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Speaker 1: News of you power bill? What can I offer you?

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Speaker 1: The Electricity Authority is telling retailers to check on an

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Speaker 1: annual basis. Now this is new rules. Check on an

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Speaker 1: annual basis whether we, I EU and I the punter

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Speaker 1: are on the best available plant. Also, they'll no longer

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Speaker 1: be able to bill you four mistakes that are older

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Speaker 1: than six months?

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Speaker 2: Now?

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Speaker 1: Who are bolt? Is the electric kere we boss?

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Speaker 2: And is with us?

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Speaker 1: Who you're morning to you? Is this good stuff? Or

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Speaker 1: is this a smoke screen?

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Speaker 2: Look, this is really not going to shift the dial

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Speaker 2: for Kewis in terms of costs. Certainly we do support

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Speaker 2: any greater information and transparency for consumers, but fundamentally Kiwis

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Speaker 2: really still need to shop around to get the best

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Speaker 2: s deal.

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Speaker 1: So you're talking about structural reform. Is this fiddling around

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Speaker 1: the edges?

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Speaker 2: Yeah, it is tinkering around the edges. The fundamental issues

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Speaker 2: and our market that needs to be addressed, the competition settings.

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Speaker 2: That's really what we think the regulator needs to focus

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Speaker 2: on and improve because what will happen is when you

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Speaker 2: have great competition, the market actually delivers all of the

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Speaker 2: consumers anyway, and we know that because we entered the

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Speaker 2: market a decade ago with this aim of bringing this

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Speaker 2: choice and innovation to consumers.

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Speaker 1: What about the rules that are changed whereby the gent

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Speaker 1: tailor can't flick it onto the retailer at any different

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Speaker 1: deal from what they flick it on to you. Is

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Speaker 1: that material?

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Speaker 2: I think that's that is a really good I think

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Speaker 2: it's you still need to engage with your with your

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Speaker 2: retailer to get those deals, but they need to provide

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Speaker 2: you with that information. So that's good. As I say,

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Speaker 2: you're getting more information, but you do still need to

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Speaker 2: make those choices yourself and decide what's best for your

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Speaker 2: family and your circumstances. The retailer doesn't know what your

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Speaker 2: circumstances are. They just know what they're charging you.

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Speaker 1: But if they contact you with a little bit of

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Speaker 1: a reminder, hey what about this? You know suddenly you're

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Speaker 1: a bit it's friend of mine. You give it some thought,

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Speaker 1: you know you might create a bit of tune through that,

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Speaker 1: mightn't you?

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Speaker 2: Yeah? Absolutely? And as I say, we really support any

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Speaker 2: greater information and transparency for consumers.

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Speaker 1: Yeah good, all right, nice to talk to you. Who

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Speaker 1: are you? But electric key? We CEEO for more from

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Speaker 1: the mic Asking Breakfast listen live to news talks it'd

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