NZPower

Nationalisation of power to save us $1.25 a week?

So let me get this straight…the Greens and Labour want to nationalise an industry so they can save us $1.25 a week?

Martin Johnston writes about power prices.

Home electricity bills rose by $63 on average in the 12 months to February, with the biggest increases generally occurring in some smaller cities and their large rural hinterlands.

Dunedin got off lightest, with an increase of $9, and Auckland came second at $13, a rise of just 0.6 per cent in the retail price, weighted by retailers’ market shares.

At the top end of the scale, families and other domestic power users in Nelson/Marlborough suffered the biggest increases, of $133 (6.2 per cent), followed by the East Coast on $128. The figures come from an analysis – done by small retailer Powershop – of survey data published by the Ministry of Business, Innovation and Employment.

Powershop shows up in the ministry data as having imposed increases towards the upper end in some of the areas where it operates. In the Auckland area fed by the Vector lines network, for instance, Powershop’s retail price rose by 4.1 per cent in the 12 months, approaching double the 2.3 per cent increase of the area’s biggest retailer, Mercury Energy.? Read more »

More on Labour’s power lies

Yesterday we blogged about how out of whack David Cunliffe’s power graph was. We presented a nother view from the same data.

Another reader has emailed with his thoughts.

Cam

Haven’t really followed the arguments around?power?prices. But what really grinds my gears is bad data analysis. I have done quite a bit of normalizing of data in my time and although it is a powerful tool, it has to be used with caution because it can really skew the data. As soon as I saw Labours press release I was suspicious about why they chose to normalize to the date they did.

Thanks to previous correspondent who made the raw data easily available, I normalized the data to 1990, as this was the closest data point to the reforms that people complain about. Also have blocked out via color who was in?power. Because of the data, I have “logged” the y-axis, so the changes are non-linear wrt this axis.

NZ is in black / bold. Shows that the price rise was not due to the early 90’s reforms. As there was almost no price increase from 1990 to year 2000. Furthermore the price was increasing before the reforms, then had reduced increases post reforms. So it is impossible to blame the reforms for the price increases.? Read more »

Labour’s power scheme lies

The other day David Cunliffe tweeted a misleading chart about power price rises. He was lambasted about the chart because it didn’t show when Labour was in government when the largest rises occurred.

An observant reader decided to look into these claims…and he didn;t think it look right in any case.

This is what he found.

I was a little surprised by the graph on the tweet from Cunners the other day regarding NZ power prices. It looked like an outrageous manipulation.

So I checked for the source: NZ Power policy doc on Labour website. It shows the ?change in power prices, base year 1986? even though the graph shows from 1978. So it?s some sort of percentage increase from a base? Way too obscure for me and an obvious obfuscation.

Hmmmm?funny. So I went to the source of their info?( a very large report pdf).

On page 132 is Table 3.7: Electricity prices for households in US dollars/kWh?III.56 which I thought was much more illuminating. Here is the reproduced table (most of it anyway) ? Read more »

As a freshly minted (alleged) photoshop artist, Cunliffe also appears to be a plagiarist

The power policy isn’t the only policy David Cunliffe and Ed Milliband share in common.

There’s also the housing policy – and ‘predistribution‘.

Ripping off slogans from the UK and US is nothing new for Labour here.

Next, Cunliffe will be padding his CV with claims that he ‘invented the internet’:

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