Why we could be paying more for piped gas

Household gas bills could rise 4.5% a year for the next four years, says the Commerce Commission. (Image: Deposit Photos)

Ian Llewellyn

Thu, 10 Feb 2022

Households and businesses using piped gas could face substantial bill increases under proposals put forward by the Commerce Commission because of government energy policy.The regulator says it is reasonable the four gas pipeline businesses should be able to earn more money in the coming four years, because the likely life of the infrastructure will be shortened as climate change policy squeezes out the gas sector.First Gas, GasNet, Powerco and Vector all distribute natural gas to commercial and industrial users as well as residential consumers....

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