Government out of touch on power prices

Energy Minister Simon Bridges is out of touch if he believes Kiwis are getting a fair deal from electricity providers, Labour’s Finance spokesperson David Parker says.
“Asked in a radio interview whether New Zealand households were paying too much for their power Mr Bridges answered: ‘No’.
“Labour has proposed a solution which will work.
“It will see electricity fairly priced and will save the average household consumer between $230 and $330 a year on their power bill.
“National’s reaction, typically, is over the top. It has mentioned North Korea, Albania, communism, socialism, blackouts, even Polish shipyards.
“None of that is true.
“Steven Joyce’s latest allegation is that carbon pricing through the ETS would put power prices up more.
“That is incorrect, too. In fact ETS costs to consumers are lower because the carbon price under the new model will not flow through to hydro electricity prices (currently it does).
What is clear, is that under National power prices will continue to go up.
“Labour’s plan will not only reduce power bills, it will also grow the economy and create jobs.”

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Author: David Parker MP

I am a List MP for the New Zealand Labour Party, and Spokesperson for Trade & Export Growth and Treaty of Waitangi Negotiations and the Shadow Attorney General

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