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27 Jul 2024 14:51
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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
     27 Jul: New Zealanders are finding it harder to keep up with housing costs, compared to other countries
     26 Jul: A Warehouse Group employee has stolen almost 100-thousand dollars in vouchers from the company
     26 Jul: China, Indonesia and Thailand among Asian countries easing entry requirements for Australians
     26 Jul: The Public Service Association is accusing Auckland Council of a lack of transparency around potential changes to pool and leisure centre operations
     25 Jul: Meanwhile New Zealand will have to negotiate injury management across their three pool games at the Paris Olympics
     25 Jul: The Finance Minister's backing away from suggestions she's gearing up to sell KiwiBank
     25 Jul: Funding for rail upgrades in the lower North Island is being welcomed
     Top Stories

    RUGBY RUGBY
    Oh from one for New Zealand's medal hopes at the Paris Olympics... after the All Blacks Sevens crashed out in the quarter-finals More...


    BUSINESS BUSINESS
    New Zealanders are finding it harder to keep up with housing costs, compared to other countries More...



     Today's News

    Entertainment:
    Jack Osbourne takes "alternative" medication and therapies for his MS 14:44

    Entertainment:
    Brittany Mahomes is experiencing her "hardest pregnancy" yet 14:14

    Accident and Emergency:
    A person has died following a workplace incident at a farm near Morrinsville in Waikato 14:07

    Netball:
    No time for the Mainland Tactix to dwell on what could've been ahead of this afternoon's ANZ Premiership netball elimination final against the champions, the Northern Mystics 13:57

    Tennis:
    Kiwi tennis ace Erin Routliffe has noted a big gap between the friendly fields at the Paris Olympics tournament... and her day job on the WTA Tour 13:47

    Entertainment:
    Clint Eastwood's longtime partner Christina Sandera died of a heart attack 13:44

    Rugby League:
    Warriors coach Andrew Webster is becoming increasingly pleased with the playing depth at the club 13:27

    Tennis:
    Emerging tennis star Lulu Sun is rapt to be representing New Zealand on the world stage 13:17

    Entertainment:
    Neil Young is heading back on stage this autumn after cancelling his Crazy Horse tour dates due to band illness 13:14

    General:
    Who carried and who lit the flame during the 2024 Paris Olympics opening ceremony? 12:57


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