Vector

Commerce Commission deputy chair Sue Begg

ComCom confirms reduced rates of return for network monopolies

Thu 30 Oct 14 3

The Commerce Commission has confirmed it is reducing the allowable rate of return on capital for regulated electricity and gas network monopolies.

David Shearer (TVNZ): Transpower dividend cash, not power bill hikes, should be used to fund network upgrade

UPDATED: Auckland blackout, day 3: Vector warns of more outages

Tue 7 Oct 14

Vector says Orakei, St Heliers and Remuera may lose electricity this afternoon through to this evening | Shearer says Transpower dividend cash rather than price rises should be used to fund any network upgrade | Former Vector & Transpower chairman blames sprinkler failure, lack of engineering experience around boardroom.

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