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15 Nov 2024 18:28
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  •   Home > News > Business

    We could be paying slightly higher levies on our power bills by this time next year

    We could be paying slightly higher levies on our power bills by this time next year


    The Electricity Authority is proposing to increase the average household levy by 12 cents, to two-dollars-six-cents per month, and the average business levy by 77-cents, to 12-dollars-14 per month.

    It says the electricity system is becoming increasingly complex with new connections and market entrants, more variable renewable generation, and more bi-directional power flows.

    The authority says its contractors are having to do far more, and are facing more complex tasks, and need more funding to do so.

    Feedback closes in four weeks, with a final decision due on Budget Day next year.

    © 2024 Newstalk ZB, NZCity

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