![Competition holds down power prices](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Competition holds down power prices
Electricity demand is edging up but strong competition is keeping a lid on prices and could push them down this year.
Electricity demand is edging up but strong competition is keeping a lid on prices and could push them down this year.
He spent 18 months without power after his electricity supplier refused to reconnect him after a storm. Now he's won an out-of-court settlement - and an apology.
Thousands of Kiwi households have complained about their electricity provider in the last year, with almost half of complaints being about billing issues.
The Labour-Greens' proposal has created a major dilemma for potential Mighty River Power investors - should they invest in a company that could be subject to major regulatory change, including a dramatic adjustment to its business model?
Editorial: Labour proposes to set up a single buyer, NZ Power, to purchase all electricity generation at what it deems a fair price, based on the actual cost of production.
The PM has dismissed accusations of cronyism in the Govt's choice of appointments to boards and working groups.
Soaring wholesale power prices last week have prompted complaints from 14 organisations, including ASB bank, Telecom, Vodafone and the owner of the Marsden Point oil refinery.
Over the next two and a half years the emissions trading scheme will effect a substantial transfer of wealth.
Power companies have hit back at claims that dirty tricks are being used stop customers switching suppliers.
Power companies' intentions to build new power stations have collapsed over the past year, writes Patrick Smellie of Businesswire.
The electricity sector is in for the most comprehensive overhaul since the late 1990s.
Energy Minister Gerry Brownlee says a big energy company shake-up is designed to give more power to consumers.
The Government has unveiled a shake up of the state owned power companies in an attempt to get more competition into the electricity sector.
Almost 40,000 Mercury Energy customers will pay much more for gas from next month.