Parliament

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

 

Greens to reduce power bills

18 April 2013

Greens to reduce power bills

The Green Party has a plan to reduce the power bills that Kiwi households and businesses pay while encouraging energy efficiency, Green Party Co-leader Dr Russel Norman said today.

The Green Party today released a discussion document entitled Empowering New Zealand, outlining policy proposals for electricity sector reform. The centrepiece is a new Pharmac-style agency named NZ Power. This agency will pool electricity customers’ demand together to drive down the high prices charged by electricity generators. NZ Power will pass these savings on to customers through Progressive Pricing for households and lower prices to businesses.

“The Greens will put affordable electricity for Kiwi families and businesses ahead of profits for electricity company shareholders. Our plan will save each family $300 a year,” said Dr Norman.

“New Zealanders are paying too much for electricity while electricity company shareholders make large profits. The Greens will change that.

“National’s reforms in the 1990s created an electricity system where all the major players benefit from higher prices and no-one stands up for families and businesses that have to pay the cost.

“The price of electricity has risen 70% above inflation in the past two decades in New Zealand, while it has fallen in the rest of the developed world.

“Power prices have risen by $100 per family in the past year, and $300 per family under National.

“NZ Power will give power back to the people. Its purpose will be to drive hard bargains for cheaper electricity and pass the savings on to consumers, just as Pharmac does in the health sector.

“Under our Progressive Pricing policy, every household will get a block of low-cost electricity each month from the savings that NZ Power achieves. That will save each family $300 a year, while encouraging efficient use of power at the margins.

“NZ Power will be explicitly mandated to prioritise renewables, energy efficiency, and resilience of our electricity system. For the first time, we will have a major player in the system that is committed to energy efficiency.

“We welcome the fact that Labour’s search for a solution to unfair and unaffordable power prices has come to the same conclusion as the Greens have. A single buyer that works for the consumer, not to make profits, is the way forward.

“For too long, the electricity system has been used to leech profits from Kiwi families and businesses. The Greens’ plan will mean lower power bills, helping Kiwi families to warm their homes. It will also reduce power costs to businesses, which will help them hire more workers,” said Dr Norman.

For more information:
https://www.greens.org.nz/factsheets/empowering-new-zealand-supporting-documents

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Back Again: Government Approves TPP11 Mandate

The Government has approved a negotiating mandate for Trans-Pacific Partnership 11 (TPP11), which will ensure New Zealand businesses remain competitive in overseas markets.

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

.

 
 

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>

ALSO:

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>

ALSO:

Susan Devoy: Call For Inquiry Into State Abuse Reaches UN

Race Relations Commissioner Dame Susan Devoy is in Geneva and has asked a United Nations committee to urge the New Zealand government to initiate an inquiry into the physical and sexual abuse of children and disabled people held in state institutions. More>>

ALSO:

(Not National): Cross-Party Agreement On Pike River Re-Entry

The commitment was signed this afternoon by the leaders of Labour, United Future, The Maori Party, and the Green Party and, together with the earlier commitment by New Zealand First, means that there is now a Parliamentary majority behind the families’ fight for truth and justice. More>>

ALSO:

Earlier:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election