Tag: electricity_authority
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NZ Wholesale Power Prices Rise From Low Base as Hydro Storage Stays Strong
New Zealand wholesale electricity prices rose to $29/MWh for 6-12 September, up $12, but hydro storage at 84% full and 140% of seasonal average kept averages low.
BusinessEnergyEconomyEnvironment Electricity Authoritywholesale electricity priceshydro storageŌtāhuhuBenmorewind generation
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New Zealand Mandates Off-Peak Power Pricing for Affordability
New Zealand's large power companies must now offer time-of-use pricing plans, allowing households and small businesses to save money by shifting electricity consumption to cheaper off-peak hours. This initiative also supports solar and battery users.
Politics and GovernmentBusinessScience & TechnologyGeneral PoliticsEconomyEnergy Simeon BrownElectricity AuthorityTime-of-use pricingEnergy affordabilitySolar powerGovernment policyNew Zealand Government
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New Rules to Level Playing Field in New Zealand's Electricity Market
New Zealand's Electricity Authority introduces rules from July 1st to ensure fair competition. Major gentailers must treat all retailers equally for wholesale price risk, aiming for better deals and more choice for Kiwi consumers.
Politics and GovernmentBusinessScience & TechnologyGeneral PoliticsEconomyEnergyLegalEnvironment Electricity MarketElectricity AuthoritySimeon BrownEnergy PolicyCompetitionConsumer ProtectionNew Zealand Government