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NZ Power Bills Skyrocketing | Auckland News
Household power bills in New Zealand have soared nearly twice as fast as inflation over the past 27 years, forcing over 30,000 homes into blackouts last year. Consumer NZ blames the dominance of “gentailers”—big energy companies that control both generation and retail—leading to inflated prices that ignore actual costs. The country’s over-reliance on imported fuels and outdated pricing models that favor expensive fuels over abundant renewables worsen the crisis. To fix it, they propose reducing gentailers’ market power, aligning prices with real generation costs, boosting local energy…
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