Gordon
2024-08-07 03:21:05 UTC
https://www.stuff.co.nz/politics/350370185/power-prices-hit-another-factory-pain-set-continue
This is in Stuff so it soon going to main stream in the public's mind.
The ideas/points in this article are what has been circulating in this ng
and elsewhere.
I am sure that the tax adjustments will not pay for the upcoming increase.
Some snippets from the article.
"The rising price of wholesale electricity is likely to hit households soon,
according to industry experts."
"John Harbord, chairperson of the Major Electricity Users Group, said most
manufacturing and logistics companies were struggling.
He said those companies were having to compete with nations such as Australia,
where the wholesale electricity price was below $100.
Energy Minister Simeon Brown said low rainfall and low gas reserves had
driven up the cost of electricity.
“The tight gas supply is a direct result of the last government’s reckless
energy policies. They banned oil and gas exploration,” he said.
Several past Governments (both sides) have taken their eye off the ball.
This is in Stuff so it soon going to main stream in the public's mind.
The ideas/points in this article are what has been circulating in this ng
and elsewhere.
I am sure that the tax adjustments will not pay for the upcoming increase.
Some snippets from the article.
"The rising price of wholesale electricity is likely to hit households soon,
according to industry experts."
"John Harbord, chairperson of the Major Electricity Users Group, said most
manufacturing and logistics companies were struggling.
He said those companies were having to compete with nations such as Australia,
where the wholesale electricity price was below $100.
Energy Minister Simeon Brown said low rainfall and low gas reserves had
driven up the cost of electricity.
“The tight gas supply is a direct result of the last government’s reckless
energy policies. They banned oil and gas exploration,” he said.
Several past Governments (both sides) have taken their eye off the ball.