Hammerer:

 

tdgeek:

 

MikeB4:

 

tdgeek:

 

Ok, lets stick to letting the market manage itself, that works well for electricity and petrol. At least with electricity, the prices are extremely transparent. You can see all the plans and prices, some give the breakdown for these prices and levies, its not hard to make discounts illegal and watch them. There are enough innovators and competition, especially as the smaller ones will have it easier than they do now, and they already do ok now. But of you feel that all of these  power companies, as a group, have it all over whatever Government is in place, well we may as well just de regulate everything. And the poor can worry about themselves. Thats not really fair

 

 

Been there done that, I think I still have the tee shirt.Beware of Labour governments bring promises of glad tidings with power reforms. Another Labour government promised fair and affordable power with reforms and delivered, errrr higher cost power for all.  The way to make power or anything more affordable is for the government to encourage and assist in building a high growth, full employment economy with good earning potential and higher wages. Regulating pricing structures will not achieve this.

 

 

Right now we have full employment and growing wages. The review was not to regulate prices. It was to remove fake discounts and fake credits that are used to gain market share at the expense of the poor who cannot manage keeping up with the fake discounts and fake credits that they end up paying for. You are blaming Labour, thats fine, but power prices increases exceeding inflation have been around for a long time. I guess National will fix this. But to suggest that we just add high growth, add high employment, add high wages and automatically its all sorted is odd.

 

Next year, I will ask the politicians for what they will do and they will all  say " we will add high growth, add high employment, add high wages"

 

We will stick to the electricity market managing us

 

 

Get a room. This argument appears to be way off-topic for a Genesis power shout discussion? 

 

But this would make a good start for a topic on the Electricity Price Review 2018-2019.

 

Dont tell me to get a room! But yes, you are right, apologies.