Delay in decision on transmission price increases welcomed

Press Release – Counties Power

Counties Power is pleased that the Electricity Authoritys current transmission pricing review has been delayed, a proposal which saw local consumers paying $3m more per annum in transmission charges, but also cautions that fundamental issues … Read more »

Electricity Authority dumps transmission pricing modelling

Article – BusinessDesk

April 26 (BusinessDesk) – The Electricity Authority is ditching the cost-benefit analysis at the heart of its controversial attempt to find a new way to divide up costs for the national grid after finding an expanding range of serious computational … Read more »

Entrust calls on EA to review all TPM methodology

Press Release – Entrust

The Electricity Authority should completely review its transmission pricing methodology instead of only focusing on reviewing its flawed cost benefit analysis, says Entrust Chairman, William Cairns. Read more »

Entec presents Gas Detection solutions

Press Release – Entec

Entec presented at the Taupo Business Safety Forum last month after receiving an invitation to feature their products at the event. Entec specialises in mechanical, instrumentation, electrical and gas detection solutions for New Zealands industry. Read more »

NZ First Saves Kiwis at Least $78.4m

Press Release – New Zealand First Party

New Zealand First says the political pressure it has applied, has forced the Electricity Authority to defer at least $78.4m worth of new charges faced by consumers and businesses. Read more »

EA to prepare cost-benefit analysis as part of TPM review

Press Release – Electricity Authority

The Electricity Authority has decided to prepare a new cost-benefit analysis as part of its review of Transmission Pricing Methodology (TPM) guidelines, which will push the timetable for a final decision into 2018. Read more »

Christchurch Reclaims Largest EV Gathering Record

Press Release – Christchurch EV Group

For the last 7 months, Auckland has had the bragging rights as the EV capital of New Zealand, by holding the record for the largest gathering of electric vehicles, of 59 registered cars. However this was broken on Easter Saturday by Whangarei, with … Read more »

Greens’ electricity policy improved

Press Release – Business New Zealand

BusinessNZ Chief Executive Kirk Hope says it is a big turnaround from the partys policy at the last election, which would have introduced state control of electricity pricing and driven private investment out of the electricity sector. Read more »

Power Prices up 2.2%; Collins in Denial

Press Release – New Zealand First Party

New Zealand First says Energy and Resources Minister Judith Collins spin on home power bills has been exposed by an inflation-busting 2.2% spike in electricity bills over the past year. Read more »

Mercury nudges up earnings guidance

Article – BusinessDesk

April 20 (BusinessDesk) – Mercury Energy, the electricity generator-retailer formerly known as MightyRiverPower, increased annual earnings guidance 2 percent as unseasonably strong inflows in the Waikato catchment lifted the power company’s hydro generation. Read more »

Greens launch plan for cheaper and cleaner electricity

Press Release – Green Party

The Green Party has today launched a plan for cheaper power bills, cleaner electricity generation, and a smarter electricity network. Read more »

Update #33 – Boil water notice lifted

Press Release – Whakatane District Council

Multiple areas of the District were under a boil water notice due to the risk of contamination. This notice has now been lifted for all those on a Council supply. Read more »

FY2017 EBITDAF guidance raised to $510 million

Press Release – Mercury

20 April 2017 Mercury announced today that it has raised its FY2017 EBITDAF guidance by $10 million to $510 million. This is due to a forecast 250 GWh increase in full year hydro generation to 4,500 GWh resulting from unseasonably strong inflows … Read more »

MARKET CLOSE: NZ stocks inch higher

Article – BusinessDesk

April 18 (BusinessDesk) – New Zealand stocks edged higher as interest in high-yielding stocks including Trustpower and several property companies was offset by some portfolio reshuffling after the Oceania Healthcare initial public offering weighed on stocks … Read more »

Minister appoints two new Electricity Authority members

Article – BusinessDesk

Energy Minister Judith Collins has appointed two new members to the Electricity Authority, both with extensive knowledge of the Australian electricity system and one a pioneer of New Zealand’s wholesale electricity markets in the 1990s. Read more »

Spark Plugs in Wellington City

Press Release – Spark

Spark and Wellington City Council partnering to extend Spark Plugs electric vehicle charging in Spark phone boxes Read more »

Minister announces appointments to Electricity Authority

Press Release – New Zealand Government

Energy and Resources Minister Judith Collins has today announced the appointment of two new members to the Electricity Authority. Read more »

Power Outage in Tairawhiti Update: 6.30pm Monday

Press Release – Eastland Group

Power restored across most of the region; still working to repair faults affecting 30 customers. Read more »

Crews Face Technically Challenging Network Repairs

Press Release – Unison Networks

Crews Face Technically Challenging Network Repairs for Final Few Monday 17 April 2017, 5.05pm Unison crews have worked hard to get the remaining one percent who lost electricity following Cyclone Cook reconnected today and fix faults for customers … Read more »

Around 350 Customers without Power for Another 1 Or 2 Days

Press Release – Eastland Group

Since our last update, a number of customers have had supply restored. Approximately 600 homes across the Gisborne Tairawhiti region are still without power. However, we expect that 200 customers in the Te Puia/Waipiro Bay area, and 70 customers in … Read more »

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