Nats lied – power prices to rise

36 comments on “Nats lied – power prices to rise ”

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1. higherstandard 1

   15 August 2012 at 9:12 am

   The question that really needs to be asked is why are power charges considerably less over the other side of the Tasman ?
   • Kotahi Tāne Huna 1.1

     15 August 2012 at 9:20 am

     The question that must be asked first is: do you have a source for that, since here’s one that flatly contradicts you.
     • Chris 1.1.1

       15 August 2012 at 9:58 am

       That link doesn’t seem too accurate. It has the cost of an internet plan in NZ with 6mbps and unlimited data at US$49.95 per month. If that is a real plan could someone let me know who for so I can change to it.

       Edit: Don’t worry just found out anyone can change the information in there.
   • Lanthanide 1.2

     15 August 2012 at 9:45 am

     Could be something to do with them getting most of their power from coal. Just a guess.
     • tc 1.2.1

       15 August 2012 at 9:59 am

       Also they lack all the expensive ‘compliance’ that strangles each component here we had a More cost effective system under the old NZED.

       The shitfights between grid and lines companies, the laughable retail structure and more.
       Private interests wants the maximum return possible rather than strengthen the network and then you have 3 sets of auditors and matching legal bandwidth to protect your arse.
       • Draco T Bastard 1.2.1.1

         15 August 2012 at 12:01 pm

         Yep, private competition drives prices up due to duplication of bureaucracy, increased auditors for compliance and then there’s the dead weight loss of profit.
   • Dave 1.3

     15 August 2012 at 1:59 pm

     They aren’t, they are much higher, especially considering that GST is higher here. They will be going even higher with the carbon tax too.
2. marsman 2

   15 August 2012 at 9:30 am

   ‘Is it even news when this government lies these days’- They have been lying since before they slimed their way into power. It would be news if they actually told the truth about something, anything. Wonder how their children will turn out with parents who lie for a very comfortable living, something for them to aspire to?
3. Tracey 3

   15 August 2012 at 9:31 am

   But it’s just a lie. Contrarian yesterday spent alot of his day on another lie saying “who cares.”

   They lie and lie with impunity. It would be great to get a whistle blower revealing exactly how much Nation spends on pr advisors etc…,

   yet again, well done the GREENS, Labour continues to coat-tail them, but they are leading the challenge of this government on FACTS
   • TheContrarian 3.1

     15 August 2012 at 9:37 am

     Because a white lie to a small town newspaper in America is a complete
     non-event you worthless ass-hat.

     Oh yeah, and go fuck yourself clownshoes.

     [Contrary is fine. Mindless personal abuse isn’t welcome. r0b].

     Fuck off Rob.
     • Kotahi Tāne Huna 3.1.1

       15 August 2012 at 9:56 am

       I suspect this may be a short conversation, but whatever you think about yesterday’s lie, this one is significant, and seems to have been repeated in Parliament.
       • TheContrarian 3.1.1.1

         15 August 2012 at 10:00 am

         Yes, this one means something. A single comment, unquoted and out of context means very little. You worthless cretins should know the difference.
         • Pascal's bookie 3.1.1.1.1

           15 August 2012 at 10:14 am

           For a post-grad politics type person you sure are ignorant about politics.

           Having my doubts about your honesty old bean.
           • TheContrarian 3.1.1.1.1.1

             15 August 2012 at 10:16 am

             Luckily it matters not whether you believe me or not.

             What the fuck do I care about some nameless wretched scumbag with shit for brains questioning my studies?

             Believe what you will, old bean. 

             [TheContrarian is clearly aiming for self-inflicted martyrdom, and I am happy to oblige. You’ll be welcome back in a week if you want to be contrary without the potty-mouth. r0b]
             • Pascal's bookie …

               15 August 2012 at 10:30 am

               I se you still can’t parse for shit.
               • TheContrarian …

                 15 August 2012 at 10:34 am

                 Oh well.
                 • McFlock …

                   15 August 2012 at 2:50 pm

                   awww – you finally got your ban. You can show your face at KB with honour.
                      
                   Although ISTR you were bucking for a full month. 
                   • felix …

                     15 August 2012 at 7:30 pm

                     A miserable failure, in death, as in life.
4. shorts 4

   15 August 2012 at 9:34 am

   does anyone think for a second the public believe(d) the line that prices wouldn’t go up?

   except for the faithful media reporters who couldn’t ask an insightful question if it was written down for them

   Still maybe they’ll drop when the Bluff aluminium smelter closes due to a huge over supply

   http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10826027
5. AmaKiwi 5

   15 August 2012 at 9:36 am

   How stupid does a government have to be to sell its infrastructure! Calling power companies “assets” is a public relations trick to make them sound like shares.

