We now have the amount of this tax. Warning, it is complicated.
https://www.rnz.co.nz/news/national/586599/government-wants-to-bypass-fast-track-process-for-proposed-liquefied-natural-gas-terminal
We now have the amount of this tax. Warning, it is complicated.
" That report recommended LNG only as a fuel of last resort and recommended a $2
per megawatt hour (MWh) levy across all gas and electricity users to make it >economically feasible.'
That $10 figure - together with the final proposed levy of between $2 and $4 >- appeared to be the basis of the government's claim that households would >save an average $50 on their annual power bills."
A net $8/MWh saving - if it were passed on in its entirety - would translate >to $56 for an average household using 7MWh of electricity per year."
So an estimated $50 per year or $4.17 per month saving. Will the average >customer notice this on their power bill?
So in short its a matter of a $2 tax per MWh for anyone using gas and a $8 >saving per MWh. If the tax is the upper limit the we has $4 tax and $10
saved per MWh, giving $6 net saving per MWh, or $42 (6*7) per year for the >average user of 7MWh.
I also note the the Government is in panic mode and wishes to just get it >built as otherwise the lights will go out (in a dry year) which might be >2027. Plan to ride rough shod over the processes, almost as bad as the >previous Labour Government.
A net $8/MWh saving - if it were passed on in its entirety - would translate to between $56 for an average household using 7MWh of electricity a
year."
https://www.rnz.co.nz/news/national/586599/government-wants-to-bypass-fast-track-process-for-proposed-liquefied-natural-gas-terminal
We now have the amount of this tax. Warning, it is complicated.
" That report recommended LNG only as a fuel of last resort and recommended a $2
per megawatt hour (MWh) levy across all gas and electricity users to make it >economically feasible.'
That $10 figure - together with the final proposed levy of between $2 and $4 >- appeared to be the basis of the government's claim that households would >save an average $50 on their annual power bills."
A net $8/MWh saving - if it were passed on in its entirety - would translate >to $56 for an average household using 7MWh of electricity per year."
So an estimated $50 per year or $4.17 per month saving. Will the average >customer notice this on their power bill?
So in short its a matter of a $2 tax per MWh for anyone using gas and a $8 >saving per MWh. If the tax is the upper limit the we has $4 tax and $10
saved per MWh, giving $6 net saving per MWh, or $42 (6*7) per year for the >average user of 7MWh.
I also note the the Government is in panic mode and wishes to just get it >built as otherwise the lights will go out (in a dry year) which might be >2027. Plan to ride rough shod over the processes, almost as bad as the >previous Labour Government.
A net $8/MWh saving - if it were passed on in its entirety - would translate to between $56 for an average household using 7MWh of electricity a
year."
On 11 Feb 2026 21:51:32 GMT, Gordon <Gordon@leaf.net.nz> wrote: >>https://www.rnz.co.nz/news/national/586599/government-wants-to-bypass-fast-track-process-for-proposed-liquefied-natural-gas-terminalWe used to do this. The stuff was deadly it also gunges up the gas
We now have the amount of this tax. Warning, it is complicated.
Here is simpler: Instead, govt should use coal gassification -- >https://www.futurecoal.org/sustainable-coal/coal-gasification/
-- to create synthetic natural gas out of our vast coal reserves.
This is so obvious as to be duh. Even the WWII Germans converted coal
to petrol and gas, so new thinking is not required.
On 11 Feb 2026 21:51:32 GMT, Gordon <Gordon@leaf.net.nz> wrote:
https://www.rnz.co.nz/news/national/586599/government-wants-to-bypass-fast-track-process-for-proposed-liquefied-natural-gas-terminal
We now have the amount of this tax. Warning, it is complicated.
" That report recommended LNG only as a fuel of last resort and recommended a $2
per megawatt hour (MWh) levy across all gas and electricity users to make it >>economically feasible.'
That $10 figure - together with the final proposed levy of between $2 and $4 >>- appeared to be the basis of the government's claim that households would >>save an average $50 on their annual power bills."
A net $8/MWh saving - if it were passed on in its entirety - would translate >>to $56 for an average household using 7MWh of electricity per year."
So an estimated $50 per year or $4.17 per month saving. Will the average >>customer notice this on their power bill?
So in short its a matter of a $2 tax per MWh for anyone using gas and a $8 >>saving per MWh. If the tax is the upper limit the we has $4 tax and $10 >>saved per MWh, giving $6 net saving per MWh, or $42 (6*7) per year for the >>average user of 7MWh.
I also note the the Government is in panic mode and wishes to just get it >>built as otherwise the lights will go out (in a dry year) which might be >>2027. Plan to ride rough shod over the processes, almost as bad as the >>previous Labour Government.
A net $8/MWh saving - if it were passed on in its entirety - would translate to between $56 for an average household using 7MWh of electricity a
year."
For context, $2/Mwh = $0.002/Kwh - so a monthly bill of 900 Kwh will
result in a charge of $1.80.
Who is exporting LNG in the quantities required and at what price
currently?
Methanex currently takes around 45% of NZ Natural Gas production.
Would it not make sense to shut this down and use Natural Gas instead
of imported LNG?
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