Megatel kWh Electricity Rates & Energy Plans

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MegatelDomestic offer Residential Electricity

Contract Length: no fixed term

Exit Fees: no exit fee

Your Energy Plan Tariff Explained

  • Tariff type: a simple, anytime single‑rate electricity plan ("24 hours same rate per channel"). There are no peak/off‑peak time bands and no free‑periods. Charges comprise a daily fixed charge plus a variable usage charge per kWh, with variable rates including the Electricity Levy. Meter configuration (e.g., controlled/uncontrolled) and local network category determine the applicable rates.
  • Plan term and structure: open‑term for the standard Simple Energy Plan (no fixed term, no break fee). Promotional variants may be on a fixed term (e.g., a 12‑month contract for a welcome‑credit), after which standard open‑term pricing applies unless renewed.
  • Low‑User vs Standard‑User: Megatel offers both Low‑User and Standard‑User options (subject to eligibility). In line with the Government’s phase‑out of the Low Fixed Charge regulations, Megatel’s Low‑User daily charge is set at $1.50 per day from 1 April 2025 (before GST and after any applicable discounts). Standard‑User plans have a higher daily charge and lower per‑kWh rate than Low‑User plans; the better option depends on annual usage.
  • How pricing is calculated: Your bill shows the number of days on supply (daily charge) and electricity consumed (per‑kWh charge) for each meter channel (e.g., controlled hot water). Energy is billed in arrears on a monthly cycle. If you export solar, a separate export line appears with a buy‑back rate (see Additional notes).
  • Price per kWh and regional rates: Megatel does not publish a single nationwide price table; per‑kWh and daily charges are property‑specific and depend on your network and meter setup. For current rates, use Megatel’s address/ICP checker or contact Megatel directly.
  • Northland, Auckland, WaikatoBay of Plenty, Central North Island, Eastland, Taranaki, Whanganui, Wellington, Marlborough, Westland, Canterbury, Otago, Southland.
  • Eligibility notes: A smart meter is not required for the anytime tariff itself. An import/export‑capable smart meter is required to receive any solar export buy‑back. Bundled discounts (MEGA Saver) require electricity plus at least one eligible Megatel service at the same address/account, and discounts start once all services are active in the same billing period.

Additional Services Included

  • Optional add‑ons available when you bundle with Residential Electricity include: Broadband (discounted under MEGA Saver by $20/month; plan options typically include Fibre Starter, Fast Fibre and Faster Fibre), Mobile (monthly plan discounts ranging roughly from $3 to $16 depending on the plan; a one‑off $5 SIM delivery fee applies when adding mobile), and Natural Gas (10% off standard gas pricing when bundled).
  • These services are optional and priced according to the chosen plan; standard acceptance criteria and standard installation/reconnection fees may apply. Other optional services sometimes used with bundles include modem rental for broadband (one‑off $15 delivery; rental terms apply), VoIP home phone (charged separately; delivered over broadband; emergency‑calling and vulnerable‑consumer considerations apply), and network/technical add‑ons such as a static IP (charged separately).
  • The MyMegatel app/portal is included for account management and payments.
  • Specific monthly prices for broadband, mobile and add‑ons depend on the selected plan and are confirmed at sign‑up..
Offer condition
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Residential Electricity
  • Residential customers only; standard acceptance and credit criteria apply. Electricity must be at the customer’s primary residence for fixed‑term welcome‑credit offers.
  • Simple Energy Plan is open‑term by default (no fixed term, no break fee). Some promotions (e.g., a 12‑month welcome credit) require a fixed‑term electricity contract with an early termination fee if ended early.
  • MEGA Saver bundle discounts require electricity plus at least one eligible Megatel service (broadband, mobile, or natural gas) at the same address and on the same account; discounts begin once all services are connected within the same billing period.
  • Pricing components include a daily fixed charge and variable per‑kWh charges by meter channel; rates depend on network/meter category and are confirmed via address/ICP check. Energy is billed monthly in arrears.
  • Low‑User and Standard‑User plans are available (subject to eligibility). Low‑User daily charges follow Government phase‑out settings and may change annually in line with regulation.
  • Megatel provides at least 30 days’ advance notice for price or discount changes. For fixed terms, prices can still change for taxes/levies, third‑party cost changes (network/transmission/metering), corrections to pricing inputs, capacity changes, or when moving property.
  • Payment methods emphasise secure recurring payments and in‑app/online payments; Megatel does not accept credit/debit card payments over the phone. Direct debit and recurring card payments are available via the MyMegatel app/portal.
  • Disconnection for non‑payment follows notice requirements (at least 7 working days’ advance notice and a final 24‑hour warning, unless emergency/legal exceptions apply).
  • Moving house ends address‑specific promotions; customers can re‑sign at the new property if services are available. Standard installation/reconnection and additional service charges may apply.
  • Solar export requires an approved import/export meter; exported generation is credited separately on the bill at Megatel’s published buy‑back rate.

