Thursday, August 20, 2009

Securing a brighter future

To build a job-rich and export-rich economy, New Zealand needs an electricity
market that delivers reliable, continuous electricity at competitive prices.
And residential consumers need to know they are not going to be hit with steeply
rising power prices as has been the case in the past 10 years.
As part of its strategy to deliver a reliable electricity system, we set up a
ministerial review into the power sector.
The review team issued a report last week and made 29 recommendations,
including compensating consumers when they are asked to save power during a
conservation campaign, allowing lines companies back into retailing, and
replacing the Electricity Commission.
We want your feedback on this discussion document and look forward to hearing
your views.
The report can be found at: www.med.govt.nz/electricity-market-review

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