Electricity bills to increase 'significantly' from 2025

Consumers will pay increased lines charges from next year. (Image: Orion)

Wed, 09 Oct 2024

Electricity prices are expected to rise significantly from next year, officials say, risking greater energy hardship and potentially hampering household and business electrification.Energy Minister Simeon Brown and Associate Energy Minister Shane Jones received a briefing from the Ministry of Business, Innovation and Employment (MBIE) about household electricity costs in February, which was released to BusinessDesk under the Official Information Act (OIA).“Electricity prices are likely to rise significantly over the next two years. The re...

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