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Thread ID: 127635 2012-11-04 00:31:00 Sooo power price are on the way down wotz (335) PC World Chat
Post ID Timestamp Content User
1310330 2012-11-04 00:31:00 www.stuff.co.nz

Is there a pig flying past?
If consumers ever see a price drop, it will only be a fraction of the real drop.
wotz (335)
1310331 2012-11-04 00:34:00 My mate hopes that is not the case, he has just spent 20 K installing a system where by they pay him for the the electricity he produces. Cicero (40)
1310332 2012-11-04 04:11:00 Yes I can see a Tui Bill Board.

But really they should come down by about 20%
Digby (677)
1310333 2012-11-04 20:12:00 This was news the day after I got notification of an increase in power prices from Meridian. The second this year :mad::mad::mad: Arnie (6624)
1310334 2012-11-04 20:38:00 I remember in 1998 Max Bradford promised that his privatisation of Power Companies would reduce Power prices through competition. :lol:

14 years on and we’re still waiting. :crying
B.M. (505)
1310335 2012-11-04 21:54:00 Tiwai alumnium is notching back on it's huge power consumption, leaving Meridian with a large helping of surplus (ie cheap) power.
Being Hydro power it is also clean and free of CO2 issues, unlike all the gas, coal and oil generators, so there's room for Meridian to dump a lot of cheap power onto the grid.

I think what they're more likely to do is deal some lessons to the people who've entered long term fixed price contracts with Mercury (with $150 fee if broken).

Meridian will drop prices to their own consumers which the others will be unable to match. Customers will dump Mercury at great pain to themselves, and Meridian will bask in Mercurys pain, coming out looking like the good guys.
Paul.Cov (425)
1310336 2012-11-04 23:37:00 Tiwai alumnium is notching back on it's huge power consumption, leaving Meridian with a large helping of surplus (ie cheap) power.
Being Hydro power it is also clean and free of CO2 issues, unlike all the gas, coal and oil generators, so there's room for Meridian to dump a lot of cheap power onto the grid.



If it's so clean and green why are we paying an ETS tax on it??
paulw (1826)
1310337 2012-11-05 01:08:00 One day I will crack how to get electricity from the molten earth's core.

Remember its my idea!
Digby (677)
1310338 2012-11-05 01:29:00 Bet Apple will be able to prove you stole the idea. ;) R2x1 (4628)
1310339 2012-11-05 02:24:00 I doubt prices will come down when their running costs will still be the same. In reality they should go up. Gobe1 (6290)
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