Fixed-price power a 'one-way bet'SIMON MAUDE/FAIRFAX NZ Most fixed-term contracts still allow increases in network costs to be passed on. Households are being warned that taking a fixed-price deal from their power companies could be a one-way bet. CHRIS COAD/FAIRFAX NZ Consumer NZ chief executive Sue Chetwin is wary of fixed-price power deals. Strong competition in the electricity market was likely to limit price increases, she said. But it says prices will change if the network increases its prices, or there are changes to levies, taxes or regulations.

Source: Stuff June 24, 2017 23:58 UTC