The Energy Minister says he's focused on making sure Kiwis pay reasonable prices for power.

The Government's released its Policy Statement on electricity - outlining the role of the Government and the Electricity Authority.

Simeon Brown says their role is ensuring correct market settings - and enabling private investment.

He says the Authority's job is driving a more competitive sector that avoids excessive prices.

Brown told Francesca Rudkin they don't want the Authority concerning themselves with things they don't need to.

“The Electricity Authority needs to ensure that they are focused on competition, affordability and security of supply, and that they’re not focused on what type of fuel is actually being used.”

LISTEN ABOVE

The Energy Minister says he's focused on making sure Kiwis pay reasonable prices for power.
The Government's released its Policy Statement on electricity - outlining the role of the Government and the Electricity Authority.
Simeon Brown says their role is ensuring correct market settings - and enabling private investment.
He says the Authority's job is driving a more competitive sector that avoids excessive prices.
Brown told Francesca Rudkin they don't want the Authority concerning themselves with things they don't need to.
“The Electricity Authority needs to ensure that they are focused on competition, affordability and security of supply, and that they’re not focused on what type of fuel is actually being used.”
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

Simeon Brown: Energy Minister says the Electricity Authority doesn't need to worry about things they don't need to

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b746dee7-6921-41b6-b7d4-b2060048aeb3/transcript

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