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

Tech industry wants to lock up nuclear power for AI
Technology

Tech industry wants to lock up nuclear power for AI

The largest tech companies are looking to buy nuclear power directly from plants.

Glenbrook to get big grid-scale battery as Contact teams up with Tesla
Markets

Glenbrook to get big grid-scale battery as Contact teams up with Tesla

Contact Energy has teamed up with electric car company Tesla to build a grid-scale 100-megawatt battery at Glenbrook at a cost of up to $163 million.The company said the battery would enhance Contact’s renewable-energy flexibility and provide enough electricity for more than two...

Staff reporters 01 Jul 2024
Tech firms seek a miracle solution as AI exhausts grid
Technology

Tech firms seek a miracle solution as AI exhausts grid

Currently, coal plants are being reinvigorated because of the AI boom, an analyst says.