Labour bureaucracy fails to halt power price hikes
Tuesday, 5 December 2006, 8:43 am
Press Release: New Zealand National Party
Labour bureaucracy failing to halt power price hikes
The bureaucracy established by Labour around energy policy
is failing to halt the spiralling price of electricity if
the latest Transpower increase is anything to go by, says
National Party Energy spokesman Gerry Brownlee.
Transpower has told the Commerce Commission that it is
advising customers today of its proposed prices for 2006/07
and 2007/08.
“Approval of the 12% price increase on
the basis that it accords with pricing guidelines is simply
confirmation that Labour’s bureaucracy will result in
prices continuing to spiral up ahead of inflation,” says
Mr Brownlee.
Ends
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