140k NZ households took loans for power bills, 2% had power disconnected, and 10% were rejected by retailers due to unpaid bills.
140k NZ households took loans for power bills, 360k faced payment issues in past year, and 250k incurred overdue fees due to unaffordability. Over 2% of households had power disconnected, and almost 1 in 10 were rejected by electricity retailers due to unpaid bills. Prepaid customers miss out on discounted pricing, and rising wholesale prices could further strain households.
August 18, 2024
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