That's privatisation for you.

Here in NZ they do exactly the same.
The POCO's increase the kWh charges just before the winter so it will cost you an arm and a leg to use electric heating.
The standard domestic rate around Auckland is 15.1 cts / kWh. Linecharge 86 cts / day.

Less than 10 years ago it was 8.26 cts / kWh and 20 cts / day linecharge.

And the bulk is Hydro generated !

Lets not go in detail about the hughe profits being made out of all the powerusers.


The product of rotation, excitation and flux produces electricty.