Data from the Ministry of Business, Innovation and Employment (MBIE) released on Friday shows the average New Zealand annual power bill has reached an 11-year low. The 2020 average annual bill was lower than in 2017 and 2018, when average consumption was lower. The survey also outlined levels of customer satisfaction between power companies. SUPPLIED Jon Duffy, Consumer NZ chief executive, says late payment fees are often disguised as prompt payment discounts. Late payment fees were often disguised as prompt payment discounts, which acted as penalties for people who didn't pay on time, Duffy said.

Source: Stuff June 19, 2020 17:00 UTC