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17 Jul 2025 18:40
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  •   Home > News > Business

    Electricity companies could face further rules, if the latest measures to drive down prices don't work

    Electricity companies could face further rules, if the latest measures to drive down prices don't work

    17 July 2025
    The Electricity Authority's moving to require power companies to charge less for power during off-peak periods, and pay more for solar and battery power during peak periods.

    But it hasn't stated how much lower, off-peak prices actually need to be.

    Commerce Commission Chair John Small -- a member of the authority's Energy Competition Task Force -- says they're hoping competition will drive down off-peak prices.

    He says they want to see how things go, but the regulator will need to consider further action if things don't go as planned.

    © 2025 Newstalk ZB, NZCity


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     Today's News

    Business:
    Households are still finding it tough to pay for the basics - with high prices not easing yet 18:37

    Entertainment:
    Anna Camp is frustrated after being snubbed for the 2025 Primetime Emmy Awards 18:10

    Law and Order:
    The manager of a daycare attended by Malachi Subecz says there were no clear signs of child abuse 18:07

    Entertainment:
    Dax Shepard has posted a nude picture of his wife Kristen Bell performing a yoga pose to celebrate her first-ever Emmy nomination 17:40

    Rugby:
    If any current All Blacks have had approaches from the Saudi-backed R360 league, then coach Scott Robertson hasn't heard about it 17:27

    Law and Order:
    Three rifles, a shotgun, a semi-automatic rifle and cannabis have been found at a Kaitaia address 17:27

    Entertainment:
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    Politics:
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    Entertainment:
    Spencer Pratt feels he's been "misrepresented for most of [his] life" 16:40

    Business:
    Higher demand for food around the world, is lifting ood prices 16:17


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