Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Credit to Mercury Energy

Media release 2 July 2001

Credit to Mercury Energy

Mercury Energy's plan to credit customers who save power is commendable and should be copied by other power companies, says Business NZ.

Business NZ Chief Executive Simon Carlaw says small businesses would be hard hit if retail prices were not kept under control or if shortages led to 'brown outs'.

"Early action by power companies, helping domestic and small business customers to save power now before a crisis situation develops is responsible.

"The current situation is not simply about lake levels - it is more complex, involving price signals not working optimally, and problems with distribution and ownership. But it is a situation that can be helped by restraint in power use."

Mr Carlaw said he would like to see the incentive scheme extended to larger businesses and beyond the winter period, and he hoped other retailers would follow Mercury's lead.


Contact Simon Carlaw 04 4966555 (work)


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Trees: Surge Funding For Kauri Dieback And Myrtle Rust Research

“The $13.75 million investment announced today will mean that scientists can begin critically important research into kauri dieback and myrtle rust. It is vital that we get this work underway now to ensure that we combat these two pathogens and protect these taonga species." More>>

ALSO:

In Time For The Cup: Spark Sets 5G Date, Without Any Spectrum

Spark chief executive Simon Moutter has a big hairy audacious goal, to get the company's 5G mobile network up and running by July 2020 ... More>>

ALSO:

Mesh Mess: Commerce Commission To Appeal Steel & Tube Sentence

The Commission has today filed an appeal against the sentence imposed on Steel and Tube Holdings Limited (Steel & Tube) for false and misleading representations about steel mesh products. More>>

"Bipartisan Inaction": Rapid Rent Increases

The median nationwide rent has gone up $20 a week over the past two month, a rapid increase that is part of an upward trend overseen by both Labour and National Governments... More>>

ALSO: