PIAC responded to TransGrid’s Project Assessment Draft Report (PADR) proposal. We advised we do not support the proposal under current cost recovery arrangements which would require consumers to pay for the proposed network upgrades.
We stressed generation businesses, not consumers, are the primary beneficiaries of the proposed upgrades and recommended TransGrid seek funding from those generation businesses. We further advised we are concerned that TransGrid’s estimates of the net benefits to consumers were overstated.
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