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24 Feb 2026 18:57
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  •   Home > News > Business

    The Energy Minister's now claiming the money gathered to pay for building a new LNG import facility - is neither a levy nor a tax on consumers

    The Energy Minister's now claiming the money gathered to pay for building a new LNG import facility - is neither a levy nor a tax on consumers


    The Government yesterday announced plans for the storage site, to maintain energy supply in dry years.

    Fact-sheets at the announcement outlined a levy will be introduced to cover the infrastructure cost.

    Minister Simon Watts was asked this morning whether that's really just a tax -- but says it's neither, as it's a net-benefit to households.

    The facility's expected to save households about 50-dollars per year.

    © 2026 Newstalk ZB, NZCity

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     Today's News

    Entertainment:
    Sterling K. Brown's teenage son will never admit his dad is cool - despite secretly thinking it 18:51

    Rugby:
    Crusaders captain David Havili insists his side can dig a way out of their early Super Rugby hole 18:37

    Entertainment:
    Scott and Kelley Wolf are "healing" after a difficult few months 18:21

    National:
    Cuba has survived 66 years of US-led embargoes. Will Trump’s blockade break it now? 18:17

    Hockey:
    Kash Patel and US men's hockey team under fire after Donald Trump makes joke about women's team 18:17

    Law and Order:
    Police have arrested a second person over a Flaxmere man's alleged murder in February last year 18:07

    Entertainment:
    Judy Greer has "carried [Jennifer Garner] through the last 20 years 17:51

    Living & Travel:
    Wellington's mayor says he'd be comfortable swimming on Wellington's southern coast - on current information available 17:27

    Entertainment:
    Eric Dane's friends have launched a GoFundMe for his daughters 17:21

    Rugby League:
    Kiwis forward Scott Sorensen is heading west 16:57


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