Standardise network tariffs as soon as possible - Genesis

Wed, 24 Oct 2018

By Gavin Evans Oct. 24 (BusinessDesk) - Greater standardisation of network charges is needed to remove complexity and cost from electricity retailing, Genesis Energy says. New Zealand’s biggest electricity and gas retailer says it’s unacceptable that a country this size has 2,500 different tariffs for power distribution. It wants the government’s low-fixed charge regime scrapped and says network charges should be standardised as quickly and as simply as possible. Genesis said there are significant efficiencies to be gained by reducing...

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