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


Confirmed Terms of Reference for Electricity Price Review

Confirmed Terms of Reference for Electricity Price Review

The Electricity Networks Association (ENA) welcomed the confirmed terms of reference for the Government’s electricity pricing review released yesterday.

Chief executive Graeme Peters said the opportunities for public engagement both in relation to the issues identified by the expert advisory group and then again when the advisory group proposes options to address those issues will allow New Zealanders to have meaningful input into the review.

“It’s important that the public has confidence in the process and issues identified by the review.

“We hope that the process will be as transparent as possible and get to the real facts related to electricity pricing.”

Mr Peters also said it was useful for the terms of reference to acknowledge that in terms of electricity affordability, that this depends on many factors other than electricity prices – including housing quality and income levels.

“The Government has already partially addressed the issue of affordability with its winter fuel payment to superannuitants and beneficiaries.

“The review may highlight how issues of affordability could be best addressed for other low-income groups.”

The reconsideration of the current low fixed charge regulations in the scope of the review was also welcome, Mr Peters said.

“With over 60 percent of consumers currently qualifying for the low fixed charge, these regulations are evidently no longer-fit-for purpose.

“These regulations are unfairly resulting in larger – often low-income – households which don’t qualify subsidising the prices of wealthier smaller households which do.”

“These regulations need to be removed as a matter of urgency.”


The Electricity Networks Association represents the 27 electricity distribution businesses (or lines companies) which manage New Zealand’s 29 local lines networks.

© Scoop Media

Business Headlines | Sci-Tech Headlines


'Visionary' Leaders: Primary Sector Council Announced

A group of visionary agribusiness leaders is set to help our primary sector capture more value from its work, Minister of Agriculture and Rural Communities Damien O’Connor says ... More>>


Land Report: Issues With Soil Degradation

An environmental report released today has found we are damaging and losing our soils and our native plants and animals. More>>


Water Quality Report: Cause For Optimism

National River Water Quality Trends released by Land, Air, Water Aotearoa (LAWA) this week, reveal that for all river water quality parameters monitored over a 10 year period, more sites were improving than deteriorating. More>>


IMF Report On NZ: Positive Economic Outlook

Minister of Finance Grant Robertson has welcomed the IMF’s Concluding Statement, released following its annual visit, which provides an independent assessment of the strength of the New Zealand economy. More>>


Retail Power Price: Review Panel Named

The Energy and Resources Minister Megan Woods has released the details of who will sit on an expert advisory panel which is tasked with leading a review into the price of electricity in New Zealand. More>>


Increasingly Disruptive Threats: Govt Cyber Security Refresh

Broadcasting, Communications and Digital Media Minister Clare Curran today announced a comprehensive refresh of New Zealand’s approach to cyber security. More>>


Regional Growth: Action Plan To Modernise Taranaki’s Economy

The Provincial Growth Fund (PGF) will invest up to $20 million to help future-proof the Taranaki region by diversifying its economy, creating additional jobs and leveraging off the strong base the region has established through its oil, gas and agricultural ... More>>