power prices
while all nz is struggling with power costs the power companies are ripping us off. Genesis Energy plans to increase its electricity prices for residential customers in January despite posting a 600% increase in its annual profit and signalling a further increase in its operating profit ahead.
Chief executive Marc England said it hadn’t yet decided how much prices would go up, as it would consider that strategically and make a call on that later this year.
Genesis posted a bumper $222 million profit for the year to the end of June, which was six times higher than its $32m profit the year prior and almost four times its $46m profit in 2020.
Fellow state-controlled ’gentailer’ Mercury Energy reported earlier this week that it had more than tripled its annual profit to $469m, with the largest of the gentailers, Meridian Energy, due to report its annual result next week.
Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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82.1% Yes
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15.2% No
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2.7% Other - I'll share below
Cupboards of calm
Transform the inside of your humble storage spaces with Resene paint and you’ll be happy to delve into them in future.
Get our quick tips to transform your storage spaces.
What's your favourite recipe for courgettes?
Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.
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