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Huia Burt: Electric Kiwi CEO on sector disappointed with government's energy reform
Published 7 months ago
Description
Disappointment the Government's energy reforms haven't prioritised keeping electricity prices down.
Changes include allowing Crown-controlled gentailers more government capital for projects, plans for a new gas import terminal and giving the Electricity Authority more power.
Electric Kiwi CEO Huia Burt told Ryan Bridge this could result in wholesale prices reducing by about 2% per annum.
She says that amounts to a few dollars off a power bill, but for a bold reform, we'd be talking hundreds of dollars less per year.
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