Achieving 100 per cent clean energy target would 'disproportionately' impact low-income households | WHAT REALLY HAPPENED


Achieving 100 per cent clean energy target would 'disproportionately' impact low-income households

Reaching the Government's (Left Wing Labour) "ambitious" 100 per cent renewable energy target may increase average households' power bills by $300 a year and will a disproportionately impact low-income households.

It would also see power prices for businesses significantly increase.

This is according to the Independent Climate Change Committee's (ICCC) report into how New Zealand can reach the 100 per cent target.

The report, initially expected to be released in April, will not be publically released for at least a few weeks.

But a copy of the draft report was obtained by the Herald.

It reveals that if New Zealand achieves the target by 2035, there would be "large increases in retail electricity prices from today's levels".

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