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… Cap 110 115 Cap Recovery Charge 112 Part I Prudent Discount Policy 113 116 Effect of Prudent Discount Agreements 113 117 … investment (including a BBI) is commissioned compliance investment means an investment by Transpower in a … in accordance with good electricity industry practice. A compliance investment may also be an enhancement investment, …

… Cap 110 111 Cap Recovery Charge 112 Part I Prudent Discount Policy 113 112 Effect of Prudent Discount Agreements 113 113 … investment (including a BBI) is commissioned compliance investment means an investment by Transpower in a … in accordance with good electricity industry practice. A compliance investment may also be an enhancement investment, …

… 116 Cap Recovery Charge 122122121 Part I Prudent Discount Policy 123123122 117 Effect of Prudent Discount Agreements … investment (including a BBI) is commissioned compliance investment means an investment by Transpower in a … in accordance with good electricity industry practice. A compliance investment may also be an enhancement investment, …

… Cap 115 115 Cap Recovery Charge 117 Part I Prudent Discount Policy 118 116 Effect of Prudent Discount Agreements 118 117 … investment (including a BBI) is commissioned compliance investment means an investment by Transpower in a … in accordance with good electricity industry practice. A compliance investment may also be an enhancement investment, …

… (PV) limits (as described in Transpower’s Bipole Operating Policy) applied to the forward looking and final pricing … can be one of the following three types, and may also be a compliance investment:108 a. replacement b. refurbishment c. … represents a reasonably likely future grid state. 108 A compliance investment is an investment made to ensure the …

… (PV) limits (as described in Transpower’s Bipole Operating Policy) applied to the forward looking and final pricing … can be one of the following three types, and may also be a compliance investment:162 a. replacement b. refurbishment c. … represents a reasonably likely future grid state. 162 A compliance investment is an investment made to ensure the …

… (PV) limits (as described in Transpower’s Bipole Operating Policy) applied to the forward looking and final pricing … can be one of the following three types, and may also be a compliance investment:141 a. replacement b. refurbishment c. … represents a reasonably likely future grid state. 141 A compliance investment is an investment made to ensure the …

… (PV) limits (as described in Transpower’s Bipole Operating Policy) applied to the forward looking and final pricing … can be one of the following three types, and may also be a compliance investment:98 a. replacement b. refurbishment c. … represents a reasonably likely future grid state. 98 A compliance investment is an investment made to ensure the …

… (PV) limits (as described in Transpower’s Bipole Operating Policy) applied to the forward looking and final pricing … can be one of the following three types, and may also be a compliance investment:96 a. replacement b. refurbishment c. … represents a reasonably likely future grid state. 96 A compliance investment is an investment made to ensure the …

… DRAFT0 | SEPTEMBER 2022FEBRUARY 2023 15 Bipole Operating Policy) applied to the forward looking and final pricing … can be one of the following three types, and may also be a compliance investment:100 a. replacement b. refurbishment c. … represents a reasonably likely future grid state. 100 A compliance investment is an investment made to ensure the …