ELECTRICITY PRICING

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.

Line charges are approximately 26% of the average residential consumer's bill. Our annual price increases are limited under regulation to inflation (the Consumer Price Index) plus changes in pass-through costs (e.g. Transpower transmission charges). Transpower's charges are about 14% of an average 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 2017.

Our previous pricing schedules are available within our Annual Price Reviews here.

Are you on the right price category?
If you are a low-use electricity consumer it may pay to check you're in the right price category - it could save you money.  We have worked with your electricity retailer to assist low-use electricity consumers who use less than 8,000kWh per year, by offering low fixed charge price categories.

These categories have a combination of low daily charges and higher variable charges when compared with our standard price categories. This means if you use less than 8,000 kWh per year the low fixed charge price categories will be cheaper for you. To check if you're eligible for this price category, visit your retailer's website.

Your electricity retailer should inform you at least annually of how much energy you use, and whether it may be beneficial for you to switch to a low fixed charge category. If you want to know how much electricity you use, which price category you are on or whether you are eligible for a low fixed charge category, get in touch with your retailer - it could save you money. 

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. See details of our pricing ‘roadmap’ here.