Lines charges for Wellington Electricity consumers from 1 April 2023.
The Electricity Authority has changed how it allocates transmission charges between consumer groups. This has resulted in the following changes to pricing on our network, effective 1 April 2023:
- Prices overall will decrease by 6%.
- Residential consumers will see a price decrease of 11% on average.
- Households on low-use electricity plans will receive a smaller decrease than those on standard-use plans, as this pricing category is being gradually removed over the next four years in line with the Government’s phase-out of the low fixed charge tariff regulations (visit MBIE's website to find out more).
- Some commercial consumers will see price decreases this year, while others will see price increases. To reduce the impact of this, we’re capping the average price increase for these consumer categories at 10% this year and will continue to smooth the transition over the coming years until completed.
Note:
- These changes are dependent on how electricity retailers package our lines charges.
- Only the lines charges portion of your power bill will be affected by these changes, which is about a third of the total costs.
Preparing for a carbon neutral future
The Government has put forward a number of initiatives to help reduce New Zealand’s greenhouse gas emissions, including the electrification of transport and phase-out of natural (fossil) gas – both of which are expected to increase electricity demand.
Our electricity network has busy times, like roads at rush hour. If we get more demand than our equipment can handle, we can build a bigger network to support this. Alternatively, to keep prices as low as possible, we can work together to shift power usage away from these busy periods and avoid or delay the cost of having to build a bigger network.
Our Time of Use pricing encourages consumers to do this through using appliances during off-peak hours, which may include overnight electric vehicle charging. This year, we’ll be developing new price structures that will allow us to offer new services for shifting power usage away from peak times. These will be reflected in 2024’s pricing.
Related Documents
1 April 2023 Wellington Electricity Lines Charges Notice
164 KB | pdf
Disclosure of prices
907 KB | pdf
Pricing Methodology
1.6 MB | pdf
Annual price setting compliance statement
878 KB | pdf
Electricity network pricing schedule
1.1 MB | pdf
Disclosure of modifications to prescribed terms of standard contracts
180 KB | pdf
Transmission pass-through methodology
236 KB | pdf
Pricing Strategy & Roadmap 2023
1.6 MB | pdf
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