High electricity prices likely.

[mashman]

"The Domestic Energy Users' Network says the wholesale price for electricity has risen from 8.5 cents per kilowatt hour on the first of December to 23 cents per kilowatt hour two days ago."

Not so bad in the summer (http://nz.news.yahoo.com/a/-/top-stories/8528927/high-electricity-prices-likely/), but that's gonna be a bit of a bastard come winter time. Wonder why the huge jump?

[JimO]

the gummint is always going on about kiwis not saving for their retirement, wonder why that is, exorbitant cost of power/petrol/food??

[firefighter]

That's fucken absurd. Are they trying to insinuate that the costs of providing it have gone up over 50% or something? :gob:

[AllanB]

Correct me if I'm wrong but the major energy suppliers are all state owned enterprises. And they are setting these high prices.

[firefighter]

the gummint is always going on about kiwis not saving for their retirement, wonder why that is, exorbitant cost of power/petrol/food??

Exactly. Petrol up, now power by this much too?! Are'nt rates going up also?

Merry xmas motherfuckers. From your councils and govt.

[mashman]

Exactly. Petrol up, now power by this much too?! Are'nt rates going up also?

Merry xmas motherfuckers. From your councils and govt.

now now, we did get tax cuts :blink:

[chanceyy]

Correct me if I'm wrong but the major energy suppliers are all state owned enterprises. And they are setting these high prices.

your wrong !!!

but the demand for electricity is growing, the connection between north & south isl have not been upgraded so there are constraints moving electricity to where its needed, and of course all the renewable energy required to generate enough electricity to meet growing demand has to be paid for somehow ..

but then what do I know :whistle:

[firefighter]

now now, we did get tax cuts :blink:

Hahaha, yeh well, apparently.

Now I know why the Auckland council are rewarding themselves so hugely prematurely, it's not because of the work they'll be doing, it's so they can survive through all the inflation.

It rather infuriates me how they always adjust their salaries so massively for inflation everytime there's an increase in living expenses, and %age wise it's always massively above anyone elses so-called payrises, and their salaries are already rather large anyway. Surely they should'nt need to rise by such a large percentage more all the time but they always get it.

[Ocean1]

Are'nt rates going up also?

I've had occasion of late to note the contorted reasoning with which most councils have distanced their rates revenue policy from plumeting property prices.

Arseholes. About time the lot were up agin' the wall.

[piston broke]

i just had a look at my account,to 7/dec.
22.84 c/unit.
how do i get 8.whatever?

[firefighter]

I've had occasion of late to note the contorted reasoning with which most councils have distanced their rates revenue policy from plumeting property prices.

Arseholes. About time the lot were up agin' the wall.

Something else that really pissed me off. Rates on my place before I sold it were based on property value of $320+k. We paid 240 for it and it had'nt sold for more than 280K........ever.

That really used to piss me off, I don't blame QV either, I think the lowered valuations are just ignored by the council and they just go off the highest ever valuation that has been given, no matter how old.

The actual QV reports you get done not ignored by council are far more accurate, well for us it was. To say our 2 bedroom unit in Massey was worth 320k was an absolute fucken joke. Our valuation we had done put it at exactly what ended up selling it for, and we never thought we'd get anywhere near what we did (270) absolute luck.

[mashman]

It rather infuriates me how they always adjust their salaries so massively for inflation everytime there's an increase in living expenses, and %age wise it's always massively above anyone elses so-called payrises, and their salaries are already rather large anyway. Surely they should'nt need to rise by such a large percentage more all the time but they always get it.


Meh, they do all the work ya know... without them the whole thing would fall apart... the rest are just workers, they made no effort to get where they are today... yadda yadda... KPI's Met, show me the money!

Good job we don't pay these peoples salaries :blink:

[chanceyy]

i just had a look at my account,to 7/dec.
22.84 c/unit.
how do i get 8.whatever?

there is a difference between wholesale pricing & retail pricing, you have generation, transmission, network & your retailer costs added in

[SMOKEU]

The government may eventually push electricity prices so high that it might be cheaper to buy your own diesel generator.

[mashman]

there is a difference between wholesale pricing & retail pricing, you have generation, transmission, network & your retailer costs added in

GST on that too...hope they don't think about raising GST again (http://nz.news.yahoo.com/a/-/top-stories/8523036/gst-rise-suggested-to-improve-economy/) Could be due to ETS...?

[chanceyy]

GST on that too...hope they don't think about raising GST again (http://nz.news.yahoo.com/a/-/top-stories/8523036/gst-rise-suggested-to-improve-economy/) Could be due to ETS...?

ETS is a part of it, along with the levy for the electricity commisson ;)

[piston broke]

Something else that really pissed me off. Rates on my place before I sold it were based on property value of $320+k. We paid 240 for it and it had'nt sold for more than 280K........ever.

