High electricity prices likely.

**chanceyy** · 17th December 2010, 19:46

Originally Posted by mashman

GST on that too...hope they don't think about raising GST again Could be due to ETS...?

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

**piston broke** · 17th December 2010, 19:48

Originally Posted by firefighter

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?

Originally Posted by chanceyy

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** · 17th December 2010, 19:50

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** · 17th December 2010, 19:53

Originally Posted by piston broke

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** · 17th December 2010, 20:03

Originally Posted by firefighter

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** · 17th December 2010, 20:08

Originally Posted by chanceyy

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** · 17th December 2010, 20:12

Just got shock when Ive realised Ive had a leaking pipe for a couple of months..was losing my hot water..

will just take longer to get Bonnie on the mend..

**chanceyy** · 17th December 2010, 20:14

Originally Posted by u4ea

Just got shock when Ive realised Ive had a leaking pipe for a couple of months..was losing my hot water..

will just take longer to get Bonnie on the mend..

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** · 17th December 2010, 20:16

Originally Posted by 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.

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** · 17th December 2010, 20:23

Originally Posted by chanceyy

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!!!!!

**chanceyy** · 17th December 2010, 20:25

Originally Posted by u4ea

Yer and the land lord keeps ignoring my calls!!!!!

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

**u4ea** · 17th December 2010, 20:32

Originally Posted by chanceyy

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.

.cant win even with 3 jobs!

!so am just turning hot water tap off ..been boiling the water for ages thinking it was a thermostat

..grr..

**Jantar** · 17th December 2010, 20:35

Originally Posted by 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.

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** · 17th December 2010, 20:37

Originally Posted by u4ea

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.

.cant win even with 3 jobs!

!so am just turning hot water tap off ..been boiling the water for ages thinking it was a thermostat

..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 ..