Lines company Aurora Energy is increasing its line charges by
7.3% next month.
The Dunedin-based company cited increased transmission
charges as the main reason for the price hike, which takes
effect on April 1.
If retailers passed on the increase to consumers, an average
household would pay an extra $3.88 a month.
''The actual increase is at the discretion of the electricity
retailer and will vary according to the type of connection,
annual consumption and location on the Aurora Energy
network,'' a media statement said.
Chief executive Grady Cameron said the distribution price
component of Aurora line charges would increase on average by
Aurora services about 84,000 connections in Dunedin and
''The ongoing investment provides the essential
infrastructure underpinning the social and economic wellbeing
of our community. Aurora Energy is committed to making the
necessary investment to ensure secure, reliable electricity
supplies for consumers today and the future.
''In the past three years, we have made significant upgrades
to supply at Queenstown, Frankton, the Remarkables, Cardrona
and Dunedin. Last year alone, we invested $18.5 million in
the network, and a further $20 million to $25 million annual
investment is planned on average each year for the next 10
years,'' he said.