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18 Oct 2024 17:35
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  •   Home > News > Business

    The Commerce Commission is being urged to weigh its options carefully, before allowing power bills to rise

    The Commerce Commission is being urged to weigh its options carefully, before allowing power bills to rise


    It's proposing to increase revenue limits for Transpower and 16 local lines companies, over the next five years to help cover rising maintenance costs of the national grid.

    Electric bills would increase by an average 15 dollars a month from next April -- and five-dollars a month over the following four years.

    Consumer Advocacy Council Chair Deborah Hart says all alternatives need to be considered.

    She says many people struggle to afford power and more than 100-thousand already can't afford to heat their home.

    © 2024 Newstalk ZB, NZCity

     Other Business News
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     18 Oct: A belief the impacts of benefit sanctions haven't filtered through to the community yet
     17 Oct: The news keeps getting better for mortgage holders
     17 Oct: A new book reveals much of Trump’s success is based on a myth he is a self-made billionaire
     17 Oct: New Zealanders are being given confidence the economy is heading in the right direction
     17 Oct: Falling import prices are set to follow through, to cheaper prices for almost everything else
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    BUSINESS BUSINESS
    The cost of fixing the pedestrian footbridge connecting Auckland's Wynyard Quarter to the Viaduct has blown out to more than 10-million-dollars More...



     Today's News

    Motoring:
    It's all eyes forward for Liam Lawson as his push for a Formula One seat in 2025 begins 17:27

    Golf:
    Kiwi golfer Lydia Ko's slipped behind the leaders midway through her second round at the latest LGPA Tour event in South Korea 17:07

    Health & Safety:
    Menopausal hormone therapy has made a 'comeback'. What is it and is it right for you? 17:07

    Entertainment:
    Ozzy Osbourne has been left "shocked" after his former guitarist, Jack E. Lee, was shot multiple times in a "random" attack in Las Vegas 17:03

    Business:
    The cost of fixing the pedestrian footbridge connecting Auckland's Wynyard Quarter to the Viaduct has blown out to more than 10-million-dollars 16:57

    Rugby League:
    The Flying Mullet is set to play through until the end of 2027 for the Warriors 16:47

    Entertainment:
    Geri Horner wants to pen a smutty novel 16:33

    Environment:
    Aquaculture could harm animal welfare or protect it, depending on what species the farms raise 16:07

    Law and Order:
    Police say babies in Indonesia are being sold for as little as $1,450 — this is why baby trafficking is 'difficult' to eradicate 16:07

    Entertainment:
    Dylan Sprouse was "only interested" in wife Barbara Palvin at the Victoria's Secret Fashion Show 16:03


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