Each year the Electricity Authority - Te Mana Hiko consults on its levy-funded appropriations for the upcoming financial year. The funding enables this regulator to pay for third-party service providers, meet their statutory objectives and deliver their key objectives on behalf of electricity consumers.

FinCap has submitted in support of Electricity Authority’s preferred small levy increase on the basis that effective regulation of essential electricity services will bring a net benefit to communities and reduce strain on financial mentors.

Read the full submission here.