The outcome of the Electricity Authority’s (EA) Transmission Pricing Review (TPM) comes as no surprise to Vector and
leaves electricity consumers worse off at a time when many Kiwi households are already feeling the sting of an economic
recession.
The EA’s reforms will be particularly painful for households, as the regulator’s chosen methodology disadvantages
geographical areas furthest away from existing generation sources predominantly located in the South Island.
Even though Vector can pass these charges directly through to consumers, we have worked extremely hard to seek fair and
affordable prices for everyone. Unfortunately, on this occasion we have been unsuccessful, but this won’t stop us
representing what is right for New Zealand energy consumers.