News | Business
15 Nov 2018 2:41
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Discounts for prompt payment of power bills could be on the way out

    Discounts for prompt payment of power bills could be on the way out

    Meridian Energy has announced it's getting rid of the discounts, and replacing them with a straight monthly discount for all customers.

    It comes after the Government's power prices review highlighted the incentives were really a penalty for customers with money troubles.

    Meridian's CEO Neal Barclay says it had been looking at the discounts for 18 months, and the review was an incentive for the company to make it public.

    Barclay says it will cost the company five million dollars annually.

    © 2018 Newstalk ZB, NZCity

     Other Business News
     14 Nov: Wellington's mayor has paid tribute to business and sports leader Sir John Anderson
     14 Nov: A criminal lawyer says court staff can't be blamed for the struggle their escalating strike action is bringing
     14 Nov: Business is booming in Kaikoura, on the second anniversary of the devastating earthquake
     14 Nov: There's support for court staff from within the justice system as strike action escalates
     14 Nov: The latest round of mortgage rate wars has intensified with some rates dropping to historic lows
     14 Nov: A physical and financial cost to Kaikoura's earthquakes
     13 Nov: The Ministry of Justice says it's doing its best to minimise the impact of strike action
     Top Stories

    The All Blacks and Black Ferns will share another double-header against Australia in 2019 More...

    Wellington's mayor has paid tribute to business and sports leader Sir John Anderson More...

     Today's News

    Fiji election disrupted as heavy rain forces more than a dozen polling places to close 23:27

    Health & Safety:
    American doctor whose response to NRA's 'stay in their lane' tweet went viral says gun lobby started fight 22:47

    Law and Order:
    A 27-year-old man has been arrested in Palmerston North following an Armed Offenders Squad operation in Kelvin Grove 21:57

    Chris Evans is among the Marvel Cinematic Universe (MCU) stars that have paid tribute to Stan Lee 21:34

    Accident and Emergency:
    One person has died after a car crashed off a bridge into a river north of Haast 21:17

    Lady Gaga volunteered at a wildfire shelter after being evacuated from her Malibu home 21:04

    Kim Kardashian West says Kanye West "smells like money" 20:34

    Mandy Moore celebrated her upcoming nuptials with a “tame” bachelorette party 20:04

    Sandra Bullock has donated $100,000 to help provide care for animals evacuated during the California wildfires 19:34

    Ariana Grande has described the last few months as “painful yet beautiful” 19:04

     News Search

    Power Search

    © 2018 New Zealand City Ltd