John Harbord: Major Electricity Users' Group Chair says the rising electricity costs will impact industrial manufacturers more significantly
Update: 2024-11-20
Description
Households and businesses are set to face higher electricity bills.
The Commerce Commission estimates the average household's monthly electricity bill will rise by around $10 from April.
The Commission's allowing Transpower and local lines companies to raise prices as they aim to upgrade and maintain the grid.
Major Electricity Users' Group Chair John Harbord told Ryan Bridge the impact will be more significant on industrial manufacturers.
He says those large businesses don't buy their electricity from retailers, so the percentage of their bill that comes from transmission is higher.
Harbord says many of those businesses are already struggling with costs.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Comments
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
