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10 Feb 2026 15:06
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  •   Home > News > Business

    The Energy Minister's now claiming the money gathered to pay for building a new LNG import facility - is neither a levy nor a tax on consumers

    The Energy Minister's now claiming the money gathered to pay for building a new LNG import facility - is neither a levy nor a tax on consumers


    The Government yesterday announced plans for the storage site, to maintain energy supply in dry years.

    Fact-sheets at the announcement outlined a levy will be introduced to cover the infrastructure cost.

    Minister Simon Watts was asked this morning whether that's really just a tax -- but says it's neither, as it's a net-benefit to households.

    The facility's expected to save households about 50-dollars per year.

    © 2026 Newstalk ZB, NZCity

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