BACKGROUND: Mallard Heralds "Cheaper" Electricity Bills - Low power users are now saving between $25 and $96 a year on their electricity bills because of regulations
introduced by the government that require companies to offer low fixed charge tariffs, Energy Minister Trevor Mallard
said today. "This policy is designed to help low power users and low income earners, including pensioners, to save on
their power bills, and it's working." See... Cheaper electricity bills from new regulation
Annual Saving on Low Fixed Charge (LFC) tariff ($ per year)
Including GST and after the deduction Prompt Payment Discount savings $ per year
Excluding GST and before the deduction of Prompt Payment Discount savings $ per year
Consumption per year
Consumption per year
Prices current as of:
Network Area
Incumbent Retailer
Plan type
4000kWh
6000kWh
7000kWh
4000kWh
6000kWh
7000kWh
Alpine Energy
Contact Energy
dual
158
79
40
157
78
39
1-Oct-04
Aurora Energy (Central Otago Clyde/Crom)
TrustPower
dual (friends)
78
39
20
81
41
21
22-Feb-05
Aurora Energy (Dunedin)
Contact Energy
composite
65
33
16
64
32
16
1-May-05
Buller Electricity
TrustPower
dual (friends)
251
130
70
263
136
73
20-Sep-04
Centralines
Meridian Energy
dual
36
18
9
35
18
9
1-Sep-04
Counties Power
Contact Energy
dual
71
35
18
70
35
18
19-Jul-05
Eastland Network (Eastland)
Contact Energy
dual
79
40
20
78
39
20
1-Apr-05
Eastland Network (Wairoa)
TrustPower
dual (friends)
59
29
15
61
31
16
1-Jun-04
Electra
Contact Energy
dual
85
46
27
84
46
27
1-May-05
Electricity Ashburton
TrustPower
dual (friends)
66
33
17
69
35
17
12-Nov-03
Electricity Invercargill
Contact Energy
dual
157
78
39
155
77
39
1-Oct-04
Horizon Energy Distribution
Bay of Plenty Electricity
composite
61
31
16
63
32
17
10-Apr-05
Kaiapoi Electricity
Contact Energy
composite
71
36
18
70
35
18
1-Sep-04
MainPower
Contact Energy
composite
71
36
18
70
35
18
1-Sep-04
Marlborough Lines
TrustPower
dual (friends)
139
70
35
146
73
37
1-May-05
Nelson Electricity
TrustPower
dual (friends)
118
59
30
123
62
31
22-Jun-04
Network Tasman
Contact Energy
dual
81
40
20
80
40
20
1-Apr-05
Network Waitaki
Meridian Energy
dual
130
65
33
128
64
32
1-Sep-04
Northpower
Meridian Energy
dual
66
33
17
65
33
17
1-Sep-04
Orion NZ
Meridian Energy
composite
43
22
11
43
21
11
1-Sep-04
OtagoNet
TrustPower
dual (friends)
131
66
33
137
69
35
11-Mar-05
Powerco (Hawera)
Genesis Energy
dual
68
34
17
67
34
17
1-Jul-04
Powerco (Manawatu)
Genesis Energy
dual
68
34
17
67
34
17
1-Jul-04
Powerco (New Plymouth)
Genesis Energy
dual
68
34
17
67
34
17
1-Jul-04
Powerco (Stratford)
Genesis Energy
dual
68
34
17
67
34
17
1-Jul-04
Powerco (Tauranga)
TrustPower
dual (friends)
76
38
19
80
40
20
30-Apr-04
Powerco (Thames Valley)
Genesis Energy
composite
175
88
44
173
87
44
9-Jan-05
Powerco (Wairarapa)
Genesis Energy
dual
68
34
17
67
34
17
4-Jul-04
Powerco (Wanganui)
Genesis Energy
dual
68
34
17
67
34
17
4-Jul-04
Scanpower
Meridian Energy
dual
15
8
4
15
8
4
1-Sep-04
The Lines Company (King Country)
King Country Energy
composite
152
78
41
138
69
35
1-Oct-04
The Lines Company (Waitomo)
King Country Energy
dual
162
94
59
149
85
53
1-Oct-04
The Power Company
Contact Energy
dual
173
87
43
171
86
43
1-Apr-05
Top Energy
Contact Energy
composite
71
36
18
70
35
18
1-Apr-04
Unison (Hawke's Bay)
Contact Energy
dual
163
81
41
161
80
40
1-Sep-04
Unison (Rotorua)
TrustPower
dual (friends)
115
58
29
120
60
31
1-Mar-05
Unison (Taupo)
TrustPower
dual (friends)
94
47
23
98
49
25
1-Mar-05
UnitedNetworks (Waitemata)
Genesis Energy
composite
148
79
44
146
78
43
23-Jan-05
UnitedNetworks (Wellington, North)
Genesis Energy
composite
88
44
22
87
44
22
12-Sep-04
UnitedNetworks (Wellington, South)
Genesis Energy
dual
109
61
37
108
60
37
12-Sep-04
Vector
Mercury Energy
composite
46
24
12
46
23
12
1-May-05
Waipa Networks
TrustPower
dual (friends)
41
21
10
43
22
11
1-Apr-05
WEL Networks
Genesis Energy
dual
58
29
15
57
29
14
14-Nov-04
Average
96
49
25
96
49
25
Minimum
15
8
4
15
8
4
Maximum
251
130
70
263
136
73
TrustPower "Friends" prices are around 3 to 8.5% cheaper than their standard prices. Terms and conditions apply.
Source: Electricity Group, Ministry of Economic Development, May 2005
For more data on electricity prices visit http://www.med.govt.nz/ers/inf_disc/prices