The Treasury has finally developed a fair and widely accepted process for the Genesis Energy IPO, writes Brian Gaynor.

Genesis Energy could end up being the most costly sale in the Government's partial privatisation programme as a proportion of its proceeds.

Shares in state-owned power generator and retailer Genesis Energy will be priced in a $1.35 to $1.65 range and include a one-for-15 loyalty bonus share offer as a sweetener.

The Government says shares in Genesis Energy will be priced in a $1.35 to $1.65 range and would include a loyalty bonus share offer.

Full details of the Genesis Energy float will be released today including the price range for the shares, a bonus share scheme and the timetable for its sharemarket listing.

Over the past couple of weeks, households have been receiving nasty surprises in the mail.

Households will be socked with power bill increases of as much as 24% next month and power firms and network operators are blaming each other over who is responsible.

The Govt's move to set the share price for the Genesis Energy float before retail investors have to pay up has won approval from an investment expert.

The structure of the Genesis Energy float is unusual but makes sense given the complexities of the company, says one investment banker.

The National Government's flagship partial asset sales policy will end in the next month with the sale of Genesis Energy, said John Key.

Editorial: The real reason for the asset sales, all along, has been to put all four of the big electricity generating companies on the same competitive footing.

Bill English has thrown the Opposition a curve-ball as they ready themselves for their unofficial three-week campaign to maximise the "no" vote in the referendum on partial asset sales.

The Government, fresh from the sale of shares in Mighty River Power and Meridian Energy, faces a harder sell when it comes to divesting a 49 per cent stake in the third and final power generator.

New technology allows households to track almost every detail of their electricity use.

Editorial: Naturally enough, the Government was keen to put the entire blame for what happened on "politicking" by Labour and the Greens.

The Tiwai Pt power price stoush will probably have a small negative effect on the price of Mighty River - but it's not a showstopper say sharemarket analysts.

Potential investors in Mighty River Power, Genesis Energy and Meridian will be exposed to the financial impacts caused by any new charges linked to water or geothermal use and land resumption.

Genesis Energy chairwoman Dame Jenny Shipley says the state-owned enterprise is ready for partial sale but was coy on whether she would lead the company on the sharemarket.

The Maori King and the Prime Minister drew the battle lines, with the former saying "Maori'' and the latter saying "No One''. Today, two legal academics explore the deep currents that lie beneath each claim.