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Electricity Bill Price Increase for Contact Energy Customers

Date 331addf45bb3516008aff5fb298ee62ac379c2c3a2b3907f5779c303044d921a Jul 14, 2020
Blog category fe5ce5147ae753a2d3756d369ad2708a946a9a272087e636187c73e45c076f93 Power
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This winter the size of your electricity bill is about to grow, however it is not just the extra use of heating that is driving the increase in prices.

Contact Energy announced that from June 6th, some customers will be paying an extra $5 to $12 per month. This is due to the increase in cost to get electricity from the grid to homes.

It was changing its electricity pricing in the following six regions around the country - Wellington, Christchurch, Taupo, Far North, Northland regions and Central Otago. Contact Energy spokesman said it is happening to account for a change in local network charges, which is the cost in which network companies charge to transport the electricity from the grid to homes, as well as a change in Contact’s charges.

The product pricing in each region is carefully considered, and for many Contact Energy customers this will be the first time they have adjusted the local network charges component in their electricity bill. It accounts for about 40 per cent of the bill.

This price hike will happen just two months after the following 15 regions fell victim to an increase in electricity bill prices - Invercargill, Otago, Southland, North Otago, Dunedin, Nelson, West Coast, Buller, Bay of Plenty, Rotorua, Timaru, Wairarapa, Eastland, Southern Hawke's Bay and Central Hawke's Bay. The average electricity bill increase for residential customers in those regions were between $4 and $12 per month.

However, the customers were given the option of signing up to a fixed plan to avoid the price change and lock in that rate until October 31, 2018

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Joy Jones , 2020-07-21

Great getting the broadband at a cheaper rate for 6 months but didnt score a good deal for the power - paying a little more than the one I was with.