Unison Announces Solid Result for 2013/14 Year

Press Release – Unison

Friday 25 July 2014 – Hawkes Bay consumer-owned lines company, Unison Networks, today announced a solid result for the 2013/14 financial year, declaring a $9.446 million dividend for its shareholders, the Hawkes Bay Power Consumers Trust. Read more »

Trustpower Limited First Quarter Operating Results

Press Release – TrustPower

Trustpowers operating statistics for the quarter ended 30 June 2014 together with prior period comparatives are provided at the end of this announcement. Read more »

Carbon tax axe will boost Australian renewables: Trustpower

Article – BusinessDesk

July 25 (BusinessDesk) – Electricity generator Trustpower believes the repeal of Australia’s carbon tax will be great for renewable energy, which is likely to be heavily favoured under the federal government’s Renewable Energy Targets scheme. Read more »

Stop Smart Meters

Press Release – Democrats for Social Credit

The Democrats for Social Credit Party (DSC) wholeheartedly endorses the Stop Smart Meters campaign for a moratorium on installations of smart meters until the technology is proven not be a risk to health, and until home owners are given a choice about … Read more »

Mighty River Power: Quarterly Operational Update

Press Release – Mighty River Power

Mighty River Powers average energy price for sales to customers in the quarter to 30 June 2014 was down 4% on the prior comparable period (pcp), reflecting the highly competitive retail electricity market. Read more »

Public safety discouraging train patronage

Press Release – Auckland Council

Train commuters are reconsidering travel on the southern rail line until Auckland Council and Auckland Transport take urgent steps to permanently secure train stations, according to Manurewa Local Board chairperson Angela Dalton. Read more »

Replacement trains on Onehunga Line

Press Release – Auckland Transport

Aucklands new electric trains are being temporarily replaced on the Onehunga Line. Auckland Transport says what appears to be an intermittent power fault occurred twice in 24 hours. Read more »

Orion CEO Remuneration

Press Release – Orion New Zealand Limited

Christchurch is a challenging and complex place to live and work as the city is rebuilt post-earthquake. From a business and community perspective, it is not ‘business as usual’ for anyone. Read more »

Electricity Authority seeks protection for small retailers

Article – BusinessDesk

July 22 (BusinessDesk) – Power companies face new restrictions on the widespread practice of “saving” and “winning back” customers who’ve decided to switch to another retailer for a more competitive offer, under new rules the Electricity … Read more »

Orion reports steady profit – capex and debt set to rise

Press Release – Orion New Zealand Limited

A sound financial performance by Christchurch-based electricity distribution company, Orion New Zealand Limited, is good news for the city and the rebuild. Orion today announced that it had made a $50m profit after tax in 2014, up $1m on the previous … Read more »

Regulator’s draft view trims returns for network monopolies

Article – BusinessDesk

Regulator’s draft view on monopoly networks would be $33M a year win for consumers Read more »

Draft decision on WACC for gas and electricity services

Press Release – Commerce Commission

Commission releases draft decision on the WACC used for regulation of electricity lines and gas pipeline services Read more »

More bad weather ahead today

Press Release – Vector Limited

More bad weather ahead today MetService is reporting that a front is forecast to move northeast to cross Auckland and Northland around the middle of the day today (Monday). A few heavy showers are expected with this front, possibly with small hail. … Read more »

Record number of applications received for capital funding

Press Release – Rotorua Energy Charitable Trust

The Rotorua Energy Charitable Trust has received a record number of funding applications following its major capital project funding announcement in March this year. Read more »

ASX-listed ERM Power not involved in Infratil’s Lumo sale

Article – BusinessDesk

July 17 (BusinessDesk) – ERM Power, the ASX-listed energy company, isn’t in the running to buy Infratil’s energy assets across the Tasman. Read more »

Free solar panels for every New Zealand school

Press Release – Solar Smart Energy

A new energy initiative launched today aims at providing free solar panel systems to every New Zealand school. The solar4schools program, (offered by a consortium of Nelson based businesses including NZ SolarFarms and Glenn Roberts Electrical) … Read more »

Bridges cannot argue with the CPI –electricity prices are up

Press Release – New Zealand Labour Party

Todays CPI gives the lie to Simon Bridges claim that power prices only rose by 2.3 % in the last year. Labours Energy spokesperson David Shearer says. Its official; the CPI index says power prices increased by 4.2% in the last quarter. … Read more »

No excuse for power price hikes

Press Release – New Zealand Labour Party

The latest electricity price hike, coming as it does during the coldest winter months, will once again hit hardest those least able to afford it the elderly and those on low incomes, Labours Energy spokesperson David Shearer says. Read more »

Latest power price data shows National has failed families

Press Release – Green Party

Latest data showing New Zealanders power bills have risen 2.3 percent in the last year show National has failed families and households, the Green Party said today. Read more »

New price monitoring shows competition strengthening

Press Release – New Zealand Government

New power price data released today shows the Governments 2010 electricity reforms are making a real difference for consumers, says Energy and Resources Minister Simon Bridges. Read more »

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