The Energy Minister says new rules for the electricity sector can't come soon enough. 

The Electricity Authority's proposing changes to give independent power companies the same access to prices and hedge contracts. 

Simon Watts hopes that will create a more level playing field. 

Power companies are hiking prices, and Watts told Mike Hosking things could get worse as we head into winter. 

He says conditions are dry, lake levels are lower than they were this time last year, and we still have a gas shortage. 

Watts says the situation is acute and he's worried. 

LISTEN ABOVE 

The Energy Minister says new rules for the electricity sector can't come soon enough.&nbsp;
The Electricity Authority's proposing changes to give independent power companies the same access to prices and hedge contracts.&nbsp;
Simon Watts hopes that will create a more level playing field.&nbsp;
Power companies are hiking prices, and Watts told Mike Hosking things could get worse as we head into winter.&nbsp;
He says conditions are dry, lake levels are lower than they were this time last year, and we still have a gas shortage.&nbsp;
Watts says the situation is acute and he's worried.&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

Simon Watts: Energy Minister on the proposed changes to the electricity sector

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8cc98de2-9444-4b21-8601-b291013e7db2/transcript

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