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New Zealand First will take steps to ensure that electricity is delivered to all New Zealanders at the lowest reasonable price that is consistent with the maintenance of a viable industry. The first step will be the creation of a state owned company to acquire the assets of all state owned energy companies and to merge their operations.

New Zealand First will:

  • Seek to re-establish New Zealand ownership of key infrastructure.
  • Seek to minimize the environmental costs of generating electricity whilst facilitating continuity of supply.
  • Ensure that applications for energy projects undergo a streamlined process directly through the Environment Court.
  • Introduce a system of bulk purchase of electricity at wholesale prices to enable a 10 per cent discount for SuperGold cardholders. This would operate on a similar basis to Powershop.
  • Support the introduction of energy savings products.
  • Provide incentives for ongoing investment in electricity generation, with a particular focus on local generation where feasible.
  • Ensure that barriers to competition are identified and removed within both the electricity retail and wholesale sectors and support changes to the Commerce Act to strengthen the regulatory framework.
  • Consider a range of incentives for reducing energy demand in times of restricted low supply.
  • Evaluate the fixed line charging regime with a view to ensuring smaller domestic consumers are not disadvantaged.
  • Introduce greater transparency and require the full disclosure of line and other fixed charges on energy bills.
  • Ensure that energy efficiency measures are encompassed by the wider energy policies of Government.

ENERGY

New Zealand First's energy policy is based on four basics aims: to guarantee security of supply; to achieve greater investment in the industry in order to produce more electricity; to facilitate energy efficiencies; and, to ensure that energy is supplied at a fair and reasonable price.

New Zealand First will:

  • Explore the ongoing feasibility of energy options as technology and availability makes them practicable.
  • Ensure that applications for energy projects undergo a streamlined process directly through the Environment Court.
  • Buy back and merge the three generating SOEs and change their mandate to ensure the delivery of affordable electricity, greater security of supply, and vastly improved planning and development of capacity.
  • Introduce greater transparency and require the full disclosure of line and other fixed charges on energy bills.
  • Ensure that energy efficiency measures are encompassed by the wider energy policies of government.
  • Amend the RMA to provide for a more rapid consents process for infrastructure projects, while ensuring local input is preserved.  

Rt Hon Winston Peters MP on this policy

"New Zealand First will take steps to ensure that electricity is delivered to all New Zealanders at the lowest reasonable price that is consistent with the maintenance of a viable industry. The first step will be the creation of a state owned company to acquire the assets of all state owned energy companies and to merge their operations."