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Energy Hardship panel picked

Energy Hardship panel picked
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Big firms put knife into power market saying Meridian made $3 5b excess profit

Flick Electric stops taking on new customers in blow to power competition

O’Connor said the suspension was ironic, given Consumer NZ named Flick “energy retailer of the year”, and was tough for staff and the business. But it didn’t make sense for any independent retailer at the moment to be acquiring new customers, he said. The suspension does not affect a “small number” of sign-ups through Flick owner Z Energy, which began selling power plans under its own brand in March, sourcing its power and services from Flick. The wholesale price of electricity has spiked this year, with spot market prices spending long periods above 30 cents a kilowatt hour. Energy Minister Megan Woods has expressed concern high prices could persist and Enerlytica analyst John Kidd has said uncertainty is affecting futures prices out until 2024.

SEANZ | Scoop InfoPages

The Electricity Price Review expects to release its first report tomorrow, Tuesday 11 September at 1pm. More Thursday, 5 April 2018, 4:21 pm | SEANZ The Sustainable Electricity Association NZ (SEANZ) said today that the Government needed to do more to enable the adoption of new clean energy technologies by kiwi homes and businesses if the country is to avoid the $30b additional costs predicted . More Friday, 16 March 2018, 1:33 pm | SEANZ The Sustainable Electricity Association NZ (SEANZ) today moved to clarify the impact of solar and battery storage on low-income earners and to reiterate the financial, social, and environmental benefits to all kiwis of a hastier transition to smart . More

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