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ID Power’s prudential failures halt minnow’s wholesale trading

Electricity Authority directs questions over payment inability to the King Country retailer.

Reweti Kohere Thu, 13 May 2021

Power minnow ID Power has stopped trading on the wholesale market and has until next Friday to top up mandatory minimum prudential payments after failing to meet its obligations.

Customers of the King Country retailer have been advised they have seven days to choose a new power company,

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Reweti Kohere Thu, 13 May 2021
Contact the Writer: reweti@nbr.co.nz
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ID Power’s prudential failures halt minnow’s wholesale trading
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