Govt stops short of major energy shakeup

[harm_less]

Well - of course it does.

Love that phrase 'Shortages "pushed up" wholesale power prices.'

Nah; greed 'pushed' them up.


https://www.rnz.co.nz/news/political/574...asset-sale


And Unions have called for the return of electricity generators to public ownership. Zero chance this govt will do that.

https://www.rnz.co.nz/news/political/574...-ownership

Once again our government dithers while the damage just keeps on happening. 

Today's lack of effective management of the electricity crisis NZ is facing is just more fuel to drive the uptake of domestic solar. Every electricity price increase makes the return on investing in 'rooftop' solar all the better and the sellers of solar are certainly run off their feet to an increasing degree presently. 

The problem though with effectively incentivising solar by making the alternative the ever more expensive option is that this method of avoiding skyrocketing electricity prices is only available to those that can afford the ingoing capital expenditure to do so. Those less financially able are left to shoulder those electricity bills so solar becomes a 'rich people's' option.