close
MENU
How to guide
How to guide
Home
The NBR List
NBR View
NBR Marketplace

Categories

Australia Business Comings and Goings Economics Investment Law NZ Aviation News Politics Professional Services Property Retail Tech & Innovation

Analysis

All Economy Matters Edwards on Politics Hunter’s Corner Last Word Margin Call On the Money Shoeshine Underarm NBR Focus

Featured

NBR View Audio Articles Entrepreneurs Your Business Beehive Banter Morning Brew Toil & Trouble NZ Aviation News Back Issues Market Outlook Dollars & Sense Private Bin Opinion (Archive) NBR Radar (Archive) NBR Rich List (Archive)
Business
4 mins to read

Price reset the fix for 2019 'undesirable trading situation'

Electricity Authority’s final decision brings the 20-month case to an end.

Reweti Kohere Tue, 17 Aug 2021

The Electricity Authority has confirmed a reset of wholesale electricity prices is the best way to correct the undesirable trading situation (UTS) in late 2019 that cost customers $80 million.

The electricity industry’s regulator on Tuesday double-downed on a proposal to reset and cap

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
View terms and conditions.
Individual
Group membership
NBR Marketplace
NZ Aviation News

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Aviation News - Monthly

NZ$14.95 / monthly

Already have an account? Login
Reweti Kohere Tue, 17 Aug 2021
Contact the Writer: reweti@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
Business Electricity Authority undesirable trading situation Meridian Energy Contact Energy
Related News
Business
10

Electric Kiwi claims undesirable trading situation against Genesis, Contact
Business
1

Electricity Authority finds Meridian, Contact did not breach good conduct rules
Business
3

Meridian, Contact face big bills to correct UTS
Related News
Business
10

Electric Kiwi claims undesirable trading situation against Genesis, Contact
Business
1

Electricity Authority finds Meridian, Contact did not breach good conduct rules
Business
3

Meridian, Contact face big bills to correct UTS
Price reset the fix for 2019 'undesirable trading situation'
Business,
88545
true
Subscribe Login