REGULATION OF NEW SOUTH WALES ELECTRICITY DISTRIBUTION NETWORKS Determination and Rules Under the National Electricity Code December 1999 I NDEPENDENT P RICING AND REGULATORY T RIBUNAL OF N EW S OUTH W ALES I NDEPENDENT P RICING AND R EGULATORY T RIBUNAL OF N EW S OUTH W ALES REGULATION OF NEW SOUTH WALES ELECTRICITY DISTRIBUTION NETWORKS Determination and Rules Under the National Electricity Code December 1999 National Electricity Code Determination 99-1 December 1999 2 The Tribunal members for this review are: Dr Thomas G Parry, Chairman Mr James Cox, Full time member This publication comprises two documents: The Tribunal's determination on Regulation of New South Wales Electricity Distribution Networks under the National Electricity Code Rules made by the Tribunal under clause 9.10.1(f) of the National Electricity Code Inquiries regarding this publication should be directed to: Scott Young (02) 9290 8404
[email protected] Anna Brakey (02) 9290 8438
[email protected] Eric Groom (02) 9290 8475
[email protected] Independent Pricing and Regulatory Tribunal of New South Wales Level 2, 44 Market Street Sydney NSW 2000 (02) 9290 8400 Fax (02) 9290 2061 www.ipart.nsw.gov.au All correspondence to: PO Box Q290, QVB Post Office, NSW 1230 Determination Under the National Electricity Code December 1999 I NDEPENDENT P RICING AND REGULATORY T RIBUNAL OF N EW S OUTH W ALES 4 TABLE OF CONTENTS FOREWORD i EXECUTIVE SUMMARY iii SUMMARY OF DETERMINATION vii GLOSSARY OF ACRONYMS AND TERMS xix 1 INTRODUCTION 1 1.1 The