Brand

Power bills to increase in 14 regions in New Zealand

Date 331addf45bb3516008aff5fb298ee62ac379c2c3a2b3907f5779c303044d921a Jul 14, 2020
Blog category fe5ce5147ae753a2d3756d369ad2708a946a9a272087e636187c73e45c076f93 Power
Fx9b1v7yrlmf2zlls3s7

Sad news for consumers in New Zealand, as 14 regions are expected to pay more for their electricity. However, 15 regions will win out from an overhaul of power pricing.

The Electricity Authority has a released a fairer option of paying for the national grid. The grid access is provided by Transpower, which makes up about 10 per cent of the average household electricity bill.

Essentially, under the Electricity Authority proposal, some regions will have to pay more for the benefit of better infrastructure in New Zealand.

The overall yearly impact of a 0.5 per cent increase on residential prices is $11 per household per year.

Auckland, Northland, Ashburton and the West Coat will experience the biggest increases in power prices.

Eventually there will be a reduction in cost in the industry and prices for consumers due to the proposal, said Carl Hansen - Electricity Authority chief executive.

According to Carl, there would be an increase in regions which benefited from recent grid upgrades, or where transmission prices had been lower than average.

After billions of dollars of investment in the national grid, the Electricity Authority has been exploring options to make the sharing of transmission costs more fair. The EA consultation closes on July 26, with a final decision expected by October.

Source: stuff.co.nz

Previous Article

Best Broadband Deals NZ - May Edition

Next Article

Electricity Bill Price Increase for Contact Energy Customers

Google rating 3d550da73015d4619d871361ff35a16af6f9290008b572d3db617236fd96fcb5 +
brent Dinnan , 2020-09-18

Used Glimp to compare prices for Broadband and toke thier adivce and signed up with a new plan saving a fair bit each month... I should have first gone to my provider as the yoffered me a better price to stay with them... lesson learnt

Sophie Turnbull , 2020-09-14

Received great technical support from Ronualdo two times this morning - both times he fixed my problem quick smart! Thank you :)