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General Business
4 mins to read

Price reset the fix for 2019 'undesirable trading situation'

Electricity Authority’s final decision brings the 20-month case to an end.

Reweti Kohere Tue, 17 Aug 2021

The Electricity Authority has confirmed a reset of wholesale electricity prices is the best way to correct the undesirable trading situation (UTS) in late 2019 that cost customers $80 million.

The electricity industry’s regulator on Tuesday double-downed on a proposal to reset and cap

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Reweti Kohere Tue, 17 Aug 2021
Contact the Writer: reweti@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Business Electricity Authority undesirable trading situation Meridian Energy Contact Energy
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