Electricity Pricing Review

Last updated: March 22, 2019

Resource

Electricity Pricing Review

Published: March 22, 2019

Stage: Done

Issue for Business: The BEC supports the Panel putting consumers at the heart of the electricity price review. The options paper outlines the importance for electricity prices to be fair and affordable for consumers, as well as efficient or competitive. We recognise that even with cost-reflective, efficient prices, outcomes can emerge that are undesirable for some consumer groups. However, a competitive electricity market is a desirable objective in itself, and a strategy of mostly using competitive tools to deliver on it an appropriate one. It is important to review the market multidimensionally including affordability as one of the dimensions. Understanding the conceptual gap between what the market can reasonably be expected to deliver, and the other outcomes the Panel wishes to achieve speaks to the identification of problems and the allocation of appropriate, matching solutions.

Tags: resources

0 Comments

Submit a Comment

Reports in Resource

Proposed Regulations to support the Crown Minerals (Decommissioning and Other Matters) Amendment Bill

Submitting to: Ministry of Business, Innovation and Employment (MBIE)Author: Emily CalvertDate: 2021-09-07Category: ResourceTags: Oil and Gas | Stage: DoneIssue for Business: Submission from BusinessNZ and BEC The focus is on the multiple layers of requirements introduced, ...

Responsibly Delivering Value: A Minerals and Petroleum Resource Strategy

Submitting to: Ministry of Business, Innovation and Employment (MBIE)Author: Tina SchirrDate: 2019-09-20Category: ResourceStage: DoneIssue for Business: The purpose of a strategy is to help shape an eventual set of actions. Its purpose is to act as a touch-stone against ...