Commerce Commission proposal would see $15 per month rise in average household electricity bills
Higher electricity prices are necessary to fund investment in the electricity network, says commissioner Vhari McWha.
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Higher electricity prices are necessary to fund investment in the electricity network, says commissioner Vhari McWha.
The Commerce Commission says it will let national grid operator Transpower and local lines companies increase power transmission charges, which will be an
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The Commerce Commission says it will let national grid operator Transpower and local lines companies increase power transmission charges, which will be an extra $15 a month for the average residential customer starting from April next year. But in a draft decision, the commission stopped short of allowing Transpower to increase charges by as much as it had wanted. The commission said increased investment was required to provide a reliable network with future needs in mind. Commissioner Vhari
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