That really used to piss me off, I don't blame QV either, I think the lowered valuations are just ignored by the council and they just go off the highest ever valuation that has been given, no matter how old.

The actual QV reports you get done not ignored by council are far more accurate, well for us it was. To say our 2 bedroom unit in Massey was worth 320k was an absolute fucken joke. Our valuation we had done put it at exactly what ended up selling it for, and we never thought we'd get anywhere near what we did (270) absolute luck.

don't they base it off a few houses each side of you?


there is a difference between wholesale pricing & retail pricing, you have generation, transmission, network & your retailer costs added in

so if the wholesale price is going up 300%,does that mean my price/unit will go from 22.84 to 67+ ?

[tri boy]

And since a diesel back up generation unit is coming off line very shortly, expect a dry summer, (low hydro levels, and dodgy wind generation), to help drive prices even further.
Do I care?
Nope.
(grew up with black outs, candles, meals cooked on wood stoves).
Harden up. Turn off the heated towel rail, and all the fancy must haves, and get real.

[chanceyy]

so if the wholesale price is going up 300%,does that mean my price/unit will go from 22.84 to 67+ ?

the pricing is not standard through NZ as each individual network charges their component differently, depends on the individual meter set up at each ppty and of course each household requirements for electricity.

also this rain we are currently getting will help the lake levels more power generated the wholesale market drops. demand & supply comes into it ..

where the prices will go but its rare for them to drop .. a 300%increase is prob an exaggeration media love to scaremonger

[freedom-wedge]

Something else that really pissed me off. Rates on my place before I sold it were based on property value of $320+k. We paid 240 for it and it had'nt sold for more than 280K........ever.

That really used to piss me off, I don't blame QV either, I think the lowered valuations are just ignored by the council and they just go off the highest ever valuation that has been given, no matter how old.

The actual QV reports you get done not ignored by council are far more accurate, well for us it was. To say our 2 bedroom unit in Massey was worth 320k was an absolute fucken joke. Our valuation we had done put it at exactly what ended up selling it for, and we never thought we'd get anywhere near what we did (270) absolute luck.

Grins I seem to remember that the mafia before and durring prohibition set the price of booze and made sure they collected the tarrif set, its surley obsurd to pull a value out of your arse and make you pay a pecentage, sounds like organised crime to me, it always has, they dont knee cap you or break your fingers these days, they just charge a penalty that no business can match, now that's progress i suppose. Still getting back to the power, how many billion were the powercos supposed to of overcharged its consumers, so much that the police delcared that it was far to big an issue for their involment, shit, and all we seen since the non investingatin is rises in the rate ????? has everyone else forgoten.

[piston broke]

the pricing is not standard

i guess auck prices will drop then when they finally use the Kaipara harbour tidal flows.(fingers crossed it happens)


through a 300%increase is prob an exaggeration media love to scaremonger

we live in hope..

that quote didn't work so well.
to much effort to fix (cause i'm useless)

[u4ea]

Just got shock when Ive realised Ive had a leaking pipe for a couple of months..was losing my hot water..:angry:will just take longer to get Bonnie on the mend..:crybaby:

[chanceyy]

Just got shock when Ive realised Ive had a leaking pipe for a couple of months..was losing my hot water..:angry:will just take longer to get Bonnie on the mend..:crybaby:

yeah thats the bugger doll, its good when you have your hot water on one meter as you can keep an eye on the consumption, I was just lucky I was home when mine blew so could turn cylinder off & on til it was fixed

[freedom-wedge]

And since a diesel back up generation unit is coming off line very shortly, expect a dry summer, (low hydro levels, and dodgy wind generation), to help drive prices even further.
Do I care?
Nope.
(grew up with black outs, candles, meals cooked on wood stoves).
Harden up. Turn off the heated towel rail, and all the fancy must haves, and get real.

To true, its all it takes, start turning off shit you dont need, fight back and become a consumer activist, if no ones buying their shit or a lot less of it they gonna start wising up, and trying to encourage you to use power. The US are moving to prime time power pricing, and I think the tariff changes about 4 times a day, be here soon if you dont wake them up a little, they have created the need to have power by way of convenience electronics, their banking on you not being eble to live with out them making your life easier ???.

[u4ea]

yeah thats the bugger doll, its good when you have your hot water on one meter as you can keep an eye on the consumption, I was just lucky I was home when mine blew so could turn cylinder off & on til it was fixed

Yer and the land lord keeps ignoring my calls!!!!!:shutup::laugh::laugh:

[chanceyy]

Yer and the land lord keeps ignoring my calls!!!!!:shutup::laugh::laugh:


haha too funny babe .. hmm have you had it fixed yet ??

