The aim of the proposed Code changes that support the Energy Competition Task Force’s Package Two initiatives 2A, 2B and 2C is to change some of the electricity industry rules to give people on standard power plans (individuals and businesses) more control over their power use and costs.
The new rules would make sure:
- large retailers offer a pricing plan that gives consumers cheaper rates for off-peak electricity
- the price retailers pay to people who sell power to the network from solar systems reflects the true value of that power.
The new rules is said to benefit all New Zealanders over time, because less demand on the electricity system leads to lower lines costs, which we all pay through our power bills.
More info on this submission can be found here.
The Submission group of the Forum answered to this consultation and sent the following submission: 2025-03-25 NTCF submission electricity prices