Deluge misses southern hydro lakes

Article – BusinessDesk

July 24 (BusinessDesk) – Last weekend may have been Oamaru’s wettest since daily rainfall records began in 1950, but the deluge that hit eastern coastal parts of the South Island over the weekend all but missed the southern hydro lakes, which … Read more »

Vector customers, new connections rise in year to June

Article – BusinessDesk

July 21 (BusinessDesk) – Vector, the Auckland-based electricity and gas distributor, lifted its electricity and gas distribution customers as well as its natural gas sales in the year ended June 30 and installed more smart meters. Read more »

Mercury Quarterly Operational Update, Ending 30 June 2017

Press Release – Mercury Energy

+1%: Underlying demand up for the quarter due to growth in urban, rural and dairy sectors Read more »

Slingshot powers higher in Auckland

Article – BusinessDesk

July 19 (BusinessDesk) – Slingshot, owned by ASX-listed telecommunications company Vocus Communications New Zealand, was the top growing power company in Auckland last month, despite not being officially launched and only selling power to existing broadband … Read more »

Judy Nicholl Announced New Counties Power Chief Executive

Press Release – Counties Power

Counties Power is pleased to announce the appointment of Judy Nicholl as its new Chief Executive. Ms Nicholl replaces Sheridan Broadbent, who left the business in June. Read more »

Electricity retailers seek ‘ring-fencing’ of competition

Article – BusinessDesk

July 18 (BusinessDesk) – Electricity retailers are urging regulators to ‘ring-fence’ solar, battery and other emerging technology businesses being pursued by monopoly electricity network owners to allow competition in new electricity services to flourish. Read more »

Green Infrastructure Fund to help NZ become carbon neutral

Press Release – Green Party

Green Infrastructure Fund to help NZ become carbon neutral by 2050 The Green Party today announced a plan to kick-start the green economy, create jobs in the clean technology and infrastructure sectors, and achieve carbon neutrality by 2050. The … Read more »

Shine for ShelterBox and brighten lives

Press Release – ShelterBox

Shine for ShelterBox and brighten lives darkened by disaster As the darker months begin, lights are going on all across New Zealand. Lighting is so much a part of our celebrations, bringing communities and families together. But in parts of the … Read more »

Vector to Follow Commerce Commission Repayment Terms

Press Release – Vector Limited

Vector to Follow Commerce Commission Repayment Terms Vector Limited confirms that it will be following the legal terms of the settlement with the Commerce Commission. Under the terms of that settlement the proceeds of the unintended breach of its regulated … Read more »

Trustpower sees annual earnings at top of guidance

Article – BusinessDesk

July 14 (BusinessDesk) – Trustpower shares rose after it said annual earnings are expected to be at the top of its forecast range due to a jump in electricity generation volumes and higher wholesale prices in the June quarter. Read more »

Vector – where are our customers’ refunds?

Press Release – Mercury Energy

Vector – where are our customers refunds? 14 July 2017 Mercury wants Vector to accelerate a repayment of nearly $14m to Auckland consumers following the electricity distribution companys admission of overcharging dating back to 2013. And Mercury … Read more »

Be Prepared: Winter Storms hit New Zealand

Press Release – Electricity Retailers’ Association of NZ

The MetService has issued severe weather warning for today as severe winds and rain bear down across the country. To stay up to date with weather information see here: Read more »

Deloitte Energy Excellence Awards

Press Release – Deloitte Energy Excellence Awards

Twenty energy focused organisations and individuals will be competing for top honours at the 2017 Deloitte Energy Excellence Awards. This annual event celebrates the talent and contribution of the energy sector including community initiatives, projects, … Read more »

Electric vehicle charging provider ChargeNet joins ERANZ

Press Release – Electricity Retailers’ Association of NZ

Electric vehicle charging infrastructure provider ChargeNet NZ has joined the Electricity Retailers Association of New Zealand (ERANZ) as an Associate Member. Read more »

Charging For Water Would Open A Can of Worms

Press Release – Federated Farmers

Charging For Water Would Open A Can of Worms Source: Federated Farmers — Federated Farmers is worried talk of charging for commercial water use will take the country down an irreversible path of taxing ourselves unnecessarily, increasing prices and … Read more »

Government running scared from water charging

Press Release – Green Party

Government running scared from water charging Prime Minister Bill English is running scared from plans to set a fair price for the commercial use of water, the Green Party said today. The Green Party launched its election campaign yesterday with a … Read more »

What challenges do EVs pose for electricity infrastructure?

Press Release – Drive Electric

How the growing number of electric vehicles will affect New Zealands electricity infrastructure is an issue Drive Electric has been investigating. Read more »

Final Days to Enter Palmerston North Community Awards

Press Release – TrustPower

Locals have just a few more days to ensure their favourite voluntary groups are part of Palmerston Norths biggest celebration of volunteers. Entries for the TrustPower Palmerston North Community Awards close at 5pm on Friday 21 July and there is more … Read more »

Vector to return $13.9M to Auckland consumers

Article – BusinessDesk

July 7 (BusinessDesk) – Vector will return $13.9 million to Auckland electricity customers after a change to the way it set two tariffs in 2013 saw it breach its regulated revenue cap in the following two years. Read more »

Vector to return $13.9m to Auckland electricity consumers

Press Release – Commerce Commission

Electricity lines company Vector will return $13.9 million to Auckland electricity consumers after it accepted it had breached its regulated price path by recovering more revenue than it was entitled to in the 2014 and 2015 financial years. Read more »

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