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

 


Power prices soar on the eve of winter

David SHEARER
Energy Spokesperson

18 April 2014
MEDIA STATEMENT

Power prices soar on the eve of winter

On the eve of winter as New Zealanders are turning on their heaters, power prices have soared sky high, Labour’s Energy spokesperson David Shearer says.

“Energy Minster Simon Bridges claimed in Parliament that prices were estimated to rise 2.4 per cent over the six months from February to August.

“Last month, many regions exceeded that in just one month.

“In parts of Waikato, Wellington, Tauranga and Christchurch some power company prices have jumped over 6 per cent in just a month. Other companies have hiked their prices up a staggering 10 per cent in a month.

“Prices are out of control and totally unreasonable for people facing high power bills with winter coming. It is simply not fair for Kiwis to face those sorts of bills.

“In Auckland prices have gone up around 1.5 per cent in one month. These projections will blow Simon Bridges estimates in just two months.

“The increases have been picked up on the PowerSwitch website. It tracks power prices and its latest update records the power bill hikes that many Kiwis experienced when they received last month’s bills.

“Just four weeks ago, John Key dismissed those increases in family power bills, saying it was Transpower charges – something Transpower quickly refuted. These latest increases dwarf anything Transpower could pass through.

“The electricity market is clearly broken. With electricity demand falling but prices soaring, prices should be going down, not up. The Key Government is defending a system which results in higher bills for families to maintain higher profits for newly privatised power companies.

“Genesis, the company that was sold off in the past week has been the worst culprit beating others on the magnitude of its price rises, across most regions.

“Labour’s NZ Power policy will reduce prices by hundreds of dollars a year and stem the ever increasing cycle of power price rises,” David Shearer says.

Results from the PowerSwitch website

Simon Bridges said power prices would increase 2.4% from 1 February to 1 August this year.

The latest PowerSwitch data shows significant price hikes taking place in most areas of New Zealand in just the last month that are in excess of 2.4%.

Prices are likely to rise far more than Bridges has claimed. Already rises up to 10% in one month have been recorded.

The statistics below are just for power price increases for the average consumer so some individuals will face even larger increases.

Major increases to annual bill from March to April this year by area:

Wellington

• Powershop is up from $2,155 to $2,280 - $125 or 5.8%
• Contact is up from $2,169 to $2,293 - $124 or 5.7%
• Meridian is up from $2,181 to $2,314 - $133 or 6.1%
• Genesis is up from $2,228 to $2,384 - $156 or 7%
• Mercury is up from $2,252 to $2,385 - $133 or 5.9%
• Nova is up from $2,253 to $2,386 - $133 or 5.9%

Christchurch

• Nova is up from $2,044 to $2,235 - $191 or 9.3%
• Contact is up from $2,060 to $2,148 - $88 or 4.3%
• Genesis is up from $2,204 to $2,356 - $152 or 6.9%
• Powershop is up from $2,206 to $2,409 - $203 or 9.2%

Waikato

• Contact is up from $2,102 to $2,213 - $111 or 5.3%
• Nova is up from $2,132 to $2,350 - $218 or 10.2%
• Meridian is up from $2,181 to $2,301 – $120 or 5.5%
• Genesis is up from $2,191 to $2,309 - $118 or 5.4%
• Mercury is up from $2,201 to $2,321 - $120 or 5.5%
• Powershop is up from $2,217 to $2,328 - $111 or 5%

Tauranga

• Powershop is up from $2,083 to $2,107 - $24 or 1.2%
• Mercury is up from $2,140 to $2,209 - $69 or 3.2%
• Genesis is up from $2,153 to $2,261 - $108 or 4.7%
• Nova is up from $2,172 to $2,285 - $114 or 5.2%
• Contact is up from $2,278 to $2,341 - $63 or 2.8%
• Meridian is up from $2,361 to $2,429 - $68 or 2.9%
• Trustpower is up from $2,478 to $2,547 - $69 or 2.8%

Auckland Central/Manukau

• Contact is up from $2,018 to $2,046 - $28 or 1.4%
• Powershop is up from $2,127 to $2,149 - $22 or 1%
• Nova is up from $2,156 to $2,172 - $16 or 0.7%
• Meridian is up from $2,149 to $2,180 - $31 or 1.4%
• Genesis is up from $2,204 to $2,284 - $80 or 3.6%
• Mercury is up from $2,251 to $2,282 – $31 or 1.4%

