Electricity Price Increases

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#3465246 26-Feb-2026 18:14

dryburn:

Auckland is pretty rough

$2.68 exGST daily

$0.26 / kWh exGST

i would love to have those prices. Ours in the Wairarapa are crazy high despite there being lots of wind and soon to be solar generation here. South Island prices also seem very low.

KiwiSurfer

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#3465248 26-Feb-2026 18:28

Powershop - low user special prices valid for all addresses in Vector Auckland Central/South from 1st April.

$1.725/day incl GST ($1.50 excl GST)

$0.269 kWh average incl GST ($0.2339 excl GST)
(ranges from $0.2486 to $0.2844 incl GST depending on month)

dantheperson

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#3465259 26-Feb-2026 19:07

allio:

I'm in Auckland too, centralish suburbs. As I said I really don't understand how the differences can be so large. This thread is quite illuminating actually.

I would be checking out Genesis if I were you. I thought I was paying a lot as my previous prices with Frank were $1.60 daily and 7.80 c/kWh.

Thanks for the info... i do usually shop around when the new rates come out and haven't found anyone cheaper for a while. Not many companies offering gas only these days and i've got solar so often the big bundles aren't great. Genesis only offer a bundle, and i've recently locked in meridian for 3 years on the electric side. However powerswitch show Contact have similar so i'll be switching. Wow 7.8c/kWh recently, assuming that's GST incl, then i've never had that low a unit rate, though as a low user prior to central heating I did prioritise the daily connection charge over the unit charge in the early days.

WolfmanNZ

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#3465262 26-Feb-2026 19:30

dantheperson:

allio:

I'm in Auckland too, centralish suburbs. As I said I really don't understand how the differences can be so large. This thread is quite illuminating actually.

I would be checking out Genesis if I were you. I thought I was paying a lot as my previous prices with Frank were $1.60 daily and 7.80 c/kWh.

Thanks for the info... i do usually shop around when the new rates come out and haven't found anyone cheaper for a while. Not many companies offering gas only these days and i've got solar so often the big bundles aren't great. Genesis only offer a bundle, and i've recently locked in meridian for 3 years on the electric side. However powerswitch show Contact have similar so i'll be switching. Wow 7.8c/kWh recently, assuming that's GST incl, then i've never had that low a unit rate, though as a low user prior to central heating I did prioritise the daily connection charge over the unit charge in the early days.

I'm with Genesis for gas only? (If thats what you meant) might be a regional thing of course

We went like this. he went like that. I say "Where'd he go?" Hollywood says "Where'd WHO go?!"

dantheperson

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#3465265 26-Feb-2026 19:44

WolfmanNZ:

I'm with Genesis for gas only? (If thats what you meant) might be a regional thing of course

Is that reticulated/mains/piped/natural gas or bottled LPG? Otherwise might be a legacy offer, but worth me giving them a call in the morning. I can't see a gas (piped) only offer on the website at present.

WolfmanNZ

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#3465267 26-Feb-2026 20:01

dantheperson:

WolfmanNZ:

I'm with Genesis for gas only? (If thats what you meant) might be a regional thing of course

Is that reticulated/mains/piped/natural gas or bottled LPG? Otherwise might be a legacy offer, but worth me giving them a call in the morning. I can't see a gas (piped) only offer on the website at present.

Mains - but I have been with them for a long time (dropped electricity a couple years ago) that might be why as well. We use a LOT of gas in winter for boiler heated radiators, but hardly any in summer (gas hob only) but the math for us is still cheapest possible per unit rate above all else as a result. I had the old fixed rate term several years ago and after the forst year of that they wantred to double the price (to be fair our house was a bit Sauna-ish that winter!!!)

We went like this. he went like that. I say "Where'd he go?" Hollywood says "Where'd WHO go?!"

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Stu1

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#3465279 26-Feb-2026 21:15

My gas has gone down must be a mistake

Ge0rge

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#3465323 27-Feb-2026 08:39

How many residential customers are GST registered? It strikes me as disingenuous to send pricing excluding GST, and is just another way to make it harder for customers to compare apples with apples.

HarmLessSolutions

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#3465326 27-Feb-2026 08:59

Ge0rge:

How many residential customers are GST registered? It strikes me as disingenuous to send pricing excluding GST, and is just another way to make it harder for customers to compare apples with apples.

Legal to quote GST exclusive prices so long as it is stated as such but does seem dodgy to do this for a predominantly non-GST registered customer base. Some of the providers do give the option of choosing whether GST inclusive or exclusive is displayed on their websites.

The real curious anomaly though is how some providers see fit to add GST to their export rates for all customers while others require proof of GST registration before they'll do so.

https://www.harmlesssolutions.co.nz/

Talkiet

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#3465372 27-Feb-2026 10:59

I just phoned Mercuty and they were VERY helpful until I asked when there was last a price increase in my area. Obviously if it's been 11 months since an increase here, there's about to be a huge one. Their answer?

"We aren't able to tell you when the last increase in your area was unless you are already a customer"

The person on the phone seemingly couldn't understand why I would even want to know. Wilful ignorance? Dumb? Policy?

Enough for me to discard them as an option.

Cheers - N

Please note all comments are from my own brain and don't necessarily represent the position or opinions of my employer, previous employers, colleagues, friends or pets.

MadEngineer

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#3465395 27-Feb-2026 13:13

Genesis:

You're not on Atlantis anymore, Duncan Idaho.

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ezbee

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#3465396 27-Feb-2026 13:43

Well good for Rio Tinto, they have a guaranteed sweetheart electricity price, subsidy on us. :-)

mudguard

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#3465413 27-Feb-2026 14:12

ezbee:

Well good for Rio Tinto, they have a guaranteed sweetheart electricity price, subsidy on us. :-)

I'm a bit on the fence with this one. Let's say we got rid of the smelter. We'd enjoy a 30% drop in prices. But like Auckland's regional fuel tax being removed, how long was it before we saw the price back to what it was.

I figure with the electricity we'd see an initial drop then a slow creep back up. I do wonder if the future is more local generation rather than mass distribution IE each new build has a minimum number of panels, X litres of water captured as grey water and so on. Not to replace the grid, but reduce the burden.

dantheperson

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#3465415 27-Feb-2026 14:21

mudguard:

I'm a bit on the fence with this one. Let's say we got rid of the smelter. We'd enjoy a 30% drop in prices. But like Auckland's regional fuel tax being removed, how long was it before we saw the price back to what it was.

I figure with the electricity we'd see an initial drop then a slow creep back up.

Yeah i think so too. The current phase of new generation assets being built started when Rio Tinto stopped holding the country to ransom and signed a long term deal, after the govt built more transmission capacity to take manapouri power north as a contingency/to call their Bluff.

If they hadn't signed that deal we wouldn't have the new generation coming online. They would wait until the surplus generation from Tiwai was soaked up and prices were back to where they were.

richms

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#3465417 27-Feb-2026 14:25

For what its worth, this is what I am on on the north shore in Auckland. Some of those unit rates that you guys are showing would financially ruin me.

25.8635 inc GST per unit and 334.65 Daily inc GST. I get stressed when the bill starts with a 5.

Richard rich.ms

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