Alpine Energy will increase its lines cost by about $0.41 a day for residential and $1.58 a day for businesses. READ MORE:* Commerce Commission warns Alpine Energy over breaches* Alpine Energy not a 'cash cow' Timaru mayor Damon Odey tells subdued meeting* Alpine Energy a good investment, say stockbrokers* Alpine Energy considers planning 50 years in advance, after new electricity report* Alpine Energy defends condition of network after Commerce Commission reportHowever, power companies could decide to absorb the cost and already Geneis Energy has already confirmed to Stuff there would be no changes to South Canterbury users' power bills as a result of the increases. Alpine Energy chief executive Andrew Tombs said the decision to increase delivery charges had not been made lightly. Since 2016, Alpine Energy has spent more than $76 million on assets. Late last year, Alpine Energy was at the centre of a controversial proposal by TDHL.

Source: Stuff February 25, 2019 03:19 UTC