Electricity retailer stops taking new customers until govt regulates market

Author
Newstalk ZB,
Publish Date
Thu, 22 Jul 2021, 9:45AM
(Photo / File)
(Photo / File)

Electricity retailer stops taking new customers until govt regulates market

Author
Newstalk ZB,
Publish Date
Thu, 22 Jul 2021, 9:45AM

Flick Electric is pressing pause on taking on new customers over the state of the country's power market.

The independent retailer will continue to supply its existing 27-thousand power customers.

Chief executive Steve O'Connor told Mike Yardley they're being forced to stop growing because power is too expensive to buy in a wholesale market.

“This is about the electricity market in New Zealand and the fact that it’s not a level playing field, we’re calling on the Government to take action.”

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