Power companies not moving fast enough on pricing reform

By Gavin Evans | Wed, 20 Nov 2019


Electricity network companies are not moving fast enough to change their pricing structures to suit new technologies including solar, batteries and electric vehicles, the industry regulator says.Network companies need to move away from volume-based charging and come up with systems that reflect the actual cost of the services being provided, including by location, the Electricity Authority says.“Distributors urgently need to improve the efficiency of their distribution prices because technology is rapidly changing how electricity is produced an...