With state-owned Transpower making an after tax profit of $73.8 million in just the six months to 31 December 2014, New Zealand First believes these profits must be used to smooth transmission price increases planned for households, businesses an
Updates filtered by: Power Prices
West Coasters and Northlanders are facing higher charges proposed by the Electricity Authority, says New Zealand First.
Prime Minister John Key has unashamedly allowed energy companies to rip off Kiwi families through the emissions trading scheme (ETS) to the tune of $1.4 billion, says New Zealand First.
As the cold bites our heaters are going on, and our power bills are going up.
Our power bills have much in common with the salaries and the costs of the electricity industry – they are high.
Dunedin Public Meeting
Tuesday 27 May, 1pm
South Dunedin Community Hall, King Edward St, South Dunedin
The blame game is alive and well as electricity prices continue to go up under the National Government.
The Government should ensure that energy is supplied at a fair and reasonable price for consumers says New Zealand First.
New Zealand’s electricity sector is in a shocking state. It’s so bad that even a highly-educated, PhD-holding expert would struggle to explain in simple terms exactly how it operates.
New Zealand First has formulated policy that would place the three state-owned electricity generating power companies – Mighty River Power, which would be bought back, Genesis and Meridian – back into public ownership as a single generating entity
New Zealand First says National has no plans to halt the escalation of electricity prices which are destined to increase at a faster rate once the Government starts selling off its state-owned power companies.
The year has started poorly for the National-led Government which seems intent on inflicting unnecessary financial pain on ordinary New Zealanders.
It is a year since New Zealand First returned to Parliament and with the holiday season approaching, it’s a good time to review the highs and lows from 2012.