RETAILER - My Power Company – this is the company that sends you your bill. This charge relates to the energy you use and is the part of your bill that can be reduced with energy efficiencies. See EECA (https://www.eeca.govt.nz/) for further details.
VECTOR - Your Auckland lines company. Regulated by the Commerce Commission, Vector’s annual price increases are limited to the CPI plus changes in pass through costs.
PASSTHROUGH - Costs outside of Vector’s control including transmission charges from Transpower, rates from Council, and regulatory levies from the Commerce Commission and Electricity Authority.
For more information on the industry structure and Vector's role.
* This is an indicative breakdown only of your Auckland electricity power bill, excluding GST and prompt payment discounts.
* CPI is the Consumers Price Index and reflects the underlying rate of inflation.