A long wait for cheaper power
5:30 AM Sunday Jan 8, 2012
Remember how the reforms of the electricity industry were going to make power cheaper? Max Bradford, the Energy Minister in the Shipley Government in the 1990s, practically went hoarse telling us how splitting ECNZ into three SOEs - Genesis, Mighty River Power and Meridian - and separating line and retail-energy businesses, requiring retailers to buy power to onsell, would be a good deal for the consumer. The consumer is still waiting...
Remember how the reforms of the electricity industry were going to make power cheaper? Max Bradford, the Energy Minister in the Shipley Government in the 1990s, practically went hoarse telling us how splitting ECNZ into three SOEs - Genesis, Mighty River Power and Meridian - and separating line and retail-energy businesses, requiring retailers to buy power to onsell, would be a good deal for the consumer. The consumer is still waiting...
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