Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Electricity review will be a compromise

Bill English
Opposition Finance Spokesperson
Monday 12 June 2000

The Government's Electricity Review has produced a muddled, half-way house that will satisfy neither consumers nor the industry, National Finance spokesperson Bill English said this evening.

"A face-saving 'third way' of self-regulation with a light threat of price control if line companies do not co-operate is recommended in the report to be released tomorrow.

"The Government has a pattern of raising consumer expectations and creating uncertainty for business - especially when it comes to decision time when they dither. The recommendations that Pete Hodgson now has before him provide the Government with a temptation to repeat the same old pattern.

"Labour last year voted against National's price control legislation. But the review panel has heard many submissions calling for price control and the politically savvy David Caygill, chairing the review, will opt for a compromise.

"The Caygill committee has recommended that the industry regulate itself through a new governing body that will have no statutory powers. Instead, the State-owned lines monopoly Transpower will act as a benchmark for the industry and all monopoly networks will be revalued in a one-off exercise.

"If it follows the recommendation of no direct regulation, the Government will have no specific measures to deliver the lower prices that it promised consumers.

"The electricity industry is notorious for disagreement between generators, Transpower, retailers and local lines companies. In that environment, consumers will wait a long time to see any benefits from the review's recommendations.

"I also believe David Caygill will recommend the establishment of an Electricity Ombudsman, more standards and disclosure requirements.

These measures will neither give the consumer nor the industry the confidence they need. They seem designed merely to give Labour the ammunition to say it has moderated National's reforms," Mr English said.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods (is the dollar up or down?) the outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country... More>>




Submissions Summary: The People's Commission On Public Media

This Summary is a preliminary report from the People’s Commission. It brings together views and aspirations of the hundreds of people who made submissions, attended public meetings, filled out the online survey and made speeches to our Panel. More>>

Housing Plans: Protest Over Ihumatao Development

Ihumatao in Mangere, next to the airport in Auckland, holds the archaeological remains of 1000 years of food production; from when Maori first landed in the area, through to early European settler agriculture and right up until today. More>>


Negotiations: What Does Winston Peters Want His Legacy To Be?

A lot of people in New Zealand seem to resent Winston Peters and the power that he appears to have. “Appears” being the operative word.. More>>


Contains Highly Colloquial Language: Your F**king Guide To Government Formation

The following message is in no way endorsed by the Electoral Commission. They are f**king done with this election. More>>

NZ Emissions Up 50% 1990-2013: Report Confirms CLimate Change Impacting NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate. More>>


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>


Rorschach Restructuring: Inland Revenue Steps Back From Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>





Featured InfoPages

Opening the Election