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17 Nov 2024 7:46
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  •   Home > News > Business

    We could be paying slightly higher levies on our power bills by this time next year

    We could be paying slightly higher levies on our power bills by this time next year

    15 November 2024
    The Electricity Authority is proposing to increase the average household levy by 12 cents, to two-dollars-six-cents per month, and the average business levy by 77-cents, to 12-dollars-14 per month.

    It says the electricity system is becoming increasingly complex with new connections and market entrants, more variable renewable generation, and more bi-directional power flows.

    The authority says its contractors are having to do far more, and are facing more complex tasks, and need more funding to do so.

    Feedback closes in four weeks, with a final decision due on Budget Day next year.

    © 2024 Newstalk ZB, NZCity


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     Today's News

    Rugby:
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    Law and Order:
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    Business:
    New research has found 59 percent of New Zealanders are at risk of not meeting mortgage repayments 7:07

    Entertainment:
    John Krasinski refuses to read the comments after 'The Office' chat rooms "scared the absolute hell" out of him 7:02

    Entertainment:
    Eva Longoria feels "privileged" to live in Spain and Mexico instead of the "dystopian" United States 6:32

    Entertainment:
    Craig Melvin will be the initial replacement for Hoda Kotb on 'The Today Show' 6:02

    Law and Order:
    Police are looking at taking enforcement action over Brian Tamaki's convoy across Auckland 4:36

    Politics:
    The Prime Minister says it's too simplistic to say the Treaty Principles Bill would resolve 184 years of debate 21:56


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