By Edwin MitsonThe Commerce Commission's review of household contracts with electricity and gas suppliers has found 59 terms it considers unfair to consumers. That law bans unfair contract terms on standard form consumer contracts. The contracts offered by Mercury Energy, Contract Energy, Meridian Energy, Powershop New Zealand, Trustpower, Genesis Energy, Pulse Energy, Nova Energy and The Lines Company were all examined. All nine providers had terms the Commerce Commission viewed as being unfair to consumers. The commission has closed its investigation, saying the companies have addressed each of the clauses the commission considers to be potentially unfair.

Source: New Zealand Herald August 30, 2016 04:52 UTC