Changes to gas network prices

Gas distribution prices effective from 1 October 2020  

Pricing Disclosure pursuant to Gas Distribution Information Disclosure Determination 2012 (consolidated April 2018).

Vector’s gas prices are only for the cost of distributing gas across our network and does not include the cost of delivering gas on First Gas’ transmission network.

Our annual price changes are limited under regulation to inflation (Consumer Price Index), plus any under/over recovery from the previous year (headroom) and changes in pass-through and recoverable costs (e.g. council rates and statutory levies).

From 1 October 2020, we are increasing our gas prices by a weighted average of 2.7% (3.0% for standard prices). The price change is associated with:
 

• An increase in CPI (+1.8%); and
• An increase in pass-through and recoverable costs (+0.9%).

The price table below is a summary of Vector's gas network prices, all prices are exclusive of GST.

For a full description of prices and how they are applied, see https://www.vector.co.nz/personal/gas/pricing or https://www.vector.co.nz/business/gas/pricing.

For further information on our pricing methodology used to set prices, see https://www.vector.co.nz/about-us/regulatory/disclosures-gas/pricing-methodology.

Prices for standard gas consumers from 1 October 2020 (previous price, if changing)

 

If you use natural gas you will have a contract with a gas retailer for the supply of natural gas to your home or business. Retailers will generally bundle the cost of services, such as the purchase price of wholesale gas, transmission, distribution services and metering, to provide you with one monthly bill.