Covid-19: Power company's price hike 'opportunistic' and 'ill-timed' - News Summed Up

Covid-19: Power company's price hike 'opportunistic' and 'ill-timed'


Photo: Getty ImagesA power company has gone ahead with a planned price increase during the lockdown, with one customer saying it seems "opportunistic" during Covid-19. The increase went ahead as planned on April 20. They're going to be making gains from that and then on top of that they're putting the price up just to use power. In the letter, Nova cited a rise in metering, transmission and network costs as reasons for the increase. He also threatened to switch companies if the rise went ahead.


Source: Otago Daily Times May 01, 2020 03:45 UTC



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