Electricity Prices

Annual inflation hits 3.7% in the September quarter with petrol continuing to lead the way, followed by the cost of constructing new housing, electricity, international airfares and local authority rates

Annual inflation hits 3.7% in the September quarter with petrol continuing to lead the way, followed by the cost of constructing new housing, electricity, international airfares and local authority rates

Petrol and diesel prices continue to rise month-on-month while onions record largest annual increase since 2008, Statistics New Zealand says

Petrol and diesel prices continue to rise month-on-month while onions record largest annual increase since 2008, Statistics New Zealand says

MBIE to consider proposal for moored vessel as Government shortlists preferred provider for LNG import terminal in Taranaki

MBIE to consider proposal for moored vessel as Government shortlists preferred provider for LNG import terminal in Taranaki

Westpac NZ’s September card spending shows a 1.4% monthly increase and a 7.7% annual increase in retail activity driven by soaring fuel costs

Westpac NZ’s September card spending shows a 1.4% monthly increase and a 7.7% annual increase in retail activity driven by soaring fuel costs

The Reserve Bank will need to raise OCR by more than it assumed, Westpac senior economist Satish Ranchhod says, due to 'ongoing sizable increases' in administered prices

The Reserve Bank will need to raise OCR by more than it assumed, Westpac senior economist Satish Ranchhod says, due to 'ongoing sizable increases' in administered prices

National's Nicola Willis says breaking up New Zealand’s major power gentailers would send a signal internationally that the country's energy is 'up for grabs'

National's Nicola Willis says breaking up New Zealand’s major power gentailers would send a signal internationally that the country's energy is 'up for grabs'

Labour promises to make 'excessive' prices illegal, and to set a 'clear legal test'

Labour promises to make 'excessive' prices illegal, and to set a 'clear legal test'

Majority government owned gentailers generated nearly $600 million in dividend entitlements for the Government during the June 2026 year as power prices rose

Majority government owned gentailers generated nearly $600 million in dividend entitlements for the Government during the June 2026 year as power prices rose

Mercury Energy boss says residential power price increases will be ‘at or under CPI’ inflation in the year ahead as the state-controlled generator and retailer looks to pass through its transmission and distribution pricing

Mercury Energy boss says residential power price increases will be ‘at or under CPI’ inflation in the year ahead as the state-controlled generator and retailer looks to pass through its transmission and distribution pricing

Westpac says retail spending scored a 2% gain in July as the FIFA World Cup drove up hospitality spending, but fuel prices continue to keep household budgets offside

Westpac says retail spending scored a 2% gain in July as the FIFA World Cup drove up hospitality spending, but fuel prices continue to keep household budgets offside

Finance Minister Nicola Willis says MBIE officials advise her data centres aren't expected to put upward pressure on electricity prices

Finance Minister Nicola Willis says MBIE officials advise her data centres aren't expected to put upward pressure on electricity prices

Annual inflation hits 4.1% in the June quarter with petrol leading the way

Annual inflation hits 4.1% in the June quarter with petrol leading the way

Responsibility for keeping the lights on to 'sit squarely with the electricity sector,' Energy Minister Simeon Brown says, with plans for LNG import terminal pushing forward, albeit it won't be funded by a levy on power bills

Responsibility for keeping the lights on to 'sit squarely with the electricity sector,' Energy Minister Simeon Brown says, with plans for LNG import terminal pushing forward, albeit it won't be funded by a levy on power bills

Gentailer crackdown: Electricity Authority moves to level the playing field in the electricity market between the so-called gentailers and other retail competitors

Gentailer crackdown: Electricity Authority moves to level the playing field in the electricity market between the so-called gentailers and other retail competitors

Government still looking at developing an LNG import terminal, with Energy Minister Simeon Brown saying it'll take into account the Middle East conflict as part of any final decisions

Government still looking at developing an LNG import terminal, with Energy Minister Simeon Brown saying it'll take into account the Middle East conflict as part of any final decisions