Electricity pricing

Electricity pricing

We’re one part of your electricity bill 

We own and maintain over 29,200km of local lines, cables, substations and other assets that deliver electricity to over 900,000 Kiwis across the North Island.  

We bring the electricity to your door, and this part of the supply chain is called ‘distribution’. 

The electricity bill you get from your retailer is made up of a number of charges: 

  • Distribution  
    This covers our costs to invest in and maintain our network to ensure we provide safe and reliable electricity to your door now and in the future.

  • Transmission 
    This covers Transpower’s costs of getting electricity from the power stations where it’s generated to our network via the national grid. Transpower charges us, and we pass this on to you. 

  • Generation, retail and other charges 
    This covers the costs of generating the electricity at the power station, your retailer’s costs, GST and levvies. This is also where you pay for the electricity that you use, as measured by your power meter reading. 

We update our prices each year to ensure we can continue to meet electricity demand as the communities we serve continue to growth, and the way our customers use electricity changes. 

Our new pricing is effective from 1 April each year.

The overall impact on your electricity bill will depend on things like how and when you use electricity and how your retailer chooses to pass our charges on to you. 

 

Electricity pricing bill percentage breakdown

Our prices from 1 April 2026

Our charges are increasing by an average of 9.3%.

Our charges differ depending on the region you live in. This reflects things like the varying levels of investment needed, and the number of customers we serve in that area. 

Increase in low-fixed user charges for residential customers

This year we’re continuing to phase out low-fixed charges in line with the removal of low-fixed charge regulations.

That means your low-fixed charge (if you’re on one) will go up, as we progressively bring it into line with standard daily fixed charges over the five years ending 2027.

Once complete, all of our residential customers will have the same daily fixed charge. That daily fixed charge rate depends on the region you live in. You can find your daily fixed charge rate in our pricing tables below.

To find out whether you are on a low-fixed charge you’ll need to contact your retailer (the company you pay your power bill to).

Find out more about why low-fixed charges are being phased out.

Prices for Coromandel, Thames and South Waikato

Coromandel, Thames and South Waikato pricing 1 April 2026 – 31 March 2027

Prices for Taranaki, Whanganui, Manawatū, Rangitīkei and Wairarapa

Western pricing 1 April 2025 – 31 March 2026

Our pricing tables explained

Click here for more information about how to understand our pricing tables.

More information on how we calculate our pricing is available in our pricing methodology document further down this page.

 

Learn More

Electricity pricing reform roadmap 

Our revenue is fixed each year and we’re progressing a number of changes to how we recover it based on how customers use the network. We’re moving towards a single and simple pricing structure for most customers that aligns with the costs to invest and operate the network.


Pricing roadmap April 2023

Wind turbine

Enabling a sustainable Aotearoa

Electricity is one of the critical ways that Aotearoa will reduce its carbon footprint and reach its goal of being net-zero by 2050.