New Electricity SOE Brings Cheaper Wholesale Power
Press Release: New Zealand Government
Date: Friday, 16
SOE Minister, Tony Ryall, today officially
opened the Manukau
City headquarters of baby-ECNZ
Genesis Power Limited.
Genesis is one of the three
electricity generation and
retail companies formed
from the former ECNZ on 1 April this
year as part of the
Government's plan to give New Zealanders
a better deal
"Following the ECNZ split in April,
wholesale power prices fell
dramatically" said Mr
Ryall, speaking in Manukau.
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