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Zealand is one of the success stories, where the power sector reforms have been carried out with efficacy. The-15 year-old reform process has generated adequate choice of suppliers for the consumer. This has prevented the players to refrain from unnecessarily raising the prices & hoodwinking the consumer. As a result Energy Online has been offering the best prices to Auckland Central households, and these could be as much as $200 a year cheaper than the other six retailers in the region. In Wellington, Contact Energy was a clear first choice for the cheapest electricity. Dunedin also saw the most variation across suppliers, with consumers potentially paying up to $300 a year more by being on an inappropriate tariff plan.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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