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

 


Labour will drop power prices for Kiwi families

David

CUNLIFFE

Labour Leader


26 August 2014 MEDIA STATEMENT
Labour will drop power prices for Kiwi families

New Zealanders will get cheaper power prices under NZ Power, says Labour Leader David Cunliffe.

“The electricity market is clearly broken. With falling demand for electricity, prices should be going down. Instead prices are going up and companies are extracting excess profit.

“That’s not right and Labour will take action. Labour’s NZ Power policy will bring prices down by hundreds of dollars a year for Kiwi families and regulate future electricity price increases.

“We’re recommitting to bringing electricity prices back under control using NZ Power. NZ Power will bulk buy electricity from all the generators and pass the savings on to New Zealanders.

“We’ll make sure that companies get a fair price for their product but it will be a price linked to how much it costs them to generate that electricity.

“We are sick of hearing every time there is a power hike its everybody’s fault everybody's fault but the power generators and retailers.
It’s either line companies or lake levels or something else.

“Meanwhile, as Kiwi households pay more and more for electricity power companies have celebrated record profits. Contact Energy profits were up 17.6%. Meridian and Mighty River Power enjoyed high profits and increased dividends.

“New Zealand’s power should be some of the cheapest in the world. More than 60 per cent of it comes from hydroelectric generation, using free water flowing through dams that were paid off generations ago.

“Labour is also announcing new measures to increase transparency in the electricity market.

“Under Labour we will standardise electricity bills to include a full breakdown of the cost to the consumer. We will also make sure electricity companies provide consumers with the information that is useful to them from their smart-meters.

“Labour will investigate pre-pay electricity practices with the expectation that the cost of electricity via pre-pay is brought down to standard rates. It is not fair that those least able to pay have to pay the highest prices .

“There is also an astonishing number of Kiwi’s having their power cut off because they cannot afford to pay their bill. This is unacceptable.

“In the bigger picture, Labour has a commitment to ensuring that 90% of our electricity is generated from renewables by 2025. Too many of our carbon emissions are created by the generation of electricity. By increasing renewable’s we can help the transition to a smarter low-carbon economy.

“That’s a move that is critical to the clean green brand we trade on overseas. Labour has a vision for a future in which our environment and our economy can thrive and prosper, and in which all New Zealanders share the gains.”

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

AMA: Scoop's 'Invisible Paywall'

Operation Chrysalis: The Final Countdown - Thanks & There's Still Time To Pledge

Phew! We are now counting down the hours to the end of this crowd-funding campaign at 11pm on Sunday. Thankyou to all those Scoop readers and supporters who have pledged already. You have been awesome. But this is not over yet. More>>

 
 

PARLIAMENT TODAY:

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:

RMTU: No Public Submissions On International Government Procurement Deal

“The government is preparing to assent to the Government Procurement Agreement, a World Trade Organisation Treaty which opens up New Zealand Government contracts to foreign companies and closes the door on local businesses and their workers. However the Foreign Affairs, Defence and Trade Select Committee is refusing to take public submissions on the decision.” More>>

ALSO:

Gordon Campbell:
On Pacific Spying

So New Zealand spied on its friends and allies in the Pacific – and has not only been passing on the results to the NSA, but has apparently passed on the details of the Pacific’s relations with Taiwan to our other best friends, the Chinese. On the side, the Key government has also been using the security services to gauge the chances of Trade Minister Tim Groser landing the top job at the WTO... More>>

ALSO:

State Housing Transfer: Salvation Army Opts Out

The Salvation Army has decided against negotiating with Government for the transfer of Housing New Zealand stock.
More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news