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Selectra New Zealand
NZ energy hub

Your guide to New Zealand energy

Power companies, c/kWh prices, government schemes, solar buy-back and EV plans: everything Kiwi households need to choose, switch and save on electricity.

Curated NZ guides. Local + global insight. Updated for 2026.

The Kiwi power guide, refreshed for 2026.

$2,500

Average annual NZ power bill

40+

Electricity retailers

~85%

Power from renewables

$400

Potential annual savings

The big 4 gentailers

New Zealand's largest power companies

Four gentailers, which both generate and retail electricity, supply most Kiwi homes. Below them, dozens of independent retailers compete on price and service.

Generation sources

Hydro Geothermal Wind Thermal

Genesis Energy

Largest retailer

NZ's biggest power and gas retailer, blending thermal back-up with hydro, wind and geothermal generation.

Hydro Wind Thermal
70% renewable

Contact Energy

Geothermal leader

Major geothermal generator with electricity, broadband and bottled-gas bundles for Kiwi households.

Geo Hydro Thermal
82% renewable

Mercury

100% renewable

Hydro and geothermal generator that markets itself as a fully renewable retailer.

Hydro Geo Wind
100% renewable

Meridian Energy

Hydro & wind

NZ's largest renewable generator, powered entirely by South Island hydro and wind farms.

Hydro Wind
100% renewable

3 simple steps

How to switch power company

Switching electricity providers in New Zealand is free, takes minutes and never interrupts your power supply.

1

Compare plans

Use our guides and our retailer directory to compare retailers, c/kWh rates and daily fixed charges for your region.

2

Sign up

Pick your new retailer and apply online. They handle the switch with your old company, with no paperwork on your side.

3

Start saving

The switch takes 5–10 working days. Your power never goes off, and you start paying the cheaper rate from day one.

Built for Kiwi households

Editorial energy guides you can trust

Our NZ team curates every page on this hub — from retailer breakdowns to government scheme eligibility — drawing on Selectra's decade of energy market expertise across 16+ countries. No clickbait, no hidden affiliate-only rankings: just clear, sourced information so Kiwi households can make smarter power decisions.

100%

Free, no sign-up required

16+

Countries Selectra operates in

10+ years

Of energy market expertise

The Selectra expert answers your questions

Selectra New Zealand is a free and independent energy comparison service operated by Selectra. With 10+ years of experience in 16+ countries, we publish clear guides on electricity retailers, prices and government schemes so Kiwi households can switch power companies with confidence.

Yes. Selectra New Zealand is 100% free and has no contractual obligation. You are never required to switch retailer or buy any service. Our guides are paid for through partnerships with select retailers, but rankings and editorial content stay independent.

Switching power company in NZ is simple. Pick a new retailer, sign up online (you usually only need your ICP number from a past bill), and the new company handles the switch with your old retailer. The change takes 5–10 working days and your power supply is never interrupted.

We cover every major NZ retailer, from the four gentailers (Genesis, Contact, Mercury and Meridian) to independent retailers such as Nova Energy, Electric Kiwi, Flick, Pulse, 2degrees and Octopus Energy. Browse the full NZ retailer directory for live tariffs, contract terms and renewable share.

NZ retailers offer two pricing categories: low user (under 8,000 kWh/year, lower daily charge, higher per-unit rate) and standard user (over 8,000 kWh/year, higher daily charge, lower per-unit rate). The Electricity Authority is phasing out this distinction, but it still applies to most plans. See our low user vs standard user guide.