Winners and losers in power transmission reforms

There will be some big winners and losers if the latest attempt to reform how electricity transmission charges are divided up is successful.Under the latest indicative iteration in the long, complex and controversial process to reset the transmission pricing methodology (TPM), Vector – the Auckland lines company – could pay $180 million, $8m more or a 5% increase a year over the long term.New Zealand Steel, which has already said power prices are placing its business under pressure, could face a 211% increase from $3.13m to $9.73m p...