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20 Jun 2024 17:14
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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
     20 Jun: A need to start thinking ahead now New Zealand's out of a technical recession
     20 Jun: Thousands of homes and businesses in Northland are without power following this morning's heavy rain
     20 Jun: Banks are split over what today's GDP figures will show
     20 Jun: Nuclear won't make power bills cheaper, energy analyst says, as Coalition claims scrutinised
     20 Jun: A 26-year-old woman's due in court after a reported assault a business on Wellington's Courtenay Place early this morning
     19 Jun: Australia announces new initiatives to help improve PNG's internal security, law and justice as part of major bilateral security agreement
     19 Jun: A tough day for Christchurch sailing fans, who've watched Sail GP in Lyttelton for the past two years
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    BUSINESS BUSINESS
    A need to start thinking ahead now New Zealand's out of a technical recession More...



     Today's News

    Law and Order:
    The sudden death of a West Auckland baby on Tuesday has been called a tragedy 16:57

    Entertainment:
    Chris Hemsworth thinks his career could be "killing" him after getting into acting to help his parents 16:46

    Technology:
    Optus cyber attack could have been prevented four years prior, says telecoms watchdog 16:27

    Cricket:
    To St Lucia's Darren Sammy National Cricket Stadium.. 16:17

    Entertainment:
    Don Omar has cancer 16:16

    Entertainment:
    Celine Dion tearfully thanked her family and fans in her first red carpet appearance since her Stiff Person Syndrome diagnosis 15:46

    Motoring:
    Northland Police are asking motorists to be patient on the roads, and to be careful on intersections 15:27

    Entertainment:
    Sir Ian McKellen is expected to "make a speedy and full recovery" 15:16

    Swimming:
    Kyle Chalmers to face stiff competition at Paris Olympics as David Popovici comes close to breaking world record 15:07

    International:
    The West watches anxiously as Vladimir Putin and Kim Jong Un sign new defence pact 15:07


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