Electricity prices to be investigated 

Published: 8:23AM Sunday May 11, 2008

Source: Newstalk ZB

Plans to look into pricing structures in the power industry are being welcomed.

The Electricity Commission is looking into pricing structures, as power retailers prepare to push up their prices again ahead of winter.

There are claims companies are using high spot prices as an excuse to raise the price of electricity.

Consumer New Zealand boss Sue Chetwin says the organisation has been saying for some time it doesn't think the retail market works very competitively.

She says that over the past few years, prices have either flat-lined or gone down for commercial users, but they have skyrocketed for ordinary consumers.

Chetwin feels an investigation into how the market operates is timely - in the current financial climate, she feels many families are struggling to even put food on the table so as we go into winter, and that any investigation that could ease the pressure of power prices would lighten that load.


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Provocative, unflinching, Thursday 9:30pm
Back Benches - giving politics back to the people
The way New Zealand wakes up weekdays, 6:30am
No one gets you closer, weeknights 7pm
Looking out for the little guy, Wednesday 7:30pm
Meet the people that bring you the news
TV ONE weekdays, 6am
The home of NZ politics - Sunday, 9am TV ONE
Where there's a story, we'll find it, Sunday 7:30pm
Te Karere, Maori News - 4pm weekdays, TV ONE
News on digital channel TVNZ 7

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