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

 


Bum deal for power consumers

Bum deal for power consumers

A damning report from Consumer New Zealand confirms what consumers already know, that they’re getting a bum deal, says Labour’s Energy Spokesperson, David Shearer.

“As winter sets in and consumers’ power bills go through the roof, it will be cold comfort to know that power companies have been making colossal earnings.

“The Consumer report says that between 2010 and 2013, Genesis’s pre-tax earnings went up 35 per cent, Contact’s earnings went up 27 per cent and Mighty River Power went up 19 per cent.

“Kiwis are paying through the nose for energy. It is particularly galling to see those increases coming during a recession.

“The respected, independent authority on consumer issues notes that despite over two decades of market reform of the electricity sector, ‘consumers are yet to get reliable assurances that the market model is supplying electricity at a reasonable price’.

“As Consumer New Zealand says, ‘that consumers might reasonably expect a drop in price ‘in a genuinely competitive market when demand is flat and wholesale electricity rates have fallen.’

“In the meantime John Key and Simon Bridges continue to insist the electricity market is working and power prices are not too high. The Government refuses to recognise a problem, and has failed to stand by Kiwis who are paying too much for power, says David Shearer.

The report also notes that electricity still remains in the hands of five big players controlling 93% of the market. Inroads by smaller players haven’t been able to hold prices let alone bring them down.

“According to Consumer, ‘the legislation has failed to ensure adequate price transparency, leaving regulators struggling to gauge whether prices are fair.’”

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Easter: Have A Safe Holiday And/Or Don't Mislead On Surcharges

Commerce Commission: “Businesses that do apply a surcharge must ensure people are alerted to this before they make a decision to purchase. This gives consumers the ability to decide whether they are prepared to pay a surcharge or would rather go elsewhere,” Ms Rawlings said.

“The reason for the surcharge must be accurately described and must not mislead consumers. For example a business must not claim their surcharge on Easter Sunday is because it is a public holiday, as the only public holidays over the Easter weekend are Good Friday and Easter Monday.” More>>

 

PARLIAMENT TODAY:

Law Foundation Report: New Zealand Going Backwards On Human Rights

Greens: A report released today, Fault lines: Human Rights in New Zealand, looked at our commitment to six different international human rights treaties and found New Zealand sorely lacking in our commitment to human rights in practice to the point we’re going backwards. More>>

ALSO:

War Prep: “Gerrymandering” The Iraq Deployment

NZ First: “On Tuesday, it was ‘up to 50 troops’ training in Australia but yesterday that number grew to 100... Given pre-deployment training and now integrated training with the Australian Army, it seems to go beyond the supposed training role our men and women are meant to be tasked with undertaking.” More>>

ALSO:

Gordon Campbell: On The Inadequate Response To Sexual Violence Prevention

On combatting sexual violence, the government has finally begun to undo some of the problems that were of its own making. Early in March, ACC launched the Integrated Services for Sensitive Claims scheme – a package aimed at improving the attitudes of ACC staff towards sexual violence victims, and offering them more substantive support.

Hopefully, this will help to reverse the damage done with the insensitive, punitive ACC policy put in place by the incoming Key government in 2009, which in some parts of New Zealand, saw 90 per cent of sexual violence victims being turned away by ACC. More>>

ALSO:

Child, Youth and Family Review:

"To Help Families Get Ahead": April 1 Changes Kick In

Prime Minister John Key says Paid Parental Leave, the parental tax credit, the minimum wage and Superannuation will increase, while average ACC levies will fall, and more people will be helped in to home ownership... More>>

ALSO:

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:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news