Electricity Authority has come down hard on Tiwai point trying to cut cheap deals on their power.

The EA will now require approval before any power company wants to make a 'big low price deal'

Though, they have confirmed that the smelter's 2021 deal with Meridian and Contact, believed to be less than 4 cents a unit, won't be affected by the ban.

Murray Ellis is an electricity consultant and joined Mike Hosking.

LISTEN ABOVE

Electricity Authority has come down hard on Tiwai point trying to cut cheap deals on their power.
The EA will now require approval before any power company wants to make a 'big low price deal'
Though, they have confirmed that the smelter's 2021 deal with Meridian and Contact, believed to be less than 4 cents a unit, won't be affected by the ban.
Murray Ellis is an electricity consultant and joined Mike Hosking.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.