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The big four electricity generator- retailers will not be allowed to give preferential price contracts to their retail arms under proposed new rules.
The Commerce Commission and Electricity Authority's Competition Task Force has just announced the proposals which it says will improve competition and give new players and investors confidence to enter the market.
Contact, Genesis, Meridian and Mercury - will have to make products available to all industry participants on the same terms as when trading internally.
Chair of the Electricity Authority Anna Kominik says they will also have to provide greater transparency about the prices and volumes they give to their retail businesses
