Mighty River Power Operational Update: 30 Sept 2014

Press Release – Mighty River Power

Mighty River Powers operating statistics for the quarter to 30 September 2014 demonstrate a lift in total generation by 10% (170GWh) on the prior comparable period (pcp). Hydro generation was up 66GWh to 929GWh but below average due to a continuation … Read more »

Power price rises more than double the inflation rate

Press Release – Green Party

Power prices have risen at more than double the inflation rate since National took office, showing Nationals hands-off approach to the electricity market is a failure, the Green Party said today. Read more »

Vector warns on $80M hit from falling electricity use: CEO

Article – BusinessDesk

Oct. 22 (BusinessDesk) – Vector, the Auckland lines company, says falling electricity consumption will cost it up to $80 million because of the way it’s regulated, according to chief executive Simon Mackenzie. Read more »

Power companies face ban on ‘saving’ departing customers

Article – BusinessDesk

Oct. 21 (BusinessDesk) – Power companies face a ban on so-called “save” calls, where they ring a customer departing for a rival and try to entice them back with a better offer, to the dismay of large electricity retailers. Read more »

NZ’s biggest commercial solar energy installation

Press Release – Udy Group

New Zealands biggest ever commercial solar energy installation on the Tarewa Mega Centre in Whangarei has been switched on. Read more »

Campaign to help homeowners understand electrical rules

Press Release – Ministry of Business Innovation and Employment

A new consumer campaign by the Electrical Workers Registration Board (EWRB) has begun today, to raise awareness of the rules when getting electrical work done around the home. Read more »

Vector Network News

Press Release – Vector Limited

A bus struck a transformer in Glen Eden during the week, causing a power outage to the area. Our control room stayed in close contact with emergency services, restoring power to the area as soon as it was safe to do so. Read more »

Northpower receives national excellence accolades

Press Release – Northpower

Two of Northpowers Cable Jointers claimed top spots in the annual Connexis Cable Jointers competition at Thursday nights Excellence Awards Dinner held in Christchurch. Read more »

Contact announces new Hawea community fund

Press Release – Contact Energy

Contact and LMS Events have teamed up for another three years to run the much-loved Contact Epic, NZs Ultimate Mountain Bike Challenge, and have added some extra love to the partnership by establishing a new joint fund to support the local Hawea … Read more »

Pulse Energy seeks up to $6 mln in convertible notes offer

Article – BusinessDesk

Oct. 16 (BusinessDesk) – Pulse Energy, the electricity retailer controlled by lines company Buller Electricity, is seeking up to $6 million through a convertible notes offer to sophisticated investors to ensure it has a big enough cash buffer as it … Read more »

Transfield Worley wins $20 mln annual contract from Genesis

Article – BusinessDesk

Oct. 15 (BusinessDesk) – Transfield Worley Power Services won a $20 million annual maintenance contract with Genesis Energy, New Zealand’s largest power retailer, which is trying to cut costs by 10 percent. Read more »

Take an electricity check-up during Money Week

Press Release – Electricity Authority

The Electricity Authority is urging Kiwis to take a couple of minutes during Money Week (which runs from 13-19 October) to check www.whatsmynumber.org.nz and make sure they are getting the best power deal. The latest data from the Whats My Number … Read more »

No decisions on Contact’s growing cash pile before Feb

Article – BusinessDesk

Oct. 14 (BusinessDesk) – Contact Energy shareholders will have to wait at least until the company’s half-year result, due to be published in February, before learning of the board’s approach to dealing with the growing cash pile the energy company … Read more »

NZ sheep farmers vote against reinstatement of wool levy

Article – BusinessDesk

Oct. 14 (BusinessDesk) – New Zealand sheep farmers have rejected reinstating a wool levy to fund industry good activities, according to preliminary results. Read more »

Vector Network News

Press Release – Vector Limited

On Monday and into early Tuesday morning, Vectors crews worked 24/7 to repair and reinstate the fire damaged cables at Transpowers Penrose substation, thereby restoring power to the 20,000 customers affected. Read more »

Blackout 2030: What will be different?

Press Release – University of Auckland

By 2030 consumers may have more control and ability to manage their power during a blackout but the downside is that householders are also going to have to be more knowledgeable about how electricity systems work. Read more »

Independent Experts to Lead Technical Investigation

Press Release – Auckland Energy Consumer Trust

AECT Welcomes Appointment of Independent Experts to Lead Vector-Transpower Technical Investigation Auckland, 10 October 2014 The Auckland Energy Consumer Trust (AECT), the majority owner of infrastructure group Vector Limited welcomes the appointment … Read more »

Restoring Power to Auckland

Press Release – Auckland Energy Consumer Trust

Auckland, 07 October 2014 The Auckland Energy Consumer Trust (AECT), the majority owner of infrastructure group Vector Limited is pleased that the power supply is now being restored following the recent Penrose substation outage. Trust Chairman, … Read more »

Bridges outlines questions to be answered on Auckland outage

Article – BusinessDesk

Oct. 7 (BusinessDesk) – Energy and Resources Minister Simon Bridges has formally requested the Electricity Authority conduct an inquiry into the Auckland power outage. Read more »

Electricity Authority begins s18 review into Auckland outage

Press Release – Electricity Authority

Minister of Energy and Resources Simon Bridges has requested, under section 18 of the Electricity Industry Act 2010, that the Electricity Authority begin a review into the Auckland power outage which started on Sunday 5 October. Read more »

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