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

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news