OPINION: The Government is seeking to channel competition in the electricity market by retrofitting former national minister Max Bradford's market-oriented reforms to meet its own social agenda. Much of the immediate reaction to the Government's power plan has been positive. SUPPLIED The Government believes its rewiring of the electricity market will lead to lower power bills, but it plans to check on that after the election. The majority of consumers are on power plans that offer low fixed daily charges for electricity in return for a higher kilowatt-hour charge. The arguments for and against phasing out low-usage plans are varied and complex, and arguably the most sensible outcome might be a compromise that saw low-usage plans retained in a weakened form.

Source: Stuff October 03, 2019 02:26 UTC