Understanding the New Zealand Energy Market
– An Open Market That Puts Customers First

How It Works

The NZ energy market is made up of several key players:

• Generators: Produce electricity from renewable sources like hydro, wind, geothermal, and solar. Major generators include Mercury, Meridian, Genesis Energy, and Contact Energy.
• Transpower: A state-owned enterprise that operates the national electricity grid, transporting power from generators to local networks.
• Distributors (Lines Companies): Maintain the local electricity networks and deliver energy to homes and businesses. Distribution is region-specific and non-competitive.
• Retailers: Sell electricity and gas directly to consumers. There are over 30 electricity retailers offering various plans, pricing structures, and incentives.
• Consumers: Can compare plans, choose providers, and switch as often as they like—typically with no fees or disruptions.

Top Electricity Retailers in New Zealand

• Meridian Energy
• Genesis Energy
• Mercury Energy
• Contact Energy
• Nova Energy
• Frank Energy
• Powershop
• Electric Kiwi
• Slingshot Energy
• Pulse Energy

Many retailers offer bundled deals, including broadband and mobile, and use smart meters to provide accurate, real-time usage data and flexible billing options.

Why Compare Energy Plans?

The price of electricity can vary depending on:

• Your region (due to distribution charges)
• Your usage profile
• The provider’s rates and discounts
• Time-of-use or fixed pricing models

By comparing providers, Kiwi households and businesses can save hundreds of dollars per year while also choosing providers that align with their values—whether that’s low cost, 100% renewable energy, or excellent customer service.

Our Role

We help you take control of your energy costs. With our simple online tools, you can:

• Compare electricity and gas plans side-by-side
• Switch providers quickly and securely
• Access exclusive deals and promotions
• Track your savings over time