News | Business
21 Apr 2019 0:47
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
  • Crime.co.nz
  • 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.

    © 2019 Newstalk ZB, NZCity


     Other Business News
     20 Apr: Health, rather than death, is the focus of a new campaign by New Zealand's largest life insurer
     19 Apr: Greenpeace is demanding more responsibility from dairy farmers over the state of the environment
     19 Apr: Real estate giant Barfoot & Thompson has hiked some tenant change fees by more than 140 percent
     18 Apr: Data gaps mean we aren't getting the full picture on the state of our environment
     18 Apr: Kiwis are taking advantage of Easter and Anzac Day this year - and taking to the skies
     18 Apr: Major projects must never lose sight of the Big Picture
     18 Apr: Claims the Government's putting businesses and property owners ahead of hard working New Zealanders
     Top Stories

    RUGBY RUGBY
    As he gets ready to nab a single for his century, James Parsons has taken time to think about his mentor More...


    BUSINESS BUSINESS
    Health, rather than death, is the focus of a new campaign by New Zealand's largest life insurer More...



     Today's News

    Living & Travel:
    One Lotto ticket is now worth $1 million after winning Division One in tonight's draw 21:57

    International:
    Large snake scales Detroit garage and slithers across roof as shocked crowd gathers 21:17

    Accident and Emergency:
    A woman swept of rocks at 90 Mile Beach has been rescued and has driven herself home 21:17

    Law and Order:
    Sri Lanka interviews dozens of aspiring hangmen after restoring death penalty 20:37

    Law and Order:
    Two men arrested over murder of journalist Lyra McKee in Northern Ireland 20:07

    Living & Travel:
    An Air New Zealand flight was forced to return to Christchuch last night, after a wheel in the main landing gear made contact with an object on departure 18:57

    Rugby:
    As he gets ready to nab a single for his century, James Parsons has taken time to think about his mentor 18:37

    Rugby League:
    Warriors assistant coach Stacey Jones is calling on his side's right edge to sharpen up 18:07

    Golf:
    Irishman Shane Lowry leads after nearly two rounds of the latest PGA Tour event in South Carolina 18:07

    Basketball:
    Kiwi Steven Adams and the Oklahoma City Thunder are on the board in their NBA western conference playoff series against the Portland Trailblazers 17:27


     News Search






    Power Search


    © 2019 New Zealand City Ltd