LISTEN LIVE TO NEWSTALK ZB

Newstalk ZB

ON AIR NOW

Keep up with
Newstalk ZB

Follow Us

  • Facebook
  • Twitter
  • YouTube

Select region

Site Search

Search Search

Mercury cuts Auckland power prices

Share |

Business News | Tuesday January 22 2013 8:31

Mercury cuts Auckland power prices

Electricity prices are going down, for some

Mercury Energy, the retail arm of Mighty River Power, has announced a one-percent reduction for customers in Auckland.

Newstalk ZB business correspondent Roger Kerr says it'll take effect from April 1.

He says it's not due to market prices dropping.

"The price reduction is due to the network company Vector being forced to cut its prices by the Commerce Commission."

Roger Kerr says the last time power went down was in 2003.

Photo: Stock.xchng

Advertisement
I Heart App
Advertisement
  • Owner of Kaitaia backpackers bailed

  • MLB: Royals level World Series at 1-1

  • Rugby: Kurtley Beale faces date with destiny

  • Canada says it won't be intimidated by attacks

  • Speaker takes PM to task for dodging questions

  • McCully tops ministerial expenses list

  • Auckland Weather

    14°
    Today
    Showers
    H:18° L:12°
    Click for More Weather
    More Weather

    Labour leadership race

    Who should lead Labour?

    Vote Now

    View Results

    Advertisement