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

 


Meridian freezes Christchurch power prices for another six m

Meridian freezes Christchurch power prices for another six months

Meridian Energy today announced it would freeze power prices for at least another six months for its 107,000 electricity customers in Christchurch.

Meridian’s residential customers have not had a price increase for almost two years.

Meridian’s Chief Executive Tim Lusk, who is visiting the quake-hit city today, says the company recognises the huge impact the earthquake has had on Christchurch. “The city is a key centre for Meridian both in terms of customers and our 300 Christchurch-based staff. Our thoughts are with everyone here.

“We recognise what a huge challenge this is for Christchurch and for us as a part of this community. So we won’t be raising prices here – our focus is on getting through this next period together,” says Mr Lusk.

Meridian has also extended the due date on all current bills by one month so that customers in Christchurch affected by the earthquake don’t have to worry about paying their electricity bill right now.

Last week, Meridian also made a donation of $500,000 to the New Zealand Red Cross to support the relief effort.

Meridian’s Manchester Street office, which includes its Customer Contact Centre, was severely damaged in the quake and is uninhabitable. The company has already signed a lease for a new building on Moorehouse Avenue for the medium term and is looking into options to rebuild new premises in Christchurch.

“Christchurch is Meridian’s home city and we’re staying here,” says Mr Lusk.

Meridian is urging people worried about paying their bill, who went without power or whose house is uninhabitable to phone 0800 496 496. Regular updates are also being posted to www.meridianenergy.co.nz

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Maritime: Navigation Safety Review Raises Big Issues For The Govt

Shipping Federation: "The reports makes it clear that the ratification of the Maritime Labour convention (MLC) is long overdue. Only when the MLC is ratified will Maritime NZ be able to inspect and enforce the labour conditions on international ships visiting our ports." More>>

ALSO:

100 Years After Einstein Prediction: Gravitational Waves Found

For the first time, scientists have observed ripples in the fabric of spacetime called gravitational waves, arriving at the earth from a cataclysmic event in the distant universe. This confirms a major prediction of Albert Einstein’s 1915 general theory of relativity and opens an unprecedented new window onto the cosmos. More>>

ALSO:

Farming: Alliance Plans To Start Docking Farmer Payments

Alliance Group, New Zealand's second-largest meat cooperative, plans to start withholding some stock payments to its farmers from next week to bolster its balance sheet and force suppliers to meet their share requirements. More>>

ALSO:

Gambling: SkyCity First Half Profit Rises 30%, Helped By High Rollers

SkyCity anticipates the Auckland business will benefit from government gaming concessions which were triggered on Nov. 11 in recognition of SkyCity’s $470 million Convention Centre development. Morrison said the concessions would allow the Auckland business to lift its activity during peak period, noting it had a record revenue week over the Christmas and New Year period. More>>

ALSO:

Money For Light: Kiwi Scientists Secure Preferential Access To Synchrotron

Science and Innovation Minister Steven Joyce today announced a three-year investment of $2.8 million in the Australian Synchrotron, the largest piece of scientific infrastructure in the Southern Hemisphere, to secure preferential access for Kiwi scientists. More>>

Telco Industry Report: Investment Hits $1.7 Bln A Year

Investment in the telecommunications sector is $1.7 billion a year, proportionately one of the highest levels in the OECD, according to a report released today on the status of the New Zealand sector. More>>

ALSO:

PGPs: New Programme Sets Sights On Strong Wool

A new collaboration between The New Zealand Merino Company (NZM) and the Ministry for Primary Industries (MPI), announced today, aims to deliver premiums for New Zealand's strong wool sector... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news