Complete Guide to Comparing Electricity Plans in New Zealand
Everything you need to know about electricity plans, power providers, and how to save money on your electricity bill in New Zealand.
Table of Contents
Understanding Electricity Plans in New Zealand
New Zealand's electricity market is deregulated, meaning you can choose your electricity provider and plan. This competition benefits consumers by offering various pricing options and service levels. Understanding how electricity plans work is crucial for making an informed decision.
Every electricity plan consists of two main components:
- Fixed Daily Charge: A set amount you pay every day regardless of usage
- Unit Rate: The price per kilowatt-hour (kWh) of electricity you use
Types of Electricity Plans
Low User Plans
Designed for households using less than 8,000 kWh per year (about 667 kWh per month).
- Lower daily fixed charges
- Slightly higher unit rates
- Best for small homes, apartments
- Energy-efficient households
Standard User Plans
For households using more than 8,000 kWh per year.
- Higher daily fixed charges
- Lower unit rates
- Better for larger homes
- High electricity usage households
Other Plan Types
Fixed Rate Plans
Rates locked in for 1-2 years, providing price certainty.
Variable Rate Plans
Rates can change with market conditions, offering flexibility.
Time-of-Use Plans
Different rates for peak and off-peak hours.
Major Electricity Providers in New Zealand
Electric Kiwi
Digital-first provider with innovative features like free power hours and app-based management.
Meridian Energy
100% renewable electricity provider with competitive rates and green energy focus.
Contact Energy
Offers a wide range of plans including fixed-rate options and bundled services.
Genesis Energy
One of NZ's largest electricity providers offering competitive rates and renewable energy options.
How to Compare Electricity Plans
Step 1: Gather Your Information
- Find your monthly electricity usage (kWh) from recent bills
- Note your current provider and plan details
- Check if you're on a low user or standard user plan
- Review any contract terms or exit fees
Step 2: Use Our Comparison Tool
- Enter your monthly usage in our calculator above
- Review the calculated monthly costs for different providers
- Compare both fixed daily charges and unit rates
- Look for special offers or discounts
Step 3: Consider Additional Factors
- Customer service ratings and reviews
- Contract terms and flexibility
- Renewable energy options
- Additional services (gas, broadband bundles)
- Payment options and billing preferences
The Electricity Provider Switching Process
Choose Your Plan
Select the best electricity plan using our comparison tool.
Contact Provider
Sign up with your chosen electricity provider online or by phone.
Automatic Switch
Your new provider handles the switch process automatically.
Start Saving
Switch completes in 2-3 business days. Start saving on your next bill!
Tips for Saving Money on Your Electricity Bill
Immediate Savings
- Switch to a cheaper electricity plan
- Take advantage of prompt payment discounts
- Use energy-efficient LED light bulbs
- Unplug devices when not in use
- Use cold water for washing clothes
Long-term Savings
- Install a heat pump for efficient heating
- Improve home insulation
- Consider solar panels
- Upgrade to energy-efficient appliances
- Install a smart meter for usage monitoring
Ready to Compare Electricity Plans?
Use our free comparison tool to find the best electricity deal for your home.
Start Comparing Now