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Chart: Cheaper electricity bills from regulation

BACKGROUND: Mallard Heralds "Cheaper" Electricity Bills - Low power users are now saving between $25 and $96 a year on their electricity bills because of regulations introduced by the government that require companies to offer low fixed charge tariffs, Energy Minister Trevor Mallard said today. "This policy is designed to help low power users and low income earners, including pensioners, to save on their power bills, and it's working." See... Cheaper electricity bills from new regulation


Annual Saving on Low Fixed Charge (LFC) tariff ($ per year)

Including GST and after the deduction Prompt Payment Discount savings $ per year

Excluding GST and before the deduction of Prompt Payment Discount savings $ per year

Consumption per year

Consumption per year

Prices current as of:

Network Area

Incumbent Retailer

Plan type

4000kWh

6000kWh

7000kWh

4000kWh

6000kWh

7000kWh

Alpine Energy

Contact Energy

dual

158

79

40

157

78

39

1-Oct-04

Aurora Energy (Central Otago Clyde/Crom)

TrustPower

dual (friends)

78

39

20

81

41

21

22-Feb-05

Aurora Energy (Dunedin)

Contact Energy

composite

65

33

16

64

32

16

1-May-05

Buller Electricity

TrustPower

dual (friends)

251

130

70

263

136

73

20-Sep-04

Centralines

Meridian Energy

dual

36

18

9

35

18

9

1-Sep-04

Counties Power

Contact Energy

dual

71

35

18

70

35

18

19-Jul-05

Eastland Network (Eastland)

Contact Energy

dual

79

40

20

78

39

20

1-Apr-05

Eastland Network (Wairoa)

TrustPower

dual (friends)

59

29

15

61

31

16

1-Jun-04

Electra

Contact Energy

dual

85

46

27

84

46

27

1-May-05

Electricity Ashburton

TrustPower

dual (friends)

66

33

17

69

35

17

12-Nov-03

Electricity Invercargill

Contact Energy

dual

157

78

39

155

77

39

1-Oct-04

Horizon Energy Distribution

Bay of Plenty Electricity

composite

61

31

16

63

32

17

10-Apr-05

Kaiapoi Electricity

Contact Energy

composite

71

36

18

70

35

18

1-Sep-04

MainPower

Contact Energy

composite

71

36

18

70

35

18

1-Sep-04

Marlborough Lines

TrustPower

dual (friends)

139

70

35

146

73

37

1-May-05

Nelson Electricity

TrustPower

dual (friends)

118

59

30

123

62

31

22-Jun-04

Network Tasman

Contact Energy

dual

81

40

20

80

40

20

1-Apr-05

Network Waitaki

Meridian Energy

dual

130

65

33

128

64

32

1-Sep-04

Northpower

Meridian Energy

dual

66

33

17

65

33

17

1-Sep-04

Orion NZ

Meridian Energy

composite

43

22

11

43

21

11

1-Sep-04

OtagoNet

TrustPower

dual (friends)

131

66

33

137

69

35

11-Mar-05

Powerco (Hawera)

Genesis Energy

dual

68

34

17

67

34

17

1-Jul-04

Powerco (Manawatu)

Genesis Energy

dual

68

34

17

67

34

17

1-Jul-04

Powerco (New Plymouth)

Genesis Energy

dual

68

34

17

67

34

17

1-Jul-04

Powerco (Stratford)

Genesis Energy

dual

68

34

17

67

34

17

1-Jul-04

Powerco (Tauranga)

TrustPower

dual (friends)

76

38

19

80

40

20

30-Apr-04

Powerco (Thames Valley)

Genesis Energy

composite

175

88

44

173

87

44

9-Jan-05

Powerco (Wairarapa)

Genesis Energy

dual

68

34

17

67

34

17

4-Jul-04

Powerco (Wanganui)

Genesis Energy

dual

68

34

17

67

34

17

4-Jul-04

Scanpower

Meridian Energy

dual

15

8

4

15

8

4

1-Sep-04

The Lines Company (King Country)

King Country Energy

composite

152

78

41

138

69

35

1-Oct-04

The Lines Company (Waitomo)

King Country Energy

dual

162

94

59

149

85

53

1-Oct-04

The Power Company

Contact Energy

dual

173

87

43

171

86

43

1-Apr-05

Top Energy

Contact Energy

composite

71

36

18

70

35

18

1-Apr-04

Unison (Hawke's Bay)

Contact Energy

dual

163

81

41

161

80

40

1-Sep-04

Unison (Rotorua)

TrustPower

dual (friends)

115

58

29

120

60

31

1-Mar-05

Unison (Taupo)

TrustPower

dual (friends)

94

47

23

98

49

25

1-Mar-05

UnitedNetworks (Waitemata)

Genesis Energy

composite

148

79

44

146

78

43

23-Jan-05

UnitedNetworks (Wellington, North)

Genesis Energy

composite

88

44

22

87

44

22

12-Sep-04

UnitedNetworks (Wellington, South)

Genesis Energy

dual

109

61

37

108

60

37

12-Sep-04

Vector

Mercury Energy

composite

46

24

12

46

23

12

1-May-05

Waipa Networks

TrustPower

dual (friends)

41

21

10

43

22

11

1-Apr-05

WEL Networks

Genesis Energy

dual

58

29

15

57

29

14

14-Nov-04

Average

96

49

25

96

49

25

Minimum

15

8

4

15

8

4

Maximum

251

130

70

263

136

73

TrustPower "Friends" prices are around 3 to 8.5% cheaper than their standard prices. Terms and conditions apply.

Source: Electricity Group, Ministry of Economic Development, May 2005

For more data on electricity prices visit http://www.med.govt.nz/ers/inf_disc/prices


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