Household electricity bills increased 3.3% in last quarter

Household electricity bills increased 3.3% in last quarter
Westport had the sharpest rise in power bills. (Image: Getty)
Ian Llewellyn
Household electricity prices increased by 3.3% in recent months, according to government data.The Quarterly Survey of Domestic Electricity Prices compiled by the Ministry of Business, Innovation and Employment (MBIE) said the average price per kilowatt hour (kWh) for households was 34.7c on May 15.This was a 3.3% rise over the previous three months.Lines company and transmission charges made up 12.7c of this and the energy component 22c. These increased 7% and 1.2% respectively.The period covers April 1 when most lines companies...

More Energy

The billionaire who bet on coal's future – and won big
Energy

The billionaire who bet on coal's future – and won big

Low Tuck Kwong has built a fortune from the world’s dirtiest fossil fuel.

Powerco appoints Jason Franklin as new chief executive
News in Brief

Powerco appoints Jason Franklin as new chief executive

Franklin has been CEO of lines company PowerNet since 2012.

Staff reporters 07 Jan 2025
Rain, reviews and Sapere shockwaves
Energy

Rain, reviews and Sapere shockwaves

Shaking up the electricity sector or shaking off criticism: the year ahead. 

Ian Llewellyn 07 Jan 2025