[u4ea]

haha too funny babe .. hmm have you had it fixed yet ??

Nah mate..need a plumber and have to take exterior cladding off..hoping work picks up so I can sort some finance and refit bathroom and kitchen altogether..plenty of equity but income is too bloody low.:scratch::beer:.cant win even with 3 jobs!:facepalm:!so am just turning hot water tap off ..been boiling the water for ages thinking it was a thermostat :blink:..grr..

[Jantar]

And since a diesel back up generation unit is coming off line very shortly, expect a dry summer, (low hydro levels, and dodgy wind generation), to help drive prices even further.
Do I care?
Nope.
(grew up with black outs, candles, meals cooked on wood stoves).
Harden up. Turn off the heated towel rail, and all the fancy must haves, and get real.
The only diesel back-up units on the National Grid are those at Whirinaki. Since our company has the operations and maintenence contract for them and we offer them into the market from our trading room, i am suprised to learn this for the first time on here. Where is the basis for this information?

[chanceyy]

Nah mate..need a plumber and have to take exterior cladding off..hoping work picks up so I can sort some finance and refit bathroom and kitchen altogether..plenty of equity but income is too bloody low.:scratch::beer:.cant win even with 3 jobs!:facepalm:!so am just turning hot water tap off ..been boiling the water for ages thinking it was a thermostat :blink:..grr..

yup you will need to ensure your turning your hot water off for part of the day .. bit of a bugger to reheat but that is cheaper than leaving it as it is, so if you have ya soak at nite turn it off when you have the bath & turn it on again next morn or visa versa if you soak in the morn.

wish I could help ya out babe .. dunno any plumber friends though ..

[u4ea]

wish I could help ya out babe .. dunno any plumber friends though ..

awww yur a gem...Ide be alright if the copper was still functional :laugh::laugh:

[chanceyy]

awww yur a gem...Ide be alright if the copper was still functional :laugh::laugh:


ohhhhhhhhhhhhhh blardy hell chick :gob:

[Jantar]

"The Domestic Energy Users' Network says the wholesale price for electricity has risen from 8.5 cents per kilowatt hour on the first of December to 23 cents per kilowatt hour two days ago."

Not so bad in the summer (http://nz.news.yahoo.com/a/-/top-stories/8528927/high-electricity-prices-likely/), but that's gonna be a bit of a bastard come winter time. Wonder why the huge jump?
And between 18 and 32 c/kwh today. Just be glad this is the wholesale price and not truely reflected in the retail price.

The reason is really quite simple. Since the end of winter the whole world has been plunged into a La-Nina weather pattern. Its the steepest drop in the SOI since 1955, and completely counters the expectations from Global warming. The effect on our hydrology is for a drier than normal period, and at present inflows are around half of normal. Meridian is holding back water in its storage lakes, Mighty River doesn't have much water to realease anyway and Contact is releasing around a third of the rated Hawea maximum in readiness for next winter.

Otahuhu combined cycle station, 2 Huntly units and 3 Manapouri generators are all out for maintenence and this reduction is being made up from more expensive generation.

[chanceyy]

Otahuhu combined cycle station, 2 Huntly units and 3 Manapouri generators are all out for maintenence and this reduction is being made up from more expensive generation.

how many poles are out over cook straight .. is it 1, 2 or more ??

[Jantar]

how many poles are out over cook straight .. is it 1, 2 or more ??
There are only 2 poles. Pole 1, the old mercury arc valve pole, is only available in north transfer, Pole 2 is available for both north and south transfer. there are 3 cables available across the straight, but only 2 are needed, one for each pole.

[piston broke]

why hasn't the kaipara harbour been tapped?
why don't they put solar panels under the wind turbines,(the infrastructure to send it out is already there).

[Ocean1]

There are only 2 poles. Pole 1, the old mercury arc valve pole, is only available in north transfer, Pole 2 is available for both north and south transfer. there are 3 cables available across the straight, but only 2 are needed, one for each pole.

What's the "POLE 3" project currently under construction at Haywards, any idea?

[Jantar]

What's the "POLE 3" project currently under construction at Haywards, any idea?
Pole 3 will replace the current Pole 1. It was planned in 1990 to be completed in around 2000. Max Bradford's electricty reforms canned it, and now it is desperately needed.

[Coldrider]

It is all smoke and mirrors, cost to generate hydro per kw old money, 0.5 to 1.5 cent per kwh.
Cost to generate kw from coal /gas new money, 25 cents per kwh.
Hence any new investment in generation needs to equal new money in investment and new money in cost, hence 25 cents in cost per kwh to play.

[Jantar]

why hasn't the kaipara harbour been tapped?
why don't they put solar panels under the wind turbines,(the infrastructure to send it out is already there).
Maybe someday, when the technology exists, and it is economical to do so, and resource consents are earsier to get, and ToW issues are fully sorted, then maybe it will happen. But the biggest hurdle will be the technology.

