New Zealand First's energy policy is based on four basics aims: to guarantee security of supply; to achieve greater investment in the industry in order to produce more electricity; to facilitate energy efficiencies; and, to ensure that energy is supplied at a fair and reasonable price.
In order to achieve this New Zealand First will:
- provide incentives for ongoing investment in electricity generation, with a particular focus on local generation where feasible;
- explore the ongoing feasibility of energy options as technology and availability makes them practicable;
- seek to minimise the environmental costs of generating electricity whilst facilitating continuity of supply. There will be no privatisation of Meridian, Genesis, and Mighty River Power, Transpower, or Solid Energy;
- ensure that barriers to competition are identified and removed within both the electricity retail and wholesale sectors;
- consider a range of incentives for reducing demand in times of restricted low supply;
- evaluate the fixed line charging regime with a view to ensuring smaller domestic consumers are not disadvantaged;
- ensure that energy efficiency measures are encompassed by the wider energy policies of government; and,
- amend the RMA to provide for a more rapid consents process for infrastructure projects, while ensuring local input is preserved.