Deborah Hart: Consumer Advocacy Council Chair on the need for more transparency from electricity companies

Published: June 12, 2024, 9:53 p.m.

The Consumer Advocacy Council is calling on the Electric Authority to step up to ensure power companies are being transparent.\xa0

NZIER research reveals the rules intended to shine a light on whether the big electricity companies are inflating prices, aren't working.\xa0

Gentailers \u2014companies that both generate and sell electricity\u2014 are required to disclose the price they use internally to sell power to their retail arms. \xa0

Consumer Advocacy Council Chair Deborah Hart told Mike Hosking that gathering this information isn't enough.\xa0

She says to make proper sense of the data, the Electric Authority needs to make a pricing benchmark.\xa0

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