Low-user electricity tariff phase-out has winners and losers

The phase-out of mandatory low fixed electricity charges has so far helped more households than it has hurt but some of the poorest have been hit hardest, a Ministry of Business, Innovation and Employment review has found.However, the move has not brought about the level of innovative electricity tariff changes being brought in by retailers that was expected, which is partly attributed to the phase-out not being completed.The Low Fixed Charge Tariff regulations were introduced in 2004 to provide electricity plans with a discounted fixed charge...