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.
| 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
| 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
| 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.
Sustainability
Find out more about our sustainability journey.
