Power report ducks question of fair prices, Bertram says

Mon, 10 Feb 2014

By Pattrick Smellie Feb. 11 (BusinessDesk) – Taking electricity company asset values back to 1999 levels, as proposed by the Labour and Green parties, would allow consumers to be charged “fair” prices for electricity, says industry reform critic and Victoria University academic Geoff Bertram. Responding to a report authored by the Sapere economic consultancy for Business New Zealand, which argues the retail electricity market has become competitive and that Labour and Green party policies could push power prices higher, Bertram says “the auth...

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