Improved transmission pricing may save $2.7 bln - Electricity Authority

Tue, 23 Jul 2019

By Gavin Evans July 23 (BusinessDesk) - Changes proposed to the way electricity transmission costs are shared could deliver about $2.7 billion in benefits to consumers during the next 30 years, the Electricity Authority says. The plan, which aims to charge consumers based on the benefit they receive from transmission projects, will increase costs for many large industrial power users on the North Island, but will generally lower costs for South Island generators and lines companies in the lower South Island and lower North Island. Home...

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