Power companies post billion-dollar profits as Kiwis struggle with rising energy costs
New Zealand power companies have made over a billion dollars in profit while households face soaring prices and energy hardship.
Power companies have recorded more than a billion dollars in profit over the past year as electricity prices continue to rise. Many New Zealand households are unable to afford adequate heating and are keeping lights off to manage costs. The disparity between corporate profits and household energy affordability has become increasingly stark.
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Power companies made more than a billion in profits, while some Kiwis freeze
Power companies have raked in more than a billion dollars in profit in the past year as prices continue to soar, Kiwis sit in the cold, and some keep the lights off.