The big power companies are officially on notice, with electricity prices under scrutiny. 

Household bills are climbing an average 8% this year – the same as last year.  

But profits for the big four gentailers spiked 42% in the six months to December.   

Electricity Retailers and Generators Association Chief Executive Bridget Abernethy told Mike Hosking the reliable and modern power delivery Kiwis expect comes at a cost.  

She says a range of factors are occurring together, requiring an increase in spending.  

LISTEN ABOVE 

The big power companies are officially on notice, with electricity prices under scrutiny.&nbsp;
Household bills are climbing an average 8% this year – the same as last year. &nbsp;
But profits for the big four gentailers spiked 42% in the six months to December. &nbsp;&nbsp;
Electricity Retailers and Generators Association Chief Executive Bridget Abernethy told Mike Hosking the reliable and modern power delivery Kiwis expect comes at a cost. &nbsp;
She says a range of factors are occurring together, requiring an increase in spending. &nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Bridget Abernethy: Electricity Retailers and Generators Association CEO on the Electricity Authority questioning power price hikes

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/06167198-8f00-4212-97e8-b43a016b41d2/transcript