Published
The Commerce Commission is warning New Zealanders can expect to pay more for their electricity bills from next year.
The caution comes as it releases its draft revenue limits and quality standards for electricity lines companies for 2025-2030.
Due to population growth, and an ageing electricity network, investment in New Zealand’s electricity network is needed to ensure it is reliable and safe.
“We are mindful of the impact this will have on consumers,” said Commissioner Vhari McWha.
The Commissioner also raised concerns around Transpower’s ability to deliver the infrastructure improvements needed, due to not being able to find enough skilled workers.
The caution comes as it releases its draft revenue limits and quality standards for electricity lines companies for 2025-2030.
Due to population growth, and an ageing electricity network, investment in New Zealand’s electricity network is needed to ensure it is reliable and safe.
“We are mindful of the impact this will have on consumers,” said Commissioner Vhari McWha.
The Commissioner also raised concerns around Transpower’s ability to deliver the infrastructure improvements needed, due to not being able to find enough skilled workers.
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