In 2017, the average electricity price in New Zealand was 28.8 cents per kWh which is a 2 per cent increase from the previous year.
Despite the increase in cost of electricity, electricity prices are at the lowest they have been in over 15 years. The reason for this is the increasing number of power companies operating in New Zealand.
New Zealand consumers have a lot of control over who they choose to be their preferred electricity provider. Customer loyalty is non-existent in New Zealand when it comes to who Kiwis choose as their power provider.
The consumer holds most of the power and there are many incentives to make the switch to a cheaper electricity provider.
Independent Consumer Group, Electricity Authority recorded 417,642 instances where households in New Zealand switched to a new power company. It’s also estimated that on average, people are switching their providers every 12 months.
Major cities such as Auckland, Wellington and Hamilton have some of the best deals available in terms of electricity prices.
This is due to the large number of power companies competing against one another and the huge amount of demand from consumers. Out of all the people that switch electricity providers in New Zealand, 21% of them are Aucklanders.
The incentives to switch power companies in Auckland are highly appealing.
Electricity prices fluctuate frequently so it is good to get into the habit of Comparing Auckland Power Companies in your area on a regular basis.
You may find that your electricity provider has increased their prices past their competitors. Keeping an eye on your electricity prices is an easy task with our Power Comparison Tool.
Consumers are highly educated with what their electricity options are, and many know that they can easily make the switch to a new provider.
We launched glimp to help Kiwis save money on common household utilities such as Broadband and Power. The glimp Power Comparison tool lets you input your details to compare your current plan with other deals available on the market.
Simply enter your address details, current power provider, the number of people in your household, and provide us with information such as how you heat your home.
With these details, we find and Compare Auckland Power Plans for your specific needs. You will see valuable information such as the annual cost of electricity from other power companies and the current discounted price.
Furthermore, our tool is completely free to use and we do not pass on any addition fees if you sign up to any plans through our website.
Try glimp and Compare Auckland Electricity Prices to see how your current electricity bills stacks up with the rest of the competition.