Who Gets the Most from This Plan?

This simple anytime single‑rate plan suits households that prefer predictable pricing without managing peak/off‑peak windows. Small families and larger households can benefit from the open‑term flexibility and can reduce total monthly costs by bundling electricity with Megatel broadband, mobile and/or gas under MEGA Saver. Renters or those wary of long commitments may value the no‑fixed‑term structure on the standard plan. EV owners who value straightforward, same‑rate charging may find the plan convenient, but there is no EV‑specific or overnight‑cheaper tariff; those who primarily charge off‑peak to maximise time‑of‑use savings may wish to compare alternatives. Solar users can connect an import/export meter and receive a published buy‑back rate for exported generation, making this plan suitable if you want basic export credit alongside a simple retail tariff (self‑consumption still typically yields the greatest savings).

Promotions & Discounts of Residential Electricity Offer
savings
  • 💰 Megatel’s core ongoing offer for Residential Electricity is the MEGA Saver Promotion, which gives a 5% discount off standard electricity pricing when electricity is bundled with at least one other eligible Megatel service at the same address and on the same account (eligible services are broadband, mobile and/or natural gas)
  • 💰 Additional MEGA Saver bundle discounts include 10% off standard natural gas pricing, $20 off monthly broadband pricing, and monthly mobile discounts that vary by plan (typically $3–$16)
  • 💰 Discounts commence only once electricity and the other eligible service(s) are all connected within the same billing period, apply on open-term supply (no fixed term and no early termination fee for this promotion), and Megatel provides at least 30 days’ notice if any discount amounts change. An active joining incentive for 2025 is the Electricity $150 Welcome Credit Promotion, which provides a $150 credit for new residential electricity customers who sign a 12‑month fixed‑term electricity contract at their primary residence (the property must not have been powered by Megatel within the prior six months)
  • 💰 The credit appears on the first bill; an early termination fee of $150 (incl
  • 💰 GST) applies if the contract ends early
  • 💰 This welcome credit can be combined with MEGA Saver bundle discounts
  • 💰 Timing requirements apply (connection usually within one month of application), and standard acceptance/credit criteria and standard installation/reconnection fees may apply. In some network areas, distributor rebates (for example, periodic credits from local lines companies) may be passed through on bills when the distributor issues them
  • 💰 Eligibility and timing are determined by the local network’s rules (e.g., being connected on the network’s stated eligibility date) and the credit appears on the Megatel bill under a network-discount line
  • 💰 These distributor payments are not Megatel-run promotions and vary by region and year.

How Your Plan Pricing Can Change?

Megatel confirms electricity (and gas) prices at provisioning and may change them thereafter as allowed in its Energy Plan Special Terms For customers on a fixed contract supply term, prices generally remain the same for the term unless adjustments are required due to taxes or levies (e.g., GST, Electricity Authority Levy, Emissions Trading Scheme), changes to third‑party costs such as network, transmission, or metering charges (which can affect both daily and variable components), corrections where pricing was set using incorrect or updated meter/network information, capacity changes initiated by the customer or network, or when the customer moves to a different property. For customers on open‑term (unfixed) supply, prices are not fixed and may change from time to time In all cases (fixed or open‑term), Megatel provides at least 30 days’ advance notice of price changes and the reason for the change If an application’s connection date is more than about three months after application, initial quoted rates may be reconfirmed closer to the actual connection date to reflect current standard pricing For MEGA Saver (open‑term) promotions, Megatel may also vary the discount amounts with at least 30 days’ advance notice.

