News | Business
21 Jan 2019 18:17
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Days of Xmas
  • 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

    Calls for investigation as electricity prices reach an all-time high

    Calls for investigation as electricity prices reach an all-time high


    Four independent power companies have written to the Electricity Authority demanding urgent action.

    They say current spot prices are five times higher than they ordinarily are.

    Vocus Communications spokesperson Jonathan Eele says although factors such as lake levels and specific events have an effect - prices have never been like this.

    He says they want them to investigate on market disclosures and how prices can get this way.

    © 2019 Newstalk ZB, NZCity


     Other Business News
     21 Jan: Bus, train and ferry prices are on the rise ... again!
     21 Jan: Finance minister Grant Robertson will be presenting his 'Wellbeing Budget' concept at the World Economic Forum in Switzerland this week
     21 Jan: Opal Tower effect to hit Sydney's new apartments as negativity reigns in housing market
     21 Jan: Tauranga's being told to stop playing around, and fix the city's housing unaffordability
     20 Jan: Netflix is expected to bleed money for some time to come...it's projecting a loss of three billion US dollars this year
     20 Jan: China's looming great wall of debt may have 'major global implications'
     19 Jan: First scooters, now hire-by-the minute compact cars
     Top Stories

    RUGBY RUGBY
    The New England Patriots are through to their third successive Super Bowl More...


    BUSINESS BUSINESS
    Bus, train and ferry prices are on the rise ... again! More...



     Today's News

    Politics:
    With the cannabis referendum around the corner ... the Government is starting to prepare 18:07

    Basketball:
    The New Zealand Breakers need to overcome a quick turnaround if they're to get back to winning ways in the Australian Basketball League 17:27

    Education:
    Native American elder mocked by young Donald Trump supporters in MAGA hats? It's not that simple 17:27

    Rugby:
    The New England Patriots are through to their third successive Super Bowl 16:57

    Accident and Emergency:
    A person's in a critical condition after a serious crash on Great South Road in Ngaruawahia 16:17

    Law and Order:
    Not just dangerous... but blatant 15:57

    Law and Order:
    A woman charged over the brutal home invasion of a 92-year-old woman in Kawakawa on January 9 has been denied bail 15:37

    Netball:
    Silver Ferns coach Noeline Taurua concedes her side operates better with her captain at centre 14:57

    Rugby League:
    Shane Flanagan has resigned as Cronulla coach with the club promising to make an announcement on his permanent replacement in the next few weeks 14:47

    Business:
    Bus, train and ferry prices are on the rise ... again! 14:17


     News Search






    Power Search


    © 2019 New Zealand City Ltd