Power bills expected to rise by $10 a month from April
Wednesday 20 November 2024 · 2 outlets · 2 reports · updated In this story Commerce Commission, Transpower
The Commerce Commission has decided to loosen revenue caps for Transpower and lines companies to fund infrastructure upgrades and rising costs. This regulatory decision is expected to increase average electricity bills by approximately $10 a month starting in April, with further increases projected over the following four years.