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Power price update — August 2026

Updated 7 September 2026

We periodically ask electricity retailers for their latest prices. As each update is processed, this page compares it with that retailer’s prices from the previous period.

The national figures average comparable plan changes within each area, with every area given equal weight. They show how prices are moving, not the average New Zealand power bill.

  • Typical household: Typical residential usage with morning and evening peaks.
  • Power-shifting household: The same annual usage, with flexible demand moved into daytime and off-peak hours.
  • Solar + power-shifting household: The power-shifting profile with a 5 kW solar system and regional solar generation.

All prices include GST. The solar household calculation includes each retailer’s published export credits.

2degrees has joined the comparison with its 2degrees Power plan, including its 10% discount for eligible broadband customers. Contact Energy expanded into 1 more area, and its prices increased by about 5.9% for a typical household. Ecotricity expanded into 2 more areas, with almost no change to its prices. Electric Kiwi increased its prices by about 10.1% for a typical household. Genesis Energy’s EVHome and PowerHome prices have not changed, and its new PowerHome TVP plan has been added. Meridian’s Freedom prices have not changed, and its new Night Saver plan has been added. Octopus expanded into 10 more areas, with almost no change to its prices. Prices from Mercury, Nova Energy, Powershop, Pulse Energy and Wise Prepay haven’t changed.

National average price change by retailer

RetailerUpdatedTypical householdPower-shifting householdSolar + power-shifting household
2degreesUpdated 7 September
Contact EnergyUpdated 2 September+5.9%+5.9%+9.3%
EcotricityUpdated 3 September+0.6%+0.3%+0.3%
Electric KiwiUpdated 30 August+10.1%+12.8%+14.4%
Genesis EnergyUpdated 3 September+0.0%+0.0%+0.0%
MercuryUpdated 2 September+0.0%+0.0%+0.0%
MeridianUpdated 2 September+0.0%+0.0%+0.0%
Nova EnergyUpdated 2 September+0.0%+0.0%+0.0%
OctopusUpdated 1 September−0.4%−0.4%−0.2%
PowershopUpdated 2 September+0.0%+0.0%+0.0%
Pulse EnergyUpdated 2 September+0.0%+0.0%+0.0%
Wise PrepayUpdated 2 September+0.0%+0.0%+0.0%

See how prices changed in your area

Household model

Auckland: 6,798 kWh/year. Typical residential usage with morning and evening peaks.

2degrees2degrees Power$2,935Newly available
Contact Energybasic$2,848$3,084+$237 (+8.3%)
Contact EnergygoodCharge$2,929$3,188+$258 (+8.8%)
Contact EnergygoodNights$3,232$3,453+$221 (+6.8%)
Contact EnergygoodWeekends$2,996$3,102+$106 (+3.5%)
EcotricityecoAnytime$2,697$3,012+$314 (+11.7%)
EcotricityecoSaver$2,812$3,126+$314 (+11.2%)
EcotricityecoSolar$2,674$2,988+$314 (+11.8%)
Electric KiwiEveryday$3,437$4,005+$569 (+16.5%)
Electric KiwiMoveMaster$3,386$3,745+$359 (+10.6%)
Electric KiwiSunday Saver$3,172$3,318+$146 (+4.6%)
Genesis EnergyEVHome$2,607$2,607No change
Genesis EnergyPowerHome$2,880$2,880No change
MercuryOne Year FixedNot available for this connection
MercuryOpen TermNot available for this connection
MeridianFreedom$2,832$2,832No change
MeridianNight Saver$3,034Newly available
Nova EnergyElectricity Multisaver PlanNot available for this connection
Nova EnergyElectricity PlanNot available for this connection
OctopusOctopusFlexi$3,036$3,036No change
OctopusOctopusPeaker$3,036$3,036No change
PowershopGet Shifty - Special Rates$3,185$3,185No change
PowershopGet Shifty - Standard Rates$3,461$3,461No change
PowershopUncontrolled - Special Rates$3,576$3,576No change
PowershopUncontrolled - Standard Rates$2,945$2,945No change
Pulse EnergyAnytime$3,053$3,053No change
Pulse EnergyPower Shift$3,380$3,380No change
Wise PrepayWISE16$3,435$3,435No change