01 Jul 2026
3 months ago
825 views
New rules require large power companies in New Zealand to offer time-of-use pricing plans that reflect varying electricity costs throughout the day, allowing customers to save by shifting usage to cheaper periods. These plans include peak, off-peak, and night pricing, and also reward customers who export solar power back to the grid, encouraging renewable energy adoption. This initiative is part of the Government’s broader strategy to provide affordable, reliable energy and give consumers more control over their power bills.
09 Jun 2026
4 months ago
989 views
The New Zealand Government is introducing the Winter Energy Reliability Obligation, requiring major power companies and large electricity users to secure sufficient back-up energy ahead of dry winters to prevent power shortages and price spikes. This includes stricter penalties for non-compliance and enhanced oversight by the Electricity Authority to ensure dry-year risks are managed effectively, boosting system resilience and price stability. The obligation is part of the broader Securing Affordable Energy plan, which also considers additional back-up supply options like LNG imports and aims to rebuild the energy system for reliable, affordable power.
01 Oct 2025
1 year ago
1289 views
The Government assures power companies it will provide capital for critical electricity infrastructure investments to ensure energy security and competitiveness. Measures include supporting equity injections for strategic projects and addressing gaps in the energy system to lower consumer prices. The Energy Package focuses on security of supply through LNG import facilities and building better markets by incentivizing new energy projects and strengthening regulatory bodies.
19 Aug 2025
1 year ago
1405 views
Energy Minister Simon Watts welcomes a new rule by the Electricity Authority to boost retail competition among smaller power companies, aiming to lower power prices for struggling Kiwis. The rule will prevent large power companies from cross-subsidizing themselves and offering discounts, creating a level playing field for all competitors. These changes, developed under the Energy Competition Task Force, aim to encourage investment in new generation and improve economic outcomes, with further improvements to be consulted on later this year.