   The only conclusion I can come to is Key & Co. are stupid or thieves. Please, someone offer another explanation. (P.S. Since they are getting away with it, I am not inclined to think they are stupid.)
   • tc 5.1

     15 August 2012 at 9:52 am

     Nope they are swindling nz and are far from stupid with the cunning and spin provided mostly at our expense from all these consultant mates of theirs.
   • David H 5.2

     15 August 2012 at 8:42 pm

     In my book THIEVES.
6. AmaKiwi 6

   15 August 2012 at 10:58 am

   David Parker, get some balls.

   Don’t say Ryall’s statement was “outrageous,” say Ryall is a “Liar.”

   That would get a headline and some debate in the media.

   Too much pussyfooting by the Labour front bench . . . as usual.
   • Tom Gould 6.1

     15 August 2012 at 12:25 pm

     AmaKiwi, there was once a time when a senior Minister lied to the House and to the media they would have been ridiculed and lost their job. Seems lying is commonplace with these Tories, it is no longer news. The MSM is so embedded with these Tories now, they are actually part of the deception.
     • Matt 6.1.1

       15 August 2012 at 1:45 pm

       NZ government consistently ranks high in perceived “transparency”, only after living here a few years does it seem clear what that meant.
   • tracey 6.2

     15 August 2012 at 5:38 pm

     I thought transparency was having more than one family?
7. captain hook 7

   15 August 2012 at 1:52 pm

   of course power prices will rise.
   how can they make any money if they dont keep raising prices.
8. Dave 8

   15 August 2012 at 1:56 pm

   There is some egregious selective quoting going on there. Ryall said in Parliament that the error about the number of customers – “the calculations assumed Mercury Energy has 19,188 customers when, in fact, it has 364,600 customers” – was only one of a number of errors, and that “taking into account the full range of payment method and payment time discounts—and, frankly, in the real world that is what you do—officials advised a different result. Those figures [government-owned vs privately-owned retailers] are $2,113.60 and $2,101.60. The private electricity companies are cheaper by $12 a year”.
   • Draco T Bastard 8.1

     15 August 2012 at 3:07 pm

     You’re talking out your arse. The OIA information has the Treasury saying that the research wasn’t far wrong. The private companies were still significantly more expensive than the SoEs.
     • Dave 8.1.1

       15 August 2012 at 3:34 pm

       The parts I quoted are what Ryall actually said in Parliament on the 20th of June, according to Hansard. He said he was relying on two pieces of advice from the Ministry of Economic Development, not Treasury, so those are the documents that should have been OIA’ed.

       He also said “Using the assumptions made by Mrs Melhuish, and correcting the errors, the latest available data, I am advised, has the two figures as $2,113.60 and $2,332.00. ” In other words private companies were $218 more expensive by that measure, but taking prompt payment discounts etc. into account, they were cheaper.
       • Draco T Bastard 8.1.1.1

         15 August 2012 at 5:52 pm

         The SoEs also have prompt payment discounts etc so it still sounds like the private companies are more expensive.
         • Dave 8.1.1.1.1

           15 August 2012 at 7:04 pm

           Contact’s discount is 22%, much higher than Meridian which is around 10-12% as I recall. Coincidentally the price difference before discounts ($218) is around 10% of the yearly total.
           • Crashcart 8.1.1.1.1.1

             15 August 2012 at 10:48 pm

             Prompt payment discounts only make power bills cheaper for those who earn enough money to ensure the power can go out straight away. As usual those on lower incomes living week to week often get behind and so pay more for their power. Yea really fair of the government to take into account those prompt payment discounts when deciding on policy that takes assets away from those same low income earners to sell to rich ones.
9. Tracey 9

   16 August 2012 at 8:02 am

   It’s often been said that the discounted rate is the actual rate, if you like, and those who don’t pay early get penalised… prettily packaged the other way round…
   • crashcart 9.1

     16 August 2012 at 8:56 am

     Never made much sense to me that those who are struggling the most have to pay more. Even from a buisness sence. If a person can’t pay the discounted rate what in the hell makes them think charging a higher amount is going to allow them to pay. It’s like punishment for earning less as though earning less isn’t punishment enough in itself.
10. captain hook 10

    16 August 2012 at 8:21 pm

    they lie about everything.
    you cant flog a dead horse to a texas ranger unless you lie.

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