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Table 0 5 10 15 20 Real average prices of natural gas in New Zealand By type, 1983–2023, NZ cents per kWh (at 2023 prices) Provider: Ministry of Business, Innovation, and Employment 1983 1987 1991 1995 1999 2003 2007 2011 2015
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Domestic electricity prices in New Zealand towns and
A limited selection of publicly advertised retail tariffs are surveyed for around 40 towns and cities across New Zealand. Prices are surveyed as a snapshot at the mid-point of each quarter (15 February, 15 May, 15 August and 15 November
Average nominal residential expenditure on electricity per
0 500 1,000 1,500 2,000 Average nominal residential expenditure on electricity per household in New Zealand Year ended March 2006–2024, NZD per annum Provider: Ministry of Business,
Real average prices of commercial and industrial electricity in New Zealand
0 5 10 15 20 25 30 Real average prices of commercial and industrial electricity in New Zealand By type, 1983–2023, NZ cents per kWh (at 2023 prices) Provider: Ministry of Business, Innovation,
Average residential expenditure on electricity per
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Average real residential expenditure on electricity per
0 500 1,000 1,500 2,000 2,500 Average real residential expenditure on electricity per household in New Zealand Year ended March 2006–2024, NZD per annum (adjusted to Q1 2024 prices) Provider: Ministry of Business, Innovation, and
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6 FAQs about [Average residential ESS price per 30MW in New Zealand]
How have residential electricity costs been revised?
residential costs back to the year ended March 2009 have been revised based on consistent information provided by all electricity retailers. Some retailers have also provided revised data back to the year ended March 2002. This has been incorporated into the residential electricity cost data.
How much electricity does a Kiwi household use?
The most recent stats show that, last year, the average Kiwi household used 7084kWh of electricity, at 34.25c per kWh, for a total cost of $2426. This works out to roughly $202 per month. Although most homes use more electricity over winter, and less in summer, due to heating costs.
What is the average power bill in NZ?
At the end of September 2023, Kiwis homes consumed, on average, about 7000kWh per year. This works out to cost roughly $197 per month, if the current average kilowatt (kWh) price is 33.74 cents.
When are retail tariffs surveyed in New Zealand?
A limited selection of publicly advertised retail tariffs are surveyed for around 40 towns and cities across New Zealand. Prices are surveyed as a snapshot at the mid-point of each quarter (15 February, 15 May, 15 August and 15 November each year).
How does the government calculate residential electricity cost per unit?
The Ministry collects the total value of sales, the total volume of electricity sold, and the number of connections. The residential electricity cost per unit is derived by dividing the dollar value of residential electricity sales by the number of kilowatt-hours (kWh) sold to residential customers.
How much does an electricity retailer charge a consumer?
An electricity retailer may charge a consumer 100 cents/day and 22c/kWh of electricity consumed. 26.6 c/kWh — that is, (2125/8000)x100. If the Retailer offered a 10% prompt payment discount, the final cost to the consumer would be 23.9 c/kWh. The line charge component is calculated in a similar manner (all figures include GST).