Orion slices line charges by 8%

By Chris Hutching

Friday 26th May 2000

Electricity lines company Orion has thrown down the gauntlet to power retailers to cut prices with its announcement its wholesale rates will be reduced 3.5%, equating to a reduction in charges of $5 million.

Managing director Chris Laurie said Orion had achieved efficiencies but they did not involve cutting work on maintenance.

Orion's charges make up about half the retail electricity price for households.

They include the cost of running the local network and Transpower charges.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

BPG - Q4 FY26 Update: ARR reaches $26.8m
Devon Funds Morning Note - 21 April 2026
April 21st Morning Report
CHI - Government diesel storage at Marsden Point
April 20th Morning Report
NZK Market Update - Earnings Guidance Upgrade
MEL - Meridian Energy monthly operating report for March 2026
April 17th Morning Report
CCC - ESQUIRES IRELAND RECOGNISED AS THE BEST IN IRISH AWARDS
FBU - Fletcher Building Quarterly Volume Report for Q3 FY26