Gas price hikes in consumers' best interests: ComCom

Gas price hikes in consumers' best interests: ComCom
Assistant commissioner Vhari McWha says pipelines business needs an incentive to invest. (Image: BusinessDesk)
Jenny Ruth
The Commerce Commission says the focus of its decision to allow gas pipeline businesses (GPBs) to charge consumers more over the next four years is centred on what's in the best long term interests of consumers.The commission has decided to allow the five gas pipeline businesses to charge their about 300,000 customers an extra $48 a year, or $190 over four years, over and above what happens to wholesale prices for natural gas.That’s down from $55 a year in the commission’s draft decision published in February.But this comes at a...

More Infrastructure

KiwiRail reveals $8m cost of McKinsey contract
Infrastructure

KiwiRail reveals $8m cost of McKinsey contract

Rail Minister Winston Peters calls it an unacceptable payment. 

Oliver Lewis 02 Apr 2025
Mainfreight praises 'logical, sensible' rail ferries decision
Infrastructure

Mainfreight praises 'logical, sensible' rail ferries decision

Port companies on both side of the Cook Strait also welcome increased certainty.

Oliver Lewis 01 Apr 2025
Meet your new ferries, New Zealand
Infrastructure

Meet your new ferries, New Zealand

Winston Peters confirms new Interislander ferries will be rail-enabled.

Oliver Lewis 31 Mar 2025
Developers make unsolicited bids for prime Chch rebuild site
Policy

Developers make unsolicited bids for prime Chch rebuild site

Crown Infrastructure Delivery is weighing up options for the massive site.

Oliver Lewis 28 Mar 2025