KCE power up 90% for some

Ruapehu Bulletin, Volume 10, Issue 446, 28 July 1992, Page 5

KCE power up 90% for some

King Country Energy's tariffs are likely to rise by an average five percent in October as the board continues its tariff rebalancing to remove cross subsidisation of domestic customers by non-domes-tic. As a result, domestic customers face the possibility of the biggest average rise of nine percent, while most nondomestic customers will have around two percent added to their power bills if the proposed tariffs are ratified. Larger customers are likely to be paying up to 10 percent less. The proposed average

domestic increase could have been up to 20 percent, had the board not resolved earlier in the year to spread the tariff rebalancing over threeyears.

King Country Energy's customers will still be paying the lowest domestic tariff in the country. If ratified at the August King Country Energy meeting, the

proposed increase will take the average monthly domestic power bill to $63, a rise of around 10c per day. King Country Energy's proposed increase

includes a 4.5% unit rate rise from ECNZ, and will provide the funds needed to fund urgent maintenance and replacement work to improve the reliability of supply.