Energy

The form of regulatory oversight being proposed by the Commerce Commission for Transpower is not dissimilar to that provided under an administrative settlement that expires in mid-2011.

Another electricity retailer is eyeing Dunedin as part of a southern expansion that could take it as far south as Invercargill.

Dunedin business customers mistakenly offered drastically discounted power if they agreed to switch to Mercury Energy want more time to consider the company's latest offer.

The commercial practices of energy generators were put under the microscope at a commerce select committee meeting in Parliament today.

People used less electricity in Dunedin, Central Otago and the Wakatipu last month than in May 2009 as the region enjoyed a warm start to winter.

Southern coal-seam gas (CSG) explorer L&M Energy is working with an Invercargill trucking and service station company on possibly using liquefied natural gas (LNG) from its prospects near Ohai

Horizon Energy Distribution Ltd has reported a net profit after tax of $5.9 million for the year ended March 31, up 14.6 percent from the $5.15m in the same period last year.