Latest fromElectricity

Overseas investors sell up
A sell-off by international investors is likely to be behind the weakness in Mighty River Power's share price, say analysts.

Consent deadline for Chch Council
Christchurch City Council has been given a fortnight to speed up its consenting process, or power to grant consents will be taken away from it by the Government.

Brian Fallow: Electricity chief zaps regulation scheme
Brian Fallow looks at the issues involved in a wholesale electricity market, and whether it is competitive or not.

Switching home power habits
New technology allows households to track almost every detail of their electricity use.

Companies are 'mum & dad' investors
The 113,000 so called "mum and dad" investors who bought Mighty River shares included companies, trusts and investment institutions, Treasury has confirmed.

MRP shares went to just a few - Greens
The Green Party says that shares sold in the recent float of Mighty River Power went to only a small group of investors - and claims of widespread 'mum and dad' ownership are false.

Perceptions of power competition improve
Public perceptions of how competitive the retail electricity sector is have improved, though to less-than-emphatic levels.

Govt sets sights on Meridian
Meridian Energy, New Zealand's biggest and most profitable power company, will be partially privatised later this year, Finance Minister Bill English confirmed in yesterday's Budget.

Mighty River: Bonus shares for execs
Senior executives of newly listed, state-controlled Mighty River Power are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30.

Rodney Hide: Proposed power plan full of holes
The Labour-Green power plan is fatally flawed. Here are 10 reasons why, says Rodney Hide.

Petition falls short on signatures
The Grey Power-led petition to force a referendum on the Government’s partial asset sales policy has failed because it did not have enough signatures.

Bernard Hickey: Calm before policy storm
Bernard Hickey says the blast waves from the Labour/Green electricity policy bombshell reverberated further into the business and political landscapes this week.

Warm weather means more saving for households
March's warm weather and the consequent power savings has meant many households have a few extra dollars in their pocket.

Guilty of negligence after fatal shock
An Auckland electrician and electrical inspector have been found guilty of negligence after a home owner suffered a fatal electrical shock while inspecting a water leak.

Power plan an 'ambush'
New Zealand's leading business lobby groups say the Labour Party and the Greens have "ambushed" businesses with their controversial electricity policy which they claim sets a "disturbing precedent" for further intervention.

Business leaders slam power plan
Labour and the Greens have defended their controversial electricity policy after New Zealand's business leaders issued an open letter asking them to withdraw it.

Brian Fallow: Time to take stock of $40b rebuild
Insurance will represent a significantly higher share of the cost of living and the cost of doing business from here on, writes Brian Fallow.

Jones backs power plan
Labour MP Shane Jones says he was a "doubting Thomas'' on the Labour - Greens police to lower power prices, but now fully backs the plan.

John Armstrong: Labour's two fingers draw the battle lines
In the week or so since it revealed its plan to slash power prices, Labour has bared its teeth at anyone questioning the wisdom of breaking up the wholesale electricity market just as it is showing signs of functioning as intended.