Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Gas Bill Reductions for Majority of Mercury Energy Customer

25 August 2013

Gas Bill Reductions for Majority of Mercury Energy Customers

Changes to gas line charges by lines company Vector, will result in the majority of Mercury Energy’s residential gas customers receiving a decrease in their monthly bill from 1 October 2013.

The impact of Vector’s change on customers’ bills will range from an 11.4% decrease to a 4.3% increase on their total gas bill, as a result of Vector increasing the fixed charges by 15% or $1.20 per month.

The changes mean that around 24,000 of Mercury’s gas customers will see a decrease in their bill, while around 2,000 will see an increase, depending on their annual consumption.

Mercury Energy’s General Manager, James Munro, said the company is passing Vector’s changes directly onto customers immediately as they take effect. This is consistent with the approach the company took with changes in Vector’s electricity lines charges in April of this year.

Vector gas networks include the reticulated gas networks in Northland, Auckland, Waikato and the Bay of Plenty.


© Scoop Media

Business Headlines | Sci-Tech Headlines


The Download Weekly: Vodafone FibreX back in court

Vodafone and the Commerce Commission head back to court over FibreX in a week the TCF issues broadband marketing codes that should avoid similar problems in the future... More>>

NIWA: Tonga Eruption Discoveries Defy Expectations
New findings from the record-breaking Tongan volcanic eruption are “surprising and unexpected”, say scientists from New Zealand’s National Institute for Water and Atmospheric Research (NIWA)... More>>

Commerce Commission: Appeals Record $2.25m Fine In Vodafone FibreX Case

The Commerce Commission has filed an appeal in the High Court against a record $2.25 million fine imposed on Vodafone NZ Limited (Vodafone) for its offending under the Fair Trading Act during its FibreX advertising campaign. While the sentence imposed in the Auckland District Court on April 14 was the largest-ever fine under the Fair Trading Act, the Commission will argue that it is manifestly inadequate... More>>

Stats: Quiet Start For Retail In 2022
The volume of retail sales was relatively unchanged in the March 2022 quarter, following a strong increase in the December 2021 quarter, Stats NZ said today... More>>

Finder: RBNZ Survey: 64% Of Experts Say Rising Inflation Will Push More Kiwis Into Debt

Soaring inflation and cost of living pressures will see many households pushed to the financial limit, according to experts... More>>

Barfoot & Thompson: Rents Up By Around 3% In Most Areas

The average weekly rent paid for homes in most areas of Auckland has risen by around 3 percent year-on-year. The figures for end March from more than 16,000 properties... More>>