Tag Archives: Electricity

Vector, the Auckland lines company, says falling electricity consumption will cost it up to $80 million because of the way it’s regulated, according to chief executive Simon Mackenzie. The lines company’s electricity and gas distribution business is regulated by the Commerce Commission, and the regulator’s forecasting doesn’t recognise declining electricity consumption trends, Mackenzie told shareholders in Auckland. That has translated to a …

Hundreds of Auckland householders are receiving a financial boost of $335 today, in a record annual electricity dividend totalling $105 million from Auckland Energy Consumer Trust The trust is making its annual payment to more than 316,000 households, businesses, schools and community groups who are customers of power lines company Vector throughout central Auckland, Manukau and northern Papakura.  They receive the payments regardless of which power retailer they are …

Major electricity users and most electricity companies are gearing up to challenge a radical new Electricity Plan changing the way they pay for access to the national grid. resume writing service Papers published on the EA’s website show a combination of confusion and opposition to the proposals, which the industry regulator unveiled in October, cutting through more than a decade …