[Coldrider]

Are the wholesale prices not actually the spot prices?

[Jantar]

Are the wholesale prices not actually the spot prices?
Yes they are.

[LBD]

I started an NPV on a project I had in mind....converting our Mill and workshops to a waste oil fired heating system....Why?...because we generate 2.5 million liters of waste oil annually so it is free.....Then I call up the bean counters to get the cost of electricity....thinking I am about to save the company $zillions.

3.94 US cents per kWh!:facepalm:

Maybe we keep giving the waste oil to the villages....

[tri boy]

The only diesel back-up units on the National Grid are those at Whirinaki. Since our company has the operations and maintenence contract for them and we offer them into the market from our trading room, i am suprised to learn this for the first time on here. Where is the basis for this information?
Havn't got all the details, and only heard it on the radio, but apparently they are being sold. But in the contract, they have to stay available for a minimum of two years, then the new owners can ship them overseas etc.
Correct me if I'm wrong please.:yes:

[Jantar]

Havn't got all the details, and only heard it on the radio, but apparently they are being sold. But in the contract, they have to stay available for a minimum of two years, then the new owners can ship them overseas etc.
Correct me if I'm wrong please.:yes:
They were to be sold to Meridian, but Meridian didn't want them, preffering to stay entirely with renewable energy. Contact owns the land that they are on, and holds the resource consent. The crown has decided to offer them for sale by tender, but should they sell then they must be available for both the next two winters either from the present site, or from another site. They may leave the country, but it is highly unlikely that any buyer would relocate them for one year then move them overseas after that.

The most likely buyers are Contact (we already own the site and hold the resource consents), Genisis to relocate to Huntly where they already have resource consents and can change them to gas fired, or Mighty River to relocate them to Southdown where they already have resource consents and can change them to gas fired.

[Juzz976]

why hasn't the kaipara harbour been tapped?
why don't they put solar panels under the wind turbines,(the infrastructure to send it out is already there).

When you shade a photovoltaic cell even just a small portion of it you loose almost all its power output.

[Usarka]

I blame Labour. Any major infrastructure developement got f**ked by the RMA letting 4 hippies prevent implementation because a river would go through their bean patch (or more likely some rich cock smoker not wanting a view of pylons over his 80000 acre property).

[Fatt Max]

Turn off the heated towel rail, and all the fancy must haves, and get real.

Get real, I usually get laid during a power cut so its all good

Dont save me much energy though, I'm knackered these days...

[Fooman]

The most likely buyers are Contact (we already own the site and hold the resource consents), Genisis to relocate to Huntly where they already have resource consents and can change them to gas fired, or Mighty River to relocate them to Southdown where they already have resource consents and can change them to gas fired.

Or maybe Valley Power in Victoria, where most of the original Whirinaki and Stratford P&W FT4's ended up. I don't think Genesis will be keen to run the P&W units after the hassles they had at Te Awamutu.

Cheers,
FM

[Mudfart]

Correct me if I'm wrong but the major energy suppliers are all state owned enterprises. And they are setting these high prices.

wrong, the national grubbermint sold our state owned electricity asset, last time they were in power.
and you retards voted them back in?
its funny coz ive only met one person who voted for them, yet 200 who voted labour. is it fluke, or do i hang with only one type of crowd? i reckon the whole voting thing is fixed, and they rig it, the polititians treat us and NZ as backwater hicks to be played, so why wouldn't they?
apparently a russian mafia boss owns one of the electricity companies, and a french international arms dealer owns another.

[Jantar]

wrong, the national grubbermint sold our state owned electricity asset, last time they were in power.
and you retards voted them back in?
its funny coz ive only met one person who voted for them, yet 200 who voted labour. is it fluke, or do i hang with only one type of crowd? i reckon the whole voting thing is fixed, and they rig it, the polititians treat us and NZ as backwater hicks to be played, so why wouldn't they?
apparently a russian mafia boss owns one of the electricity companies, and a french international arms dealer owns another.
Wrong again. They split the generators into 4 companies and sold one of them. They kept the other 3 as State owned assets. They also kept the transmission network as an SOE. Labour then compounded the problem by making the local body electricity boards split their assets into retail, lines and generation, and they were allowed to keep one of these and had to sell the other two.

[puddytat]

Best way to pay less for your power is just use less.

Its all about the companies & not about us anymore.

[mashman]

Best way to pay less for your power is just use less.

Its all about the companies & not about us anymore.

Aye... 24/7 air conditioned rooms for servers, pc's left on all night to name a but a couple... and probably a HUGE discount on the electricity bill because they're a volume user :blink: