Government Power Prices Rip-Off Ashburton

Press Release – New Zealand First Party

New Zealand First is calling on new Energy and Resources Minister Judith Collins to act over Ashburton facing average power price increases of $226 p.a.Rt Hon Winston Peters
New Zealand First Leader
Member of Parliament for Northland
19 DECEMBER 2016
Government Power Prices Rip-Off Ashburton

New Zealand First is calling on new Energy and Resources Minister Judith Collins to act over Ashburton facing average power price increases of $226 p.a.

“With average connection costs in the Electricity Ashburton area set to increase by $226, the new Minister needs to exercise her Section 18 powers and review the Electricity Authority’s Transmission Pricing Methodology,” says New Zealand First Leader and Northland MP Winston Peters.

“As $226 represents just an average increase larger electricity users, like farmers and the processors they supply, will pay a lot more.

“These hikes are about making consumers pay for what Transpower has already built, then making them underwrite generator dividends and subsidising Australia’s Rio Tinto.

“The Electricity Authority is a Wellington-based bureaucracy with 43 staff on over $100,000, a CEO earning over $7,000 per-week and a Chairman on $252,000. As such the new energy Minister’s first job should be to reign this bloated authority in and force them to reconnect with the needs of ordinary businesses and consumers,” says Mr Peters.
ENDS

Local lines company Who is affected What the cost is today What the Electricity Authority and Government want Percent increase Average* increase per ICP
Ashburton Ashburton $ 3,600,000 $ 7,900,000 119% $ 226.28
Northpower Whangarei and Kaipara districts $ 12,800,000 $ 19,400,000 52% $ 116.30
Top Energy Kaitaia, Kerikeri and Kaikohe $ 3,800,000 $ 6,000,000 58% $ 70.04
Vector Auckland and Northshore $ 178,800,000 $ 238,100,000 33% $ 176.68
Horizon Whakatane and Eastern Bay of Plenty $ 3,200,000 $ 7,000,000 119% $ 155.04
Westpower Greymouth $ 1,600,000 $ 3,700,000 131% $ 157.40
* This is an average and the larger the power use the higher the charge will be.

Content Sourced from scoop.co.nz
Original url