred by a prudent service provider acting efficiently and in accordance with accepted and good industry practice;

regulated retail tariffs means fees and charges prescribed as referred to in section 132(1) or the Energy Operators (Powers) Act 1979 section 124(4);

Tariff Equalisation Account means the account referred to in section 129C;

tariff equalisation contribution means a tariff equalisation contribution determined under section 129D(2);

user means a network user as defined in section 103 or a user as defined in the Electricity Transmission and Distribution Systems (Access) Act 1994 Schedule 5 clause 1 or Schedule 6 clause 1.

[Section 129B inserted: No. 18 of 2005 s. 139; amended: No. 77 of 2006 Sch. 1 cl. 54(1); No. 9 of 2020 s. 24.]