James Kilty: Transpower CEO proposes on $1.4 billion upgrade to Cook Strait electricity cables

episode

Best of Business not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Best of Business

Jannet Xuccoa: When's the right time for a trust? 44 min · 21 Dec 2025

All episodes from Best of Business →

Report any issue

Source

Recorded07 May 2025

Publisheromnycontent.com ↗

Handlerec:7246734

Show notes

Transpower says upgrading the Cook Strait electricity cable would come at a very small cost to consumers. It's consulting on a $1.4 billion proposal - to upgrade existing cables and allow for building a fourth. CEO James Kilty says the plan is to get another 40 years of stable electricity. He says because costs will be paid for over that 40 years, prices won't surge. "It'll be a few dollars a year - but by the time it's spread across every connection in the country, it's spread over 40 years. It'll be a reasonably small amount." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.