Pulse Energy’s deal with Grey Power for discounts for its members shows why New Zealand needs Labour’s policy to bring down power prices, Labour’s Finance spokesperson David Parker says.
“The agreement between Pulse and Grey Power for low cost power for senior citizens shows the electricity industry recognises that prices are too high for many New Zealanders.
“Some senior citizens are forced to limit their use of appliances such as heaters during winter because power prices are higher than they should be. This is a tragedy which puts their health at risk.
“Other New Zealanders including families with young children are making similar sacrifices. Cold damp houses lead to health problems and put extra costs on our health system.
“Labour is not prepared to sit by while New Zealanders go to bed early in the winter because they can’t afford to turn their heaters on.
“Power companies have been making huge profits on the backs of hardworking Kiwis for too long. They are overcharging for hydro-electricity, which is cheap to produce because it is generated using the public water resource which flows through dams built and paid for decades ago.
“A Labour government will set up NZ Power and bring down household power prices by up to $330 a year.
“NZ Power will also give the economy a $450 million per annum boost and create more than 5000 jobs,” David Parker says.
12 September 2013 MEDIA STATEMENT