Contact says power prices need to rise

Contact Energy says electricity retail prices need to rise, after reporting flat underlying earnings for the six months to the end of December.   Contact managing director David Baldwin said challenging conditions posed by high hydro inflows resulted in low wholesale prices during the latest half year. Extreme weather and transmission constraints which negatively affected…

Smart meters only part of the solution

Senztek chief executive Brian Knolles on smart energy management. The old cry of “turn off that light” used to be the staple of household energy saving activity. Today its modern version advises homeowners to turn off equipment on standby, or to insulate for better energy efficiencies. There are many messages concerning energy and how we…

‘Smart meters’ give customers usage info

Real-time power tracking could change consumer habits Thousands of area residents with electric meters that transmit usage data wirelessly soon will be able to examine their power habits online. CenterPoint Energy, along with other distribution utilities and IBM, is expected to launch an online portal, www.smartmetertexas.com, this month that will allow customers to monitor usage in…

Where does our power come from?

The ability to switch on a light – something which many of us probably take for granted. Electricity is a huge part of our lives and even a brief cut can prove disastrous, as demonstrated by the Auckland cut on Monday. But how much do you really know about the state of the electricity sector…