ComCom says it will probably let Powerco raise prices
Powerco will be allowed to spend $1.27 billion over the next five years
Jenny Ruth Thu, 16 Nov 2017
The Commerce Commission has provisionally decided to allow Powerco to raise its prices by 4.4% initially, with annual increases in line with inflation to compensate it for the cost of replacing ageing assets in its electricity lines network and to cope with population growth.