Duncan Garner: Power prices revealed. Why you pay what you do!

19/08/2014

So you feel like you’re paying through the nose for your power? Well you are.

This line graph below, from the Electricity Authority, indicates how your power prices have risen since 2004. It’s clear your prices have risen about 70 percent since 2004.

Power prices 2004-2014

And this graph shows that the reason for the price increases over the last three years is largely down to fixed line costs, like the transmission lines – not the actual price of power.

Increase reasons

We’ll debate all this, this afternoon. I want your stories. What can we do to get the fixed portion of our bills down and is there any way we can get cheaper power?

Duncan Garner hosts RadioLIVE Drive, weekdays from 3pm, with the most entertaining political analysis and news as it happens

source: data archive