Govt must rule out huge line charge increases for households

Press Release – Green Party

The Green Party is calling on the Government to rule out huge increases to electricity lines charges, in the wake of a suggestion from the Electricity Authority that some households could be facing $500 increases to their yearly electricity bills just … Read more »

Eastern Bay Energy Trust to make formal takeover for Horizon

Article – BusinessDesk

June 5 (BusinessDesk) – Horizon Energy Distribution’s biggest shareholder Eastern Bay Energy Trust will make a formal takeover bid at 6.3 percent premium, having sewn up a deal with the Bay of Plenty lines company’s second-biggest shareholder that … Read more »

Utilise puts business power prices under the spotlight

Press Release – Boyd PR

Electricity retailer, Utilise, launches today with a focus on providing Kiwi businesses around the country with customised electricity pricing. Read more »

$1m shared between local groups — and more to come!

Press Release – Z Energy

Local voting for Zs Good in the Hood programme is over and the results of how $1m will be divided between community groups across New Zealand will soon be announced. More than 500 community groups doing good in neighbourhoods across the country were … Read more »

Vector – Network summary for week ending 31 May 2015

Press Release – Vector Limited

Registrations of interest Vector is taking registrations of interest for the Tesla Powerwall. Just visit Vectors website and register via the home page or go directly to vector.co.nz/tesla . Network summary for week ending 31 May 2015 Electricity Emergency … Read more »

Powerco’s annual profit falls 20% as it pays more tax

Article – BusinessDesk

May 29 (BusinessDesk) – Powerco, the energy lines company, reported a 20 percent drop in annual profit as it paid more tax and didn’t realise gains on financial instruments. Read more »

Forum Congratulates Genesis Energy CEO for Safety Award

Press Release – Zero Harm

Congratulations to Albert Brantley, chief executive of Genesis Energy, who has been named the Business Leaders Health and Safety Forum Executive of the Year at the annual NZ Workplace Health and Safety Awards. Read more »

John Bongard flags November departure from Meridian board

Article – BusinessDesk

May 28 (BusinessDesk) – John Bongard will resign as a director of Meridian Energy, the government controlled energy generator and retailer, after four years on the board. Read more »

$367 m Contact pay-out shows cash comes before customers

Press Release – Green Party

Contact Energys decision to pay nearly 100% of its profit to its shareholders rather than drop retail electricity prices, invest in clean energy technology exports, or pay down debt, shows that it doesnt put its customers first, the Green Party … Read more »

Vector and Auckland City BMW – an electrifying partnership

Press Release – Vector Limited

Vector is delighted to support Auckland City BMWs sustainability vision with the latest in solar technology. Auckland City BMWs brand new iBrand showroom features Vector Solar on the roof, along with Vectors innovative HomeSense system, allowing … Read more »

Vector Network News

Press Release – Vector Limited

The free public EV charger at 101 Carlton Gore Road continues to be well received with some EVs having to wait for a charge time. Vector offers a free coffee to those wanting to get a charge for their EV (just check in with reception) and also … Read more »

UPDATE: Contact shares rocket up on capital return plans

Article – BusinessDesk

May 25 (BusinessDesk) – Contact Energy shares jumped more than 14 percent after the energy generator and retailer said it had ditched plans for now to invest in geothermal schemes offshore and will increase returns to shareholders, including a special dividend. Read more »

Contact cans offshore plans, gives special dividend

Article – BusinessDesk

May 25 (BusinessDesk) – Contact Energy has dropped any immediate plans to invest in offshore geothermal energy projects in favour of paying a 50 cents per share special dividend to shareholders, raising its target dividend payout to 100 percent of underlying … Read more »

Understand Your Electricity Options and Rights

Press Release – Electricity Authority

: 22 May 2015 Electricity Authority Urges Consumers to Understand Their Electricity Options and Rights As Australasian Fraud Week comes to an end, the Electricity Authority is reminding consumers to check their electricity options and rights to make sure … Read more »

Cable cut reminds us of the risk of isolation

Press Release – TUANZ

The news that the Southern Cross Cable suffered its second cut in three months is a timely reminder of our reliance on that network for international connectivity from New Zealand to the rest of the world. Telecommunications Users Association of … Read more »

$52m to replace wharf at Chatham Islands

Press Release – New Zealand Government

A critical lifeline for one of New Zealands most remote communities is to be completely rebuilt as a result of new funding in Budget 2015, Internal Affairs Minister Peter Dunne says. Read more »

Snowtown sale likely to fund more Aussie Trustpower projects

Article – BusinessDesk

May 19 (BusinessDesk) – Infratil expects its 68 percent-owned utility Trustpower to sell down its stake in the now completed Snowtown wind power project in South Australia to fund other emerging renewable energy opportunities in Australia, said … Read more »

Getting out of hot water with your energy bills

Press Release – EECA

The first winter energy bill can come as a shock but there are ways you can avoid running up big bills, according to EECA ENERGYWISE. Read more »

Meridian receives 98 percent of instalment receipts

Article – BusinessDesk

May 18 (BusinessDesk) – Meridian Energy, the state controlled energy generator and retailer, has received 98 percent of its instalment receipts with the first round of share transfers due this Thursday. Read more »

Trustpower annual earnings up 13%

Article – BusinessDesk

May 15 (BusinessDesk) – Trustpower, the Tauranga-based energy and telecommunications service provider, posted a 13 percent rise in its underlying full-year earnings, excluding revaluation of a major acquisition, to $122.9 million. Read more »

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