MegatelDomestic offer Simple Gas

Contract Length: no fixed term

Exit Fees: no exit fee

Your Energy Plan Tariff Explained

  • Plan scope: when paired with Simple Gas, electricity is provided on Megatel’s Simple electricity plan. Tariff type: Variable single-rate (\"anytime\") with the same cents/kWh for 24 hours; there are no defined peak/off-peak windows or free-power periods.
  • How charges are calculated: a daily fixed charge plus a per‑kWh variable usage charge. Megatel offers both Low User and Standard User categories (availability depends on your primary residence and usage). From 1 April 2025, Megatel’s Low User daily fixed charge aligns with the Government’s phase‑out settings at $1.50/day (after any applicable discounts and before GST); Standard User daily charges and all per‑kWh rates vary by address and network.
  • Metering: a smart meter is not mandatory for the Simple electricity plan; if you have a non‑smart meter, Megatel may estimate reads. Bills are generally issued monthly.
  • Contract options: open‑term electricity is available; some welcome‑credit offers require a 12-month fixed term. Under MEGA Saver bundling, an ongoing electricity discount of 5% may apply while the bundle remains active.
  • Regional pricing: exact per‑kWh and daily charges are address- and network-specific. For Northland, Auckland, Waikato, Bay of Plenty, Central North Island, Eastland, Taranaki, Whanganui, Wellington, Marlborough, Westland, Canterbury, Otago, and Southland, please contact Megatel directly to confirm the current daily fee and price per kWh for your ICP/location.

Additional Services Included

Offer condition
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Simple Gas
  • Simple Gas provides piped natural gas service in the North Island (service availability depends on address and network connection status).
  • Open‑term option: no fixed term and no break fee for the standard Simple Gas plan.
  • $50 gas welcome credit option: available to new residential gas customers who take Simple Gas on a 6‑month fixed term at their primary residence; credit is applied to the account (not cash); cannot be combined with MEGA Saver; gas must be connected within one month of sign‑up; early termination fee of $50 (incl. GST) applies if you end the term early; valid until 31 December 2025; move‑related fee waivers may apply if Megatel cannot supply gas at your new address or you continue service at the new address.
  • Bundling: to receive ongoing MEGA Saver bundle discounts (e.g., 5% off electricity, 10% off gas), the relevant services must remain connected and eligible.
  • Standard acceptance criteria apply; standard installation/reconnection and other service fees may apply. Metering and access requirements apply for reads and maintenance.
  • Operational note: due to current gas constraints, Megatel is not accepting requests for brand‑new gas connections in some areas (e.g., Auckland) at this time; existing connections can still be switched subject to eligibility.
  • Pricing may change for reasons including taxes/levies, network and metering cost changes, regulatory changes, or corrections to pricing category/meter set‑up; Megatel provides notice consistent with its terms.

Who Gets the Most from This Plan?

Simple Gas with the Simple electricity plan suits customers who prefer straightforward, all‑day same‑rate electricity and the option to bundle services for ongoing savings. That typically includes small families and renters who value open‑term flexibility, one bill for multiple services, and predictable pricing without managing peak/off‑peak windows. It can also fit large households or small businesses that want to stack MEGA Saver bundle discounts across electricity, gas, broadband, and/or mobile. EV owners and solar users seeking the lowest possible off‑peak charge or specific export buy‑back arrangements may find a dedicated time‑of‑use or solar‑targeted plan elsewhere more optimised; however, those who prioritise simplicity and bundled savings over time‑shifting can still benefit.

