Electricity Authority proposes softer grid price reform

Mon, 12 Dec 2016

By Pattrick Smellie Dec. 13 (BusinessDesk) - The Electricity Authority is softening its proposed reforms for national grid payments and suggesting that even where its proposals raise power prices, other reforms under consideration by the Commerce Commission will mostly cancel them out. However, even then, the contentious transmission pricing methodology (TPM) proposals would still raise power prices for several major industrial plants in the North Island after 2020, including New Zealand Steel, which continues to review the viability of i...

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