22 May 2017 Increase in the adjustment used for calculating

First Gas Limited
42 Connett Road West, Bell Block
Private Bag 2020, New Plymouth, 4342
New Zealand
22 May 2017
P +64 6 755 0861
F +64 6 759 6509
Increase in the adjustment used for calculating Marginal Buy Price
Under section 12.12 of the MPOC, an “adjustment” is used for calculating the Marginal Buy Price
and the Marginal Sell Price for each Day.
Since 1 January 2016 the Marginal Buy Price and the Marginal Sell Price adjustment has been set at
3% of the Average Market Price on the Day.
On and from 23 May 2017, the Marginal Buy Price adjustment will be increased to 10% of the Average
Market Price on the Day. The Marginal Sell Price will remain at 3%.
The adjustment for the Marginal Buy Price and the Marginal Sell Price will continue to be reviewed as
and when needed.
Chris Bolton
Transmission Commercial Manager
3209049
Uncontrolled copy when printed
© First Gas Limited
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3209049
Uncontrolled copy when printed
© First Gas Limited
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