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Jamie Gray tells us that New Zealand’s electricity sector looks set to become an election issue in 2026.

I think we would all be better off if the Government (I mean the next one) seized the assets of the NZ Superannuation Fund and used them to buy back 100% of all the electricity gentailers, and convert them into a state agency to provide us all with electricity at cost as a social necessity, a 'public good'.

This is what Labour ought to campaign on in 2026. And if they're too neoliberally lily-livered to do it, let's hear it from the Greens.

Jamie Gray: With power prices on the rise and 2024’s price spike still fresh in voters’ minds, politicians can reliably be expected to use electricity as a platform.

Separately, there are concerns about the impact that rapidly diminishing gas... reserves will have on the economy.

Power prices are on the rise – stemming mostly from the cost of distribution – and look set to continue upward over the next few years.

Stats NZ consumers price index data showed electricity prices were up 11.3% in the year to September.

Household prices increased by an average $10 a month in April 2025, reflecting rising levels of investment need for the electricity network.

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