Proposed grid-cost sharing regime would impose biggest increases in upper North Island

Mon, 16 May 2016

By Jonathan Underhill May 17 (BusinessDesk) - Consumers in the upper North Island would face the biggest increase in national electricity grid charges under the Electricity Authority's proposed changes to transmission pricing while the Rio Tinto-controlled aluminium smelter at Tiwai Point would get less than half the benefit it may have hoped for. The authority released a consultation paper on transmission pricing that proposes replacing the current two main charges - $150 million a year for the HVDC link between the North and South islan...

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