New Zealand Commerce Commission questions value of costly electricity upgrades
( November 3, 2026, 03:12 GMT | Official Statement) -- MLex Summary: The New Zealand Commerce Commission on Tuesday said some major electricity network projects may not be properly testing cheaper alternatives before committing to costly upgrades. The commission's Energy Competition Task Force found weaknesses in forecasting and cost-benefit analysis that could lead to higher power bills for consumers. The task force is seeking feedback on whether stronger oversight is needed to ensure large investments deliver the best value.Statement follows. Review attached. ...
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