Dunedin

• Nova is up from $1,907 to $2,015 - $108 or 5.7%
• Powershop is up from $1,948 to $1,992 - $44 or 2.3%
• Contact is up from $1,948 to $1,996 - $48 or 2.5%
• Genesis is up from $1,981 to $2,074 - $93 or 4.7%
• Mercury is up from $2,081 to $2,134 - $53 or 2.5%


Data for more areas is available on the Powerswitch website at: https://www.powerswitch.org.nz/powerswitch/price-trends/graphs


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On The Northland By-Election

Supposedly, Winston Peters’ victory in Northland has exposed the simmering dissatisfaction with the government that exists out in the provinces. Yet it remains to be seen whether this defeat will have much significance – and not simply because if and when Labour resumes business as usual in the Northland seat at the next election, Peters’ hold on it could simply evaporate.

On Saturday, National’s electorate vote declined by 7,000 votes, as the 9,000 majority it won last September turned into a 4,000 vote deficit – mainly because Labour supporters followed the nod and wink given by Labour leader Andrew Little, and voted tactically for Peters. In the process, Labour’s vote went down from nearly 9,000 votes six months ago, to only 1,315 on Saturday. More>>

 
 

PARLIAMENT TODAY:

Climate: Ministers Exclude Emissions From ‘Environment Reporting'

The National Party Government has today revealed that the national environmental report topics for this year will, incredibly, exclude New Zealand’s greenhouse gas emissions, the Green Party said today. More>>

ALSO:

No Retrial: Freedom At Last For Teina Pora

The Māori Party is relieved that the Privy Council has cleared the final legal hurdle for Teina Pora who was wrongfully convicted of murder and sent to prison for 22 years. More>>

ALSO:

Germanwings Crash: Privacy Act Supports Aviation Safeguards In New Zealand

Reports that German privacy laws may have contributed to the Germanwings air crash have prompted New Zealand’s Privacy Commissioner to reassure the public that the Privacy Act is no impediment to medical practitioners notifying appropriate authorities to a pilot’s health concerns. More>>

ALSO:

Treaty: Taranaki Iwi Ngāruahine Settles Treaty Claims For $67.5mln

The settlement includes a $13.5 million payment the government made in June 2013, as well as land in the Taranaki region. The settlement also includes four culturally significant sites, the Waipakari Reserve, Te Kohinga Reserve, Te Ngutu o te Manu and Te Poho o Taranaki. More>>

ALSO:

Gordon Campbell: On A Funeral In Asia, The Northland By-Election, And News Priorities

Supposedly, New Zealand’s destiny lies in Asia, and that was one of Foreign Minister Murray McCully’s rationales for his bungled reforms at MFAT. OK. So, if that’s the case why didn’t Prime Minister John Key attend the state funeral on Sunday of Singapore’s founding leader Lee Kuan Yew? More>>

ALSO:

Werewolf Satire: Not Flag-Waving; Flag-Drowning

The panel choosing the flag options has no visual artists at all. Now, I’ve kerned the odd ligature in my time and I know my recto from my French curve so I thought I’d offer a few suggestions before they get past their depth. More>>

ALSO:

IPCA Reports: Significant Problems In Police Custody

In releasing two reports today, the Independent Police Conduct Authority has highlighted a number of significant problems with the way in which Police deal with people who are detained in Police cells. More>>

ALSO:

Inspector-General of Intelligence and Security: Inquiry Into GCSB Pacific Allegations

The complaints follow recent public allegations about GCSB activities. The complaints, and these public allegations, raise wider questions regarding the collection, retention and sharing of communications data. More>>

ALSO:

TPPA Investment Leak: "NZ Surrender To US" On Corporates Suing Governments

Professor Jane Kelsey: ‘As anticipated, the deal gives foreign investors from the TPPA countries special rights, and the power to sue the government in private offshore tribunals for massive damages if new laws, or even court decisions, significantly affected their bottom line’. More>>

ALSO:

Werewolf: The Myth Of Steven Joyce

Gordon Campbell: The myth of competence that’s been woven around Steven Joyce – the Key government’s “Minister of Everything” and “Mr Fixit” – has been disseminated from high-rises to hamlets, across the country... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news