Ambition, urgency needed in network pricing reform

Thu, 20 Dec 2018

By Gavin Evans Dec. 21 (BusinessDesk) - Electricity lines companies have been told to act with “ambition and urgency” when changing their pricing to cater for new technologies like solar panels, electric vehicles and batteries. The Electricity Authority wants “substantial” progress on the new pricing by 2020, the start of the next regulatory period for network pricing. Without change, the charging structures of many lines companies risk increasing peak period demand to the cost of all consumers, while potentially also raising charges t...

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