News | Business
21 Oct 2018 6:14
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

    Electricity companies are refuting claims of collusion

    Electricity companies are refuting claims of collusion


    Entrust is calling on the Commerce Commission to investigate arrangements by some of our biggest electricity providers to supply Tiwai Aluminium Smelter with artificially cheaper electricity.

    Contact Energy's chief executive officer Dennis Barnes says he strongly refutes allegations of collusion or restrictive trade practises.

    A Meridian spokesperson says Tiwai Aluminium Smelter is New Zealand's largest electricity consumer - and because of the smelter's scale and consistent demand, the owners can negotiate a sharp price.

    And a Mercury spokesperson says any customer understands a bulk purchase, direct from a manufacturer's warehouse, could achieve a different price from something hand-delivered to your door.

    © 2018 Newstalk ZB, NZCity


     Other Business News
     19 Oct: Genesis Energy is buying wholesale coal and gas to supplement fuel supplies
     19 Oct: Votes from midwives are expected to start flooding in on whether they'll accept DHBs' latest pay offer
     18 Oct: Otere Black admits he's had no contact with the All Blacks management or selectors following his return from a serious knee injury
     18 Oct: New Zealand's international competitiveness has slipped
     18 Oct: A Property Management spokesman says there's a lack of a clear government plan to regulate property management
     18 Oct: A new company aimed at getting Maori products to Chinese consumers is getting ready to kick off
     17 Oct: An Auckland car dealership and its owner have been fined a combined 12-thousand dollars for breaching the Fair Trading Act
     Top Stories

    RUGBY RUGBY
    Getting to tonight's rugby league game could be tricky for fans coming from west Auckland More...


    BUSINESS BUSINESS
    Genesis Energy is buying wholesale coal and gas to supplement fuel supplies More...



     Today's News

    International:
    China's massive bridge linking Hong Kong, Macau and Zhuhai set to open 4:36

    Accident and Emergency:
    The Police National Dive squad will be in Queenstown tomorrow, to recover what is thought to be the body of a man last seen on Friday 22:47

    Entertainment:
    Bella Thorne feels “mad” at herself for not doing anything to stop her alleged abuser 21:59

    Entertainment:
    Avril Lavigne was “in bed for f***ing two years” whilst fighting Lyme disease 21:29

    Living & Travel:
    A single Lotto ticket is now worth $1 million - winning Division One in tonight's draw 21:17

    Entertainment:
    Kristen Bell has slammed critics who hit out at her for warning her daughters against some of the themes in ‘Snow White and the Seven Dwarves’ 20:59

    Entertainment:
    Kendall Jenner has slammed TMZ for “putting her life in danger” after it was reported her alleged stalker was arrested at her home 20:29

    Entertainment:
    Lena Dunham has closed her Lenny Letter website 19:59

    Entertainment:
    Ellen Pompeo is determined to make sure her son knows it’s okay to “show emotions” 19:29

    Entertainment:
    Kim Kardashian West learned the value of “privacy” through her marriage to Kanye West 18:59


     News Search






    Power Search


    © 2018 New Zealand City Ltd