Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Govt Intervention Not Needed In Waikato Energy

MEDIACOM-RELEASE-WEL-ENERGY-TRUST GOVERNMENT INTERVENTION NOT NEEDED IN WAIKATO:WEL ENERGY TRUST

Government regulation of lines companies is not needed in the Waikato because local consumers already have a vehicle by which to influence the operations of the local network company, the Electricity Inquiry in Wellington has been told.

WEL Energy Trust representatives told the Inquiry that the Trust is well placed to balance the needs of consumers against the expectations of shareholders because it owns 95% of WEL Energy Group and hopes to become 100% owner on behalf of the community. Consumers are able to make submissions through the Trust's annual plan process which is similar to that for local bodies.

This allows "consumer-led" solutions to perceived network company problems, rather than "industry-led" as had been promoted by a number of submissions to the Inquiry.

Chairman Don Bethune and deputy chairman Russ Rimmington outlined a raft of ideas in the Trust's submission to the Inquiry, aimed at restoring the direct relationship between network companies and their customers, which included: * Making the return of electricity meters to network companies compulsory. * Returning the billing function to network companies, with clearly identified transmission and distribution costs, along with the actual electricity cost, all in easy to understand cents per kilowatt hour format.

Customers would still choose their electricity retailer, but would be dealing with a "one stop shop" once more. * Requiring the Government to provide a statement of intent in respect of the activities of network companies through the Commerce Act, but not imposing any prescriptive measures such as a CPI-x price regulation.

The WEL Energy Trust told the Inquiry that it did not favour a national electricity ombudsman because the needs of consumers would be met by restoring direct company-customer relationships.

"We believe our submission was well received and Inquiry members asked a lot of questions about the suggestions we put forward," Mr Bethune said.

"It was also interesting to hear the Inquiry was told that the WEL Energy Trust is the only organisation that has made significant steps towards growing the community's ownership in their local network company since the last round of electricity reforms."

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

New Reports: Flood Risk From Rain And Sea Under Climate Change

One report looks at what would happen when rivers are flooded by heavy rain and storms, while the other examines flooding exposure in coastal and harbour areas and how that might change with sea-level rise.

Their findings show that across the country almost 700,000 people and 411,516 buildings worth $135 billion are presently exposed to river flooding in the event of extreme weather events...

There is near certainty that the sea will rise 20-30 cm by 2040. By the end of the century, depending on whether global greenhouse gas emissions are reduced, it could rise by between 0.5 to 1.1 m, which could add an additional 116,000 people exposed to extreme coastal storm flooding. More>>

ALSO:

 
 

Gordon Campbell: On The Commerce Commission Fuel Report

The interim Commerce Commission report on the fuel industry will do nothing to endear the major oil companies to the New Zealand public... More>>

ALSO:

Emergency Govt Bill: Overriding Local Licensing For The Rugby

“It’s pretty clear some clubs are having difficulty persuading their district licensing committees to grant a special licence to extend their hours for this obviously special event, and so it makes sense for Parliament to allow clubs to meet a community desire." More>>

ALSO:

Leaving Contract Early: KiwiBuild Programme Losing Another Top Boss

Ms O'Sullivan began a six-month contract as head of KiwiBuild Commercial in February, but the Housing Ministry has confirmed she has resigned and will depart a month early to take up a new job. More>>

ALSO:

Proposed National Policy Statement: Helping Our Cities Grow Up And Out

“We need a new approach to planning that allows our cities to grow up, especially in city centres and around transport connections. We also have to allow cities to expand in a way that protects our special heritage areas, the natural environment and highly productive land." More>>

ALSO:

Ombudsman's Report: Ngāpuhi Elder 'Shocked' By Conditions At Ngawha Prison

A prominent Ngāpuhi elder is shocked to find inmates at Ngawha Prison are denied water and forced to relieve themselves in the exercise yard... Chief Ombudsman Peter Boshier has released a report highly critical of conditions at the Northland prison. More>>

ALSO:

Promises: Independent Election Policy Costing Unit A Step Closer

The creation of an entity to provide political parties with independent and non-partisan policy costings is a step closer today, according to Finance Minister Grant Robertson and Associate Finance Minister James Shaw. More>>

ALSO:

School's In: Primary And Intermediate Principals Accept New Offer

Primary and intermediate school principals have voted to accept a new settlement from the Ministry of Education, which includes entrenched pay parity with secondary principals. More>>

ALSO:

IPCA On 'Rawshark' Investigation: Multiple Police Failings In Hager Searches Confirmed

The Independent Police Conduct Authority has found that the Police's unlawful search of Nicky Hager's property in October 2014 resulted from an unwitting neglect of duty and did not amount to misconduct by any individual officer... More>>

ALSO:

Broadcasting Standards: Decisions On Coverage Of Mosque Attacks

The Authority upheld one of these complaints, finding that the use of extensive excerpts from the alleged attacker’s livestream video on Sky News New Zealand had the potential to cause significant distress to audiences in New Zealand, and particularly to the family and friends of victims, and the wider Muslim community. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels