Ep01 Ed Miller on electricity margins and missing data
The first episode will be looking at the recent absence of some numbers in the electricity market with Ed Miller, a Researcher at CICTAR. Craig and Ed uncovered that the government has stopped collecting data on electricity company margins – just at the same time that energy prices are rising again for winter.Together with the removal of data on the number of households in energy hardship, Kiwis can now find out much less about how the electricity market is working for them, or vulnerable clients. The last set of data was produced in December 2024. It showed that the operating margin for electricity (the difference between the cost of generation and the price paid by customers) reached 92%. Meaning that for every dollar of electricity bill, only 8c was the direct cost of generation.
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Locked Out with Craig Renney
CTU Economist 's new podcast will delve into the numbers each week to explain what they all mean to the NZ public
Economist Craig Renney gives weekly insights into the numbers that we hear about from the government, Craig will cut through the noise and translate what all those massive governmental numbers mean for the average Joe and Jane.
New Zealand