A typical annual household gas bill of about $1,275 would increase by about $55 per year under a new Commerce Commission proposal.
Rio Tinto has a lifelong history of being unlikeable. Its sudden desire to keep the Tiwai Point aluminium smelter open raises questions not only of electricity price, but of trust.
Climate change policies that also reduce reliance on high-cost international fossil fuel are a key part of the government's focus in 2022.
World metal prices are booming right now, but longer term, the smelter's 'green' hydropower is seen as giving Tiwai Point global competitive advantage.