Power bills to increase in 14 regions in New Zealand

Date Jul 14, 2020
Blog category Power
By Staff writer
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

Google rating +
Karyn Swallow , 2022-03-14

Extremely easy and fast to show suitable and economical choices, and also special promotions , I used it to find the best value and most suitable broadband for my situation. I am very happy with the results and to also see and understand the comparisons between the different businesses and their offerings. Will definitely use Glimp again

Kijo “Anyway” , 2022-04-21

Nice experience and helped me found my suitable power, telecom and gas provider.

tom anderson , 2022-04-06

Fast easy service - was able to tailor to my situation. Would recommend!

Salote Fonua , 2022-03-02

Larry G was very helpful when we were setting our internet provider. He was very informative and patient with the process. Glimp is an awesome website when comparing and switching power/internet providers.