12 Jul 2013

Electricity prices up 3% in 12 months to May

7:00 am on 12 July 2013

The Ministry for Business, Innovation and Employment says residential electricity prices increased by 3% in the 12 months to 15 May.

This is the lowest increase since 2010.

Meanwhile, the ministry says greenhouse gas emissions from electricity generation during the March quarter this year fell 4%, compared to the same quarter a year ago.

The fall is due to the retirement of one of Huntly's electricity generators, reducing coal-generation.