NZ Greens And Labour Will Rescue Our Power Companies

State Asset Sales:  New Zealanders are almost ALL against the sale of state assets.  Yet the current National government is ploughing ahead regardless of opposition to their plans, which involve selling off the valuable things which belong to each and every one of us.  Our electricity companies have been built up with tax-payers money over the years. They belong to the people of New Zealand.  Now, the current National government, who seem to think that our state assets are their very own personal property to sell,  is attempting to make a quick buck by selling them off.

John Key’s sale of shares in Mighty River Power leaves our pricing system for electricity in a dubious state, which is why the system of state-control proposed by Greens and Labour is a good one.



Dr Russel Norman, co-leader of the Greens, and David Shearer, leader of the Labour Party, are planning to remedy the damage done by the National government’s sell-off of our power stations by bringing electricity companies under state control, similar to the models set by Brazil and America.  Let’s hope that the Labour-Greens team win the election next time around, and that the current National government under the mercenary John Key goes down the drain.

Russel Norman and David Shearer met yesterday to debate the issue.  They have decided on a plan to bring electricity prices down, which will, hopefully, foil National’s sell-off plan.

Labour and the Greens plan, which is to control electricity prices and bring them down, will mean that the investors buying shares in ‘Mighty River Power’ and other companies will not see the returns they expected under John Key’s plan.  The value of shares is likely to drop, and this reality will have an effect on the potential investor’s enthusiasm to buy shares right now.

YES – the following day after putting up this post, Radio New Zealand National Radio at midday, 19th April, 2013, has just reported that the Greens-Labour announcement for one state-controlled electricity company, which will take effect if they become the government next election,  has brought share prices down already.

Here is an email I received today from Dr Russel Norman, co-leader of the New Zealand Green Party.

Green Party of Aotearoa New Zealand

Kia ora MerrilynThe Green Party has just released our plan to cut your power bills. Our plan could save you up to $300 a year.Given that power bills have gone up around $100 on average over the past year, that is a big saving for families.Share this image on Facebook to help spread the word: Click to share. Load images to view - the problem, and the solution

Our plan, Empowering New Zealand, has three components that will deliver all New Zealanders cheaper and greener energy. Our costed plan will:

1. Establish a single buyer that will negotiate cheaper power prices for all of us

2. Deliver you cheaper power by giving each household a block of low cost electricity every month

3. Strengthen the role of energy efficiency and green energy within our electricity system.

The centrepiece of our plan is a new Pharmac-style agency named NZ Power that will drive a hard bargain with the electricity generators and directly pass on the savings to you, the customer.

Just like Pharmac bargains to get you cheaper medicine, NZ Power will secure us cheaper power.

As a big company, Tiwai Point has been able to directly negotiate cheap power from Meridian for years. NZ Power will act in the same way for your household.

NZ Power will also act in the interests of our environment by steering us towards a cleaner, greener energy future rather than leaving generation decisions to profit hungry private companies.

You can help spread the word on this smart green idea by sharing the infographic on Facebook and letting your friends know about how much money they could save.

And you can find out more about our proposal here.

It is time for a better energy future. We are committed to delivering it.


Dr Russel Norman
Green Party Co-leader


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