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


Electricity price claims exaggerated

Thursday, 14 June 2001 Media Statement

Electricity price claims exaggerated

Energy Minister Pete Hodgson says New Zealanders should be wary of over-reacting to exaggerated statements and reports about electricity prices.

"The truth is that current wholesale electricity market prices signify a modest chance of supply difficulties later this winter," Mr Hodgson said.

"To date no power retailer has put up prices for domestic consumers in response to the wholesale price rise. Any suggestions that household power bills may increase by hundreds of dollars a month are just wild and irresponsible speculation.

"I am concerned that some householders may overreact and put their health in jeopardy by going without heating on cold days for fear of astronomical power bills. There is no need for that.

"I am also concerned at some alarmist reporting of this issue. When asked at a Parliamentary select committee today to guarantee there would be no power cuts this winter I stated the obvious: that if it did not rain for three months, the lights would go out. I also pointed out that New Zealand had never got through three months of winter with no rain. I was then reported to be issuing a warning about power cuts.

"I am not warning anyone of power cuts. I am saying there is a modest chance of supply difficulties this winter."


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

NZEI: Primary Teachers And Principals Vote To Reject Offers

Primary teachers and principals have resoundingly rejected the Government’s latest collective agreement offers...

NZEI Te Riu Roa President Lynda Stuart said members had sent a clear message that the offers did not address concerns about the growing teacher shortage, time to teach and support for children with additional learning needs. More>>


No Confidence In GWRC: Bus Drivers Vote For Strike Next Month

The Wellington Tramways Union today voted overwhelmingly for bus drivers to strike because of the breakdown in negotiations with the Wellington bus operators. More>>


Unanimous: MP Pay Freeze Bill Passes

“The Remuneration Authority (Members of Parliament Remuneration) Amendment legislation, to freeze the pay of MPs for one year, has been passed unanimously by the House today." More>>

Gordon Campbell: On The Party Of No Ideas

The striking thing about the issues that have had political coverage over the past few months is the almost total lack of policy content to any of them. To date, Her Majesty’s Opposition have been entirely focussed on failings in Beehive management.. More>>


America's Cup: Environment Court Grants Consents

Auckland Mayor Phil Goff says, “I welcome today’s decision by the Environment Court to grant consent for the bases and associated infrastructure to host the 36th America’s Cup." More>>


Gordon Campbell: On Bridges’ ‘Meth Crooks’ Leadership Failure

Back in June, Bridges publicly accepted that Housing NZ had got it wrong, and that the National government had acted upon bad advice. Now, you’d think this admission would create a broad bi-partisan basis for compensation to those families who had been unfairly evicted... More>>


Medical: New Surgical Mesh Safeguards

The Government has introduced strict new safeguards on the use of surgical mesh that are expected to limit its use in urogynaecological surgery. More>>


Handley Handling: Fired Chief Technology Officer Releases Communications

In the interests of drawing a line on this issue, today I am releasing a detailed timeline of events and all of the emails and texts between myself and Clare Curran, and myself and the Prime Minister about the role and my move back to New Zealand. More>>





InfoPages News Channels