Electricity Price Increases

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23 posts

Geek
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#3465472 27-Feb-2026 14:49

I am not sure what we have done in Papamoa to upset the energy companies, but this has just come through. Octopus were clearly the best last time I checked and suspect they will be again after I compare prices again. Crazy figures. .

WolfmanNZ

148 posts

Master Geek
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#3465484 27-Feb-2026 15:25

Lolmil116:

I am not sure what we have done in Papamoa to upset the energy companies, but this has just come through. Octopus were clearly the best last time I checked and suspect they will be again after I compare prices again. Crazy figures. .

<in best Yorkshire accent> LUXURY!!

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

John19612

86 posts

Master Geek
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#3465489 27-Feb-2026 15:31

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.

Even worse is the deliberate mixture of Incl. and Excl. GST values in Mercury Energy emails.

sparky1685

88 posts

Master Geek
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#3465505 27-Feb-2026 15:56

Octopus in central Wellington - quite a hike in daily charge for us...

Your OctopusFlexi - Standard User rates

Your current and new prices are shown in the table below (including GST). The new rates take effect on 1st April 2026.

Tariff

Type

Current rate

New rate

Daily Charge

Per day

$2.6996

$3.2852

Peak

Per kWh

$0.2906

$0.3322

Off-peak

Per kWh

$0.2216

$0.2517

Night

Per kWh

$0.1454

$0.1661

sparky1685

88 posts

Master Geek
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#3465506 27-Feb-2026 15:57

Oops, that table appeared very different in the Post preview to the way it posted!

WolfmanNZ

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Master Geek
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#3465514 27-Feb-2026 16:07

sparky1685:

Oops, that table appeared very different in the Post preview to the way it posted!

Yeah I had same issue earlier trying to copy and paste the table from my Octopus email, just posted a screen grab instead. Again your prices even with the increase so much better than what mine were in Palmy.

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

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dantheperson

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#3465523 27-Feb-2026 16:29

WolfmanNZ:

Again your prices even with the increase so much better than what mine were in Palmy.

Is that PowerCo? They seem to be in the middle for the amount of line charge increases

https://www.comcom.govt.nz/regulated-industries/electricity-lines/understanding-how-changes-to-lines-charges-may-impact-your-electricity-bill/#jump-link-3

timmmay

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#3465531 27-Feb-2026 17:32

sparky1685:

Oops, that table appeared very different in the Post preview to the way it posted!

Let me introduce you to the edit button! 😀 It's at the top right of your posts. You could probably message with it to be a little easier to read.

DjShadow

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#3467241 6-Mar-2026 12:42

Made the jump from Genesis over to Meridian this morning, the import rates inc the line charge is a little higher, but the much bigger solar buy-back rate will off-set this for us

Lolmil116

23 posts

Geek
+1 received by user: 2

#3473268 24-Mar-2026 18:17

Lolmil116:

I am not sure what we have done in Papamoa to upset the energy companies, but this has just come through. Octopus were clearly the best last time I checked and suspect they will be again after I compare prices again. Crazy figures. .

I will be changing over to Contact in the next couple of days ($3 daily charge, 30c per kWh and free 9-5 on weekends). Anyone have a referral code I can use? Think we both get $100.

PS: they have a tie up with BP so you get 70% off EV charging at PEAK hours! Not off peak, but at peak hours?! Will make it cheaper than charging at home.

zenourn

281 posts

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#3473904 26-Mar-2026 10:31

HarmLessSolutions:

We're charging 2 EVs and battery garden tools, have pumped water, electric fence controller and a couple of 700L chest freezers. Our annual consumption is 11,500 kWh and we generate ~18,000 kWh from 13 kW of solar over 2 phases. We're currently in credit by $440.

You really need to rework your calculations as there's no good reason for 15 kW of solar not to be viable with your consumption rate.

Investigated again - now getting 24 kW of panels, 20 kW 3-phase inverter, plus battery installed next month 😀

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HarmLessSolutions

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#3473941 26-Mar-2026 11:08

zenourn:

HarmLessSolutions:

We're charging 2 EVs and battery garden tools, have pumped water, electric fence controller and a couple of 700L chest freezers. Our annual consumption is 11,500 kWh and we generate ~18,000 kWh from 13 kW of solar over 2 phases. We're currently in credit by $440.

You really need to rework your calculations as there's no good reason for 15 kW of solar not to be viable with your consumption rate.

Investigated again - now getting 24 kW of panels, 20 kW 3-phase inverter, plus battery installed next month 😀

Good stuff. Be aware that some power suppliers will balk at installations over 10 kW so your choices will be dictated by that. We export a lot and Ecotricity's Eco Solar plan is a good fit for us but as we import relatively little their higher supply rates don't impact us as much as they would heavy grid users. The GST added to their FITs is just the cherry on top.

Also Ecotricity's supply rates are only going up by those increases imposed by the lines company unlike the more hefty increases some providers are advising of next month.

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

Ge0rge

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#3478361 6-Apr-2026 08:42

I put some numbers into a webpage I made. It doesn't make for great reading, no matter how you look at it.

Company Days Daily Charge Import Cost Export Credit Net

Octopus Current 365 $503.70 $2798.79 $1166.94 $2135.55

Octopus New 365 $629.63 $3218.34 $1045.25 $2802.72

Meridian Solar Low User 365 $629.63 $3056.70 $1166.94 $2519.38

Meridian Standard User 365 $1018.39 $2723.78 $1166.94 $2575.22

Genesis EV Home Low User 365 $610.75 $3276.96 $858.05 $3029.67

Genesis EV Home Standard 365 $848.99 $3073.82 $858.05 $3064.76

Unfortunately, Ecotricity have currently "Paused on-boarding for maintenance" until the 15th of April, so I can't get any price information from them other than their export rates.

Is it worth my time to change to Meridian to save $283 this year I wonder?

(Edit to fix formatting - I had made a lovely table, that looked fantastic in the preview, that then got stripped out when I clicked post!)

Jase2985

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#3478376 6-Apr-2026 10:02

Ge0rge:

Unfortunately, Ecotricity have currently "Paused on-boarding for maintenance" until the 15th of April, so I can't get any price information from them other than their export rates.

That's really annoyed me as why does it take 2 weeks to update prices?

My plan is up on the 1st May so im just waiting on their prices before i decide where to move to.

dantheperson

226 posts

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#3478573 6-Apr-2026 21:17

Ge0rge:

Is it worth my time to change to Meridian to save $283 this year I wonder?

I took a long view. Octopus and Merdian were within a few $ against my last 12 month usage when i got my octopus price increase earlier in the year. But i switched because Merdian offered a 3 year lock, and i expect prices to be much higher in 3 years, plus with the increase in commercial solar, possibly lower feed-in rates.. Looks like they are only offering a 2 year lock at the moment, but still consider how much you will save over two years locking those rates in vs what the offers will in in April 2027. 2 years ago they were offering a 5 year lock...

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