Podcasts Other The Mike Hosking Breakfast Alison Andrew: Transpower Chief Executive on the increase in the company's transmission charges

Alison Andrew: Transpower Chief Executive on the increase in the company's transmission charges

Published: Nov. 21, 2023, 6:52 p.m.

An increase in Transpower's transmission charges looks to be on the cards.\xa0

The state-owned enterprise has submitted its proposed spending to the Commerce Commission for the five years starting April 2025.\xa0

The charges would rise from 8% to 10% of the average household electricity bill, or about $7 a month.\xa0

Chief Executive Alison Andrew told Mike Hosking that it would help pay for the near $5 billion costs ahead for the national power grid.\xa0

She says it will pay for upgrades to ageing assets nearing the end of their life, which would ensure the safe and reliable performance of the grid.\xa0

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