Our line charges include the cost of transmitting electricity across Transpower's national grid and distributing it to you across our network. Line charges are billed to you by your electricity retailer.
Vector’s annual price increases are limited under regulation to inflation (the Consumer Price Index) plus changes in pass-through costs (e.g. Transpower transmission charges). In 2018, our line charges accounted for approximately 41% of an average residential consumer's bill, which include Transpower's charges which account for about 15% of an average residential consumer bill.
Delivering electricity line services efficiently
We remain one of the lowest-cost energy infrastructure providers in New Zealand, with an operating expenditure per consumer among the best in the country.
See our price schedules effective from 1 April 2018.
See our price schedules effective from 1 April 2019.
Our previous pricing schedules are available within our Annual Price Reviews here.
Plan for customer-led pricing
Vector’s helping to create a new energy future, in which pricing plays an important role. Vector is engaging with customers to ensure we deliver the pricing plans they want. Our current pricing ‘roadmap’ is located here, and was updated in October 2018.