
Vector dividend up: Consumers get $345
Auckland households are set to get a bigger dividend payout from Vector next month.
Auckland households are set to get a bigger dividend payout from Vector next month.
Vector has posted a 2.8 percent gain in pretax earnings, beating its guidance
Mighty River will spring another 2.5 cents per share special dividend for shareholders, having already given 5c in December.
Like the mass extinction of screws on the back of your phone, the death of cables is coming and one New Zealand company is leading the charge.
Profits and earning are up at Meridian Energy. And shareholders are in line for a special dividend.
It's been a tough year for Contact Energy, with profits falling 43 per cent. But CEO Dennis Barnes says improvements are expected across all parts of the business next year.
Of the 33 employees based at the site, 26 roles will be disestablished and seven employees will moved within the company.
Contact Energy's decision to close its Otahuhu power station is the latest in an industry-wide move away from gas.
One in five Auckland households switched power companies last year, helping them save an average of $136 in the process.
Most consumers are happy with their power companies, says a Consumer magazine survey , but the bigger the company the less likely they are to be satisfied.
The price of power is helping drive down customer satisfaction with electricity retailers, according to Consumer New Zealand's latest annual survey.
More than half a billion dollars has been wiped off the value of NZX-listed electricity firms today.
Next Wednesday all eyes will be on the owners of the Tiwai Pt aluminium smelter to see if they give Meridian Energy notice they wish to terminate their contract.
Aucklanders are being warned they could face fines of up to $10,000 and daily penalties for not keeping their trees and other vegetation away from power lines.
Northland electricity lines companies have slammed the Electricity Authority for its proposal to grant an annual increase of nearly $300 in power charges per household.
Mighty River Power has defended its pre-paid energy service Globug, after it was criticised by an unhappy customer in the Otago Daily Times.
Auckland households could face an increase of 4.5 per cent in their power bills under changes the Electricity Authority is considering.
Powerco, the energy lines company, reported a 20 per cent drop in annual profit as it paid more tax.
Around 3,000 Auckland homes are without power tonight as the wet weekend weather kicks in.
If you worry about the power your mobile phone uses when you leave it charging all night, relax.
An experienced power line worker was last night fighting for his life after being flung from a live transformer in Auckland.
Taking long showers and leaving the lights on are among the big reasons flatmates argue when it comes to electricity usage, says Canstar Blue in a new survey.
An estimated two-thirds of New Zealand homes do not meet global guidelines for healthy living.
A top US Government official visiting the country has praised New Zealand as a “great model” for other countries working to boost their renewable energy generation.
A massive electrical storm has left some Mt Eden and Balmoral residents and businesses without power this afternoon.
Power companies have successfully pushed back against a move to provide people with more information about why prices go up.