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Speaker 1: So a finger wagger. Is it more than that? For

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Speaker 1: the gent tailors in our power sector? The big four Meridian, Contact,

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Speaker 1: Mercury and Genesis told to play by the new anti

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Speaker 1: discrimination rules and simple terms, you can't cut a better

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Speaker 1: deal with your own retail outlet than you do with

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Speaker 1: anybody else. Electric Key we CEO. Who are your berts

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Speaker 1: with us? Morning?

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Speaker 2: Good morning mate?

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Speaker 1: You like it?

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Speaker 2: Yeah, it's fair to say that. Yeah, this is what

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Speaker 2: we've been fighting for. A level playing field will mean

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Speaker 2: sharper pricings. It will mean that investment will happen and

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Speaker 2: we should see more affordable energy for all New Zealanders,

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Speaker 2: which is just absolutely brilliant.

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Speaker 1: Do you think they'll play ball or fight it or

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Speaker 1: fudge it?

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Speaker 2: Well, you know, I think that there will be some pushback.

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Speaker 2: Would be crazy to think not. But you know, I

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Speaker 2: think all the gent Tellists think about the long term

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Speaker 2: benefits to New Zealand of greater competition. This is it

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Speaker 2: just about the short term or protecting their patch. This

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Speaker 2: is about really getting our economy going and the delivering

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Speaker 2: affordable energy to all New Zealanders.

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Speaker 1: As a gent Taylor argument, you know, forget what whats

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Speaker 1: have said. For now should they be split.

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Speaker 2: You know, we're really happy that the energy regulators are

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Speaker 2: going down this pathway. But if these rules, even if

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Speaker 2: they're in forced, if they don't deliver those competition outcomes

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Speaker 2: for New Zealand, then absolutely we should keep going down

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Speaker 2: that pathway through the options that they're presented, all the

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Speaker 2: way through to separation.

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Speaker 1: Okay, a lot of people texting me on the idea

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Speaker 1: that all they do is bump up the deal to

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Speaker 1: their retail arm. In other words, they fudge it, and

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Speaker 1: therefore there are offering you what their retail arms offer,

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Speaker 1: but it's not as trimmed as it could be.

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Speaker 2: No, there's really strong evidence that the bird gent tailor's

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Speaker 2: retail arms are being cross subsidized by extremely high profits

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Speaker 2: and generation, and those extremely high profits and generation because

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Speaker 2: I has been kept on a knife edge for so long.

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Speaker 2: So yeah, we we believe that with these new regulations

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Speaker 2: that having equal access to those deals will create really

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Speaker 2: great competition and better outcomes the New Zealanders.

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Speaker 1: I'm not going to hold you to it, but so

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Speaker 1: much power bills four hundred dollars a month and you

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Speaker 1: get a new deal, what could you do it for?

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Speaker 1: Three ninety nine three twenty two fifty. What's the difference.

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Speaker 2: Hey, well, yeah, I can't. I couldn't tell you that

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Speaker 2: right now, but I do know that. Yeah, the pricing

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Speaker 2: that we see versus what the internals are getting, as

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Speaker 2: you know, significantly higher. So we should be able to

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Speaker 2: offer better deals.

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Speaker 1: Fantastic sooner the bit. I'm nice to talk to you.

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Speaker 1: Who are you about? Who's the Electric key? We ceo?

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Speaker 1: For more from the Mic Asking Breakfast, listen live to

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Speaker 1: news talks that'd be from six am weekdays, or follow

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Speaker 1: the podcast on iHeartRadio.