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

 

Comment Transmission Pricing Methodology Decision Molly Melhuish 11 June 2020

The new Transmission Pricing Methodology will make your power bill depend on where you live, not whether you can reduce your demand so as to reduce your power bill while reducing the system’s carbon emissions.

The electricity industry considers it inefficient for consumers to invest in energy efficiency or solar energy. The new pricing will drive local lines companies to increase fixed daily charges while reducing per-unit charges. That means your investments to save electricity will save you less money.

The industry wants to build new wind farms and geothermal stations, and transmission lines to transmit that power all over the country. The new transmission pricing gives them reliable revenues –it’s like a tax you cannot avoid.

Indeed the new pricing system specifically promotes using electricity at peak times. This would increase line losses, and for decades the highest peaks will still be met by gas-fired power stations. So their claim of reducing carbon emissions is simply untrue.

It would be cheaper for householders to invest in retrofits to reduce their electricity demand. And their cost of capital can be less than half the typical corporate cost of capital, which is 7-8%.

But the industry is driven by the corporate goal of growing their assets. Transpower’s vision, “Te Mauri Hiko”, would double New Zealand’s generation capacity, supposedly to become 100% renewable.

This is blatant empire-building funded by an unavoidable electricity tax on residential consumers. Bulk electricity suppliers want pricing that suppresses energy efficiency and local energy supply. These local energy options are cheaper and lower-carbon, and create resilience.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On How Women Are Suffering The Most From The Covid Economic Recession

Both here and abroad, the Covid-19 economic recession has been disastrous for women workers and their families. In November, young women below 30 in particular were feeling the consequences:

Of concern is the sustained deterioration in youth employment, particularly for females, with a -4.3% pa drop in filled jobs for females aged below 30, and a 3.9%pa drop for males aged below 30....More>>

 

A New Year: No politicians at Rātana in 2021

Annual celebrations at Rātana pā will be different this year, amid a decision to hold an internal hui for church adherents only… More>>

ALSO:

Covid: Border Exception for 1000 International Students

The Government has approved an exception class for 1000 international tertiary students, degree level and above, who began their study in New Zealand but were caught offshore when border restrictions began....More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels