Electricity Prices

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Well, today I received notification that my electricity charges were about to go up again. What do these supply companies think they are doing; apart from stuffing the older, "Fixed Income", retired and other family units financially, they are only intent on making large profits to pay there shareholders a 12% dividend and their CEO's the obscene amounts of $300,000.00 per year. If ever there was "LEGALISED THEFT", it is being used in New Zealand now. Unfortunately the greater majority on NZ'ers are a silent voice when it comes to this type of theft as we are captive customers. The usual plainted cry from these criminals is, we need to address the supply status by increasing our network or major lines replacement is needed or there is a water shortage and we have to buy electricty on the "Spot Market", or we need to build a new POWER STATION and DAM. Those are terms used by those greedy for largess and no other reason. They actually pay gratuitous deafness to the poor user because they appear to get away with it. I admit that those terms weren't used when everything was owned BY THE TAXPAYERS. Incidentally a relevant Question to you all:........ "DID YOU RECEIVE ANY OF THE INCOME THAT WAS DERIVED BY THE GOVERNMENT WHEN THEY SOLD ALL OUR ASSETS OFF AT FIRE SALE PRICES TO OVERSEAS CONGLOMERATES THAT HAD NO INTEREST IN NZ'ers, BUT ONLY IN PROFITS?" The Government talked of Regulating the POWER COMPANIES last year. A lot of good that did, nothing has changed even with the "Minister's Statement". The power authority's attitudes haven't changed either as they know "WHAT THE GOVERNMENT SAYS", will never happen. I think it is about time that we as NZ'ers rose up against these companies and told them "WE HAVE HAD ENOUGH", you cant expect to take obscene profits any longer and expect to get away with it without a fight.

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