There's hesitation around moves to beef up regulations guiding electricity gentailers.

From July, the big four gentailers mustn't give their retail arms better deals on power contracts than independent companies.

Penalties for serious breaches are also ramping up. 

Electric Kiwi CEO Huia Burt says this is a good start, but she sees a remaining problem.

"We're asking those gentailers to act in a way that is in opposition to their commercial incentives, and those are - keep supply tight, keep competition out and keep prices high." 

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There's hesitation around moves to beef up regulations guiding electricity gentailers.
From July, the big four gentailers mustn't give their retail arms better deals on power contracts than independent companies.
Penalties for serious breaches are also ramping up.&nbsp;
Electric Kiwi CEO Huia Burt says this is a good start, but she sees a remaining problem.
"We're asking those gentailers to act in a way that is in opposition to their commercial incentives, and those are - keep supply tight, keep competition out and keep prices high."&nbsp;
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Huia Burt: Electric Kiwi CEO on the big four power gentailers facing new regulations

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e4f5a9cc-ba08-43ed-b464-b4560060224f/transcript