2023
Top Energy set the goal of reducing distribution lines charges from the upper quartile for cost per connection to the lower quartile by 2030 in 2017, this was achieved in 2023.
Supplying Far North consumers from the expanded Ngawha geothermal plant reduced transmission charges by $4.7 million in 2022. Distribution charges have reduced year-on-year to a total 23 per cent cut, in addition consumers won’t bear the impact from the 205 per cent increase in transmission charges since April, with the total distribution and transmission prices held static in 2023.