Vote will decide who controls price you pay for electricity
The electricity sector will be in for radical upheaval if there is a change of government.
Power bills have been rising relentlessly. Electricity prices rose 12.1 per cent over the three years to June, according to Statistics New Zealand's consumers price index. That outstrips the cumulative rise in the average wage (7.7 per cent) and general inflation (3.3 per cent) over the same three-year period.
The two sides of politics are divided on how best to rein that in -- competition or regulation.
A Crown Loan helped Rotorua Girls High School install energy efficient lighting in their gymnasium (Arena). As a result, the school now save $2,500 per year in energy costs.
The energy efficient technology installed also provides longer lamp life and less maintenance, resulting in additional savings as accessing light fittings in the high ceiling gymnasium is a costly exercise.
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