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

 


Families won’t be fooled by Nats twisting electricity stats

20 March 2014

Families won’t be fooled by National twisting the electricity stats

National’s attempt to mask rising power prices by handing control of the statistics over to the power companies won’t fool Kiwi families, Green Party Co-leader Dr Russel Norman said today.

The Government has announced that it will cancel the Ministry of Business, Innovation, and Employment’s Quarterly Survey of Domestic Electricity Prices (QSDEP). The QSDEP is a key source of data on electricity prices, which has revealed that the average family is paying $360 a year more for electricity under National. It will be replaced by data privately supplied by the electricity companies themselves, rather than independently gathered by MBIE from public sources.

New figures from the QSDEP released today show that household power prices rose 2.9% in the past year even as demand fell, and that 70% of the increase came from the electricity companies, not transmission and lines costs.

“National can try whatever tricks it likes to hide the rise in electricity prices. Families won’t be fooled when they open up their power bills,” said Dr Norman.

“National is effectively letting the electricity companies decide what the official statistics say about the price of power. This can only be seen as a further attempt by National to hide the unacceptable increase in electricity prices on its watch.

“The justification that the new figures will include discounts that the companies offer is spurious. The current data already includes online and prompt payment discounts. Including loyalty, retention, and acquisition payments, which only a small number of customers receive on a one-off basis, would give a false impression of the price that families actually pay for the power that they consume.

“The changes will prevent analysis of the price that each retailer charges for power. That looks like an attempt to hide the effect of privatisation because the former SOEs previously had lower power prices than the private companies.

“The latest figures show that Kiwi families continue to pay too much for electricity even though demand is falling. Electricity prices rose 2.9% last year even as demand fell by 2%.

“Today’s figures show 70% of the rise in power prices last year came from the electricity companies, not transmission and lines costs. That makes a lie of John Key’s claim that rising power prices are necessary to pay for investment in transmission infrastructure.

“National should stop trying to twist the stats and face the reality: families are paying too much for power. The Greens’ NZ Power plan will bring prices down, saving families $300 a year each,” said Dr Norman.


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Gordon Campbell: On Bank Scandals (And Air Crashes)

Last month, the Australian Securities and Investment Commission (ASIC) filed proceedings against Westpac over activities that have some distinct echoes of the Libor scandal. More>>

Budget: Health Funding Must Keep Up With Need

NZNO: “The nursing team has been doing more with less for years. It’s getting to the point that we’re really worried about our colleagues, our patients, our jobs and the level of health care available for people in our country." More>>

ALSO:

Emissions Inventory: Time For The Government To Do The Right Thing

It’s time for the National Government to step up and do the right thing to reduce climate pollution as data shows New Zealand’s greenhouse gas emissions are higher than ever, the Green Party said today. More>>

ALSO:

Budget 2016: More Partnership Schools To Open

Seven new schools will join the eight Partnership Schools already open, along with further new schools opening in 2017. “The growth of this policy is a reflection of the high level of interest from educators and community leaders,” Mr Seymour says. More>>

ALSO:

No Correspondence With English: Did Brownlee Make Up Sale Of Navy Ships ‘On The Hoof?’

Having revealed that several Royal New Zealand Navy vessels have not left port in years, New Zealand First is now asking the Minister of Defence to prove he did not come up with the idea of selling HMNZS Taupo and Pukaki until the media asked him. More>>

Housing Plans: Labour- Abolish Auckland Urban Boundary
The Government should rule out any possibility of an urban growth boundary in Auckland Council’s Unitary Plan if it is serious about fixing the housing crisis. More>>
Greens - State House Solution
The Homes Not Cars policy allows Housing New Zealand to retain its dividend and, in addition, would refund its tax, to spend on the emergency building of around 450 new state houses. More>>

ALSO:

Houses And Taxes: Post-Cabinet, Pre-Budget Press Conference

The Prime Minister said that the pre-budget announcements showed that his Government is “investing in a growing economy”. He re-affirmed the National Government’s commitment to lowering personal tax rates but that any such change must fit with the fiscal reality of the time. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news