Murray Ellis: Electricity consultant on Electricity Authority's ban on low-price power deals

Electricity Authority has come down hard on Tiwai point trying to cut cheap deals on their power. The EA will now require approval before any power company wants to make a 'big low price deal' Though, they have confirmed that the smelter's 2021 deal with Meridian and Contact, believed to be less than 4 cents a unit, won't be affected by the ban. Murray Ellis is an electricity consultant and joined Mike Hosking. LISTEN ABOVESee omnystudio.com/listener for privacy information.