Power companies 'furiously agree' on more customer-friendly charging

Wed, 02 Mar 2016

By Fiona Rotherham March 2 (BusinessDesk) - The electricity sector is in “furious agreement” that new, consumer-friendly ways to charge for power are necessary and possible, thanks to new technology, but the different parts of the industry can't agree on how, why and what to charge, says the Commerce Commission’s Nick Russ. Russ told the Downstream Energy conference in Auckland today that the industry agreed current pricing structures are no longer suitable and that something should be done. “But there’s a bit of a niggle going on” bet...

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