Electricity networks told to get on with pricing reform

Thu, 08 Nov 2018

By Gavin Evans Nov. 9 (BusinessDesk) - Electricity lines companies have been told to accelerate changes to their pricing and not wait until the next regulatory period starting in 2020. The Electricity Authority, frustrated by the lack of action by some networks, has written to the directors of all distribution companies telling them the need for change is urgent and cannot be delayed. Without change, the charging structures of many lines companies risk increasing peak period demand to the cost of all consumers, while potentially also r...

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