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The Consumer Advocacy Council is calling on the Electric Authority to step up to ensure power companies are being transparent.Â
NZIER research reveals the rules intended to shine a light on whether the big electricity companies are inflating prices, aren't working.Â
Gentailers —companies that both generate and sell electricity— are required to disclose the price they use internally to sell power to their retail arms. Â
Consumer Advocacy Council Chair Deborah Hart told Mike Hosking that gathering this information isn't enough.Â
She says to make proper sense of the data, the Electric Authority needs to make a pricing benchmark.Â
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