Press Release – EntrustThe Government’s proposed Winter Energy Reliability Obligation is an indication that New Zealand’s electricity market is failing consumers and not delivering the reliable, affordable outcomes consumers were promised. Entrust says the electricity market appears to lurch from one energy crisis to the next, an unacceptable situation for a country with New Zealand’s natural resources. “Entrust has consistently supported structural reform and easing restrictions on lines companies to promote a more competitive market.” “What’s needed now is a more mature regulatory framework and a more competitive market to ensure it happens.” The organisation was created in 1993 to make sure power lines remained in the control of electricity consumers and was established under a trust deed on behalf of electricity consumers in the area previously served by the Auckland Electric Power Board.