Promotions & Discounts of Simple Gas Offer
savings
  • 💰 Simple Gas is a gas plan; electricity discounts become available when you also take Megatel electricity
  • 💰 The ongoing MEGA Saver bundle discounts include an electricity discount of 5% when you bundle electricity with one or more eligible services (e.g., gas, broadband, and/or mobile), and a 10% gas discount when gas is bundled with electricity
  • 💰 Discounts apply while the bundled services remain active; plan term depends on the offer selected (open-term options are available, and some welcome-credit offers use fixed terms). For electricity sign-ups, Megatel is advertising welcome-credit campaigns that may run alongside MEGA Saver
  • 💰 Current examples include a $150 electricity welcome credit for new electricity customers on a 12‑month fixed-term (this credit can be used with MEGA Saver) and a separate “Join online” $250 electricity welcome credit based on a 1‑year fixed-term electricity plan (campaign terms apply)
  • 💰 In addition, Megatel may apply a prompt payment discount when the full bill is paid on or before the due date (eligibility varies)
  • 💰 If you’re in a lines area that pays annual or semi‑annual network discounts (for example, Northpower or WEL), Megatel passes those through to eligible customers automatically according to the local network’s rules and the usage period those networks specify.

How Your Plan Pricing Can Change?

Megatel charges electricity at the rates set out in your pricing schedule or special terms and may change your pricing schedule or move you to an alternative pricing schedule If that happens, they will notify you and pro‑rate usage between old and new rates across the billing period; they will also give at least 30 days’ notice when charges that they recover on behalf of third parties (for example, distribution/lines companies, transmission, and metering providers) change, unless Megatel itself receives insufficient notice, in which case they will give as much notice as practicable. Valid adjustment factors include changes in government taxes or levies (e.g., Electricity Authority levy), regulatory changes (such as the phased removal of Low Fixed Charge regulations affecting daily charges), updates to third‑party network or metering fees, and shifts in Megatel’s own energy and business costs driven by wholesale market conditions Low User daily charges are updated in line with the government schedule (from 1 April 2025, $1.50/day after applicable discounts and before GST).

Frequently Asked Questions about Electricity Rates

❓What’s the difference between fixed, variable, and spot pricing?

  • Fixed rate: Your price per kWh stays the same for your contract term.
  • Variable rate plans: Prices can change when the provider adjusts its rates, often in line with wholesale energy costs.
  • Time-of-use plans: You pay different rates depending on when you use power (cheaper overnight, higher during peaks).
  • Spot pricing: Your rate fluctuates with real-time wholesale prices. This can mean savings during off-peak times but higher costs during spikes.

❓What is a “fixed charge” and why do I pay it every day?

The daily fixed charge helps cover network maintenance and connection costs. You pay it even if you don’t use any electricity that day a bit like a line-rental fee for staying connected to the grid.

NZ also has low-fixed-charge plans for households that use less than 8,000 kWh per year (9,000 kWh in the lower South Island). These plans charge a smaller daily fee but a slightly higher unit rate.

❓Why do different regions have different electricity prices?

Each part of NZ has its own distribution network, and the cost of maintaining it varies. For example:

  • Remote or rural lines cost more per customer to maintain than city networks.
  • Some networks (like Wellington or Auckland) have more underground cabling pricier to upgrade but less storm-prone.

That’s why someone in Dunedin might pay different rates from someone in Hamilton, even with the same provider, being Megatel or other.

❓How to Tell if You’re Getting a Good Electricity Deal?

When comparing electricity plans, look beyond just the headline price. Here’s what to review carefully:

  • Unit rate (¢/kWh): This is the price you pay for each unit of electricity used — the lower, the better.
  • Daily charge: A fixed cost added each day, regardless of usage. Compare these across providers.
  • Time-of-use plans: You pay different rates depending on when you use power (cheaper overnight, higher during peaks).
  • Contract term and exit fees: Check how long you’re locked in and what it costs to leave early.
  • Discounts or bundle offers: Some plans include perks for paying on time or combining electricity and gas.
  • Service reliability and app tools: Consider the provider’s reputation for customer support and whether they offer helpful online or mobile account management.