Electricity pricing

From  1 April 2023, our electricity delivery charges in your region are increasing.

We’re here to connect the communities we serve to safe and reliable electricity through sustainable investment in our network.  

We do that by building and maintaining the poles, wires, transformers, and other assets that deliver power to your door. We continually  invest in these assets to ensure your electricity supply meets your needs – both now and in the future. 

We also work hard to help keep your energy prices affordable by planning carefully and delivering efficiently. Our revenues are set by the Commerce Commission and we update our prices  once a year. These prices reflect the costs of operating and investing in the network.


See below for a breakdown of how our charges are changing in each region.

Prices for Taranaki, Whanganui, Manawatū and Wairarapa 


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   Change  Weighting  Result
 Distribution 15.7%  74%  11.6%
 Transmission -9.9%  26% -2.6%
 Overall     9.0%

Prices for Coromandel, Thames and South Waikato

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   Change  Weighting  Result
 Distribution  15.2%  69%  10.5%
 Transmission  -0.2%  31% -0.1%
 Overall     10.4%

Prices for Bay of Plenty and Tauranga

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   Change  Weighting  Result
 Distribution  14.3%  71%  10.2%
 Transmission  -30.9%  29%  -9.0%
 Overall      1.2%

We're part of your power bill

Our charges make up around 27% of your overall electricity bill.


We also pass on Transpower’s charges for the national transmission network (also known as the national grid). These make up about another 11% of your electricity bill.


The other 62% of your bill is made up of all non-Powerco charges including generation costs, your retailer’s charges and GST.

The overall impact of our pricing changes on your electricity bill will depend on a few things, such as how and when you use our network and how your retailer chooses to structure the prices they charge you.


Connecting you now and in the future

We have 344,000 homes, businesses and industries connected with us across the North Island.

We continue to invest in your community to keep the lights on and the electricity flowing. We do this safely, reliably, cost-effectively and sustainably.

Our projects

Find out more about what we’re doing to invest in your area.

Find out more


Find out more about our sustainability journey.

Find out more