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Meridian Enegy kWh electricity rates and energy plans

Compare every Meridian Enegy electricity plan currently on the market: tariff structure, contract length, exit fees, renewable share, solar buy-back and what each plan suits best. Data refreshed daily from the Selectra Energy-Core API.

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Meridian Enegy is one of the licensed electricity retailers operating in New Zealand, regulated by the Electricity Authority. On this page you will find every Meridian Enegy plan currently published in our comparator, with the tariff structure, fees, conditions and target audience for each one. Use it to understand what Meridian Enegy actually charges before you call them or sign up online.

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Meridian Enegy plans in detail

Every Meridian Enegy plan, decoded card by card.

Contract length, exit fees, tariff structure, who each plan suits best — straight from Meridian Enegy's published terms, with zero marketing spin.

Plans listed

9

live offers

Independent

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Covers

All NZ

North & South Island

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Meridian Enegy domestic plan

EV Plan

Contract length

2 years

Exit fees

no exit fees

Solar buy-back

12c per kWh

How the tariff works

  • Tariff type: Time‑of‑Use with two periods — night (9 pm–7 am) and day (7 am–9 pm), on a 2‑year fixed‑term contract.
  • Night pricing: electricity used from 9 pm–7 am is discounted by up to 50% versus Meridian’s standard day rate. Exact cents‑per‑kWh pricing and the daily fixed charge vary by network area and meter configuration.
  • Day pricing: electricity used from 7 am–9 pm is charged at the plan’s day rates for your region and meter setup.
  • Daily fixed charge: applies and varies by network and meter. Meridian provides a personalised quote; GST applies where relevant.
  • Solar export (optional): if you have solar, Meridian buys back excess generation at 12 c/kWh on the EV Plan (rate is variable with 30 days’ notice). An import/export meter may be required.
  • Eligibility requirements: residential customer with an operational smart meter (half‑hourly data), ownership of a plug‑in EV (provide registration), primary charging at the supplied ICP, not located on an embedded network, and one ICP per EV Plan.
  • Regional rates: pricing differs by region. For customers in Northland, Auckland, Waikato, Bay of Plenty, Central North Island, Eastland, Taranaki, Whanganui, Wellington, Marlborough, Westland, Canterbury, Otago, and Southland, per‑kWh rates and daily charges are determined by your local network and meter setup. If a specific regional rate cannot be confirmed for your address, please contact Meridian directly for an official quote.
  • Included promotion: a monthly credit of $35 (incl. GST) for 6 months, available only on the EV Plan.

Who this plan suits best

Best suited to EV owners (including PHEVs) who can shift a meaningful share of household consumption to the 9 pm–7 am overnight window. Households that regularly charge an EV overnight and run appliances such as washing machines, dryers, or dishwashers during off‑peak hours stand to benefit from the night‑rate discount and the six‑month credit. The plan can also work for small or large families with predictable evening routines and for solar households that primarily self‑consume during the day but still export some surplus (taking advantage of the 12 c/kWh buy‑back). It is not designed for businesses (residential only) or for customers without smart meters, on embedded networks, or those unable to use off‑peak hours for meaningful usage.

Additional services included

Solar buy‑back: Customers on the EV Plan can opt in to sell excess solar generation back to Meridian at 12 c/kWh (variable with 30 days’ notice). Buyer‑created tax invoices are provided, which can be useful for GST‑registered customers. An import/export meter may be required and can involve a one‑off metering charge; Meridian indicates these are typically around the low‑hundreds of dollars. The solar buy‑back is optional and paid as bill credits. Zero public charging network: Meridian operates the ‘Zero’ DC fast‑charging network accessible via the Zero app. This is separate from the EV Plan (standard per‑kWh public‑charging fees apply) and is offered as an optional, pay‑as‑you‑go service for on‑the‑go charging rather than an included plan feature.

Plan conditions at a glance

  • Residential customers only; one ICP per EV Plan; not available on embedded networks.
  • Ownership of a plug‑in EV (BEV or PHEV) required; provide vehicle registration and primarily charge at the plan’s ICP.
  • Operational smart meter capable of half‑hourly data is mandatory; if it stops communicating, Meridian may move you to another pricing plan.
  • Two‑year fixed‑term applies; break fees may apply for early termination except where terms allow exit without fees (e.g., certain disadvantageous changes).
  • Time‑of‑Use structure with night period 9 pm–7 am (discounted) and day period 7 am–9 pm.
  • Six‑month charging promotion is delivered as a $35 (incl. GST) monthly bill credit; available only on the EV Plan.
  • Rates, daily charges and eligibility can vary by region/network and meter configuration; GST applies where relevant.
  • Solar export on EV Plan is optional at 12 c/kWh; the buy‑back rate is variable with 30 days’ notice and may require an import/export meter.
  • If line‑company charges or price categories change, Meridian may end availability of the fixed plan for that ICP with at least 30 days’ written notice and offer alternatives.
  • Standard Meridian Supply Terms and Fixed Rate Plan terms apply in addition to the EV Plan Terms and Conditions.

Promotions and discounts

Meridian’s EV Plan currently offers two core incentives: a six‑month home‑charging credit and discounted night rates. New residential EV customers receive six months’ worth of home EV charging in the form of a $35 (incl. GST) monthly bill credit. The credit is only available on the EV Plan and is framed as covering typical home‑charging costs when charging overnight. Separately, the plan provides up to 50% off Meridian’s standard day rate for electricity used during the 9 pm–7 am overnight window; savings vary by network and meter configuration. Eligibility and terms: the EV Plan is residential‑only, fixed for two years, and limited to one ICP (installation) per plan. Customers must own a plug‑in EV (battery EV or PHEV), provide the vehicle registration number, primarily charge at the supplied ICP, and have an operational smart meter capable of half‑hourly data. The plan is not available on embedded networks. Break fees can apply if you leave the fixed term early, except in specific scenarios set out in Meridian’s terms (e.g., certain disadvantageous price changes).

How Meridian Enegy can change this plan's price

The EV Plan uses fixed energy rates for a two‑year term under Meridian’s Fixed Rate Plan terms, which generally prevent changes to your fixed energy rates during the term. However, Meridian may adjust non‑fixed components and make limited changes in defined circumstances. Examples include changes to the Electricity Authority levy, GST adjustments, or the introduction of new or additional government/regulatory charges. Meridian may also correct pricing if initial information used to set your charges was incorrect (e.g., meter setup details). If the lines company introduces a new network charge applicable to your ICP, your price category changes, or your capacity/metering configuration changes, Meridian can decide to cease the fixed plan for that ICP and will give at least 30 days’ written notice along with alternative plans/rates. Outside of fixed‑rate protections, Meridian’s standard terms specify 30 days’ notice for increases to rates, fees, or decreases to discounts; if a change disadvantages you, you may leave the plan within 30 days without exit fees. The EV Plan’s solar buy‑back rate (12 c/kWh) is variable during the term and can change with 30 days’ notice.

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Meridian Enegy domestic plan

Solar Plan

Contract length

3 years

Solar buy-back

17c per kWh

Who this plan suits best

Best suited to households that already generate solar and want certainty over export value and supply pricing for several years. It particularly benefits small families to larger households with daytime generation that regularly export, because the 17c/kWh export credit cushions bills when production exceeds consumption. It also suits customers who value price certainty over time‑of‑use discounts (e.g., those without heavy overnight charging needs). EV owners who prioritise low night‑time import rates may prefer Meridian’s EV Plan; however, solar households focused on maximising return from exports typically gain more from the Solar Plan’s higher buy‑back than from off‑peak import discounts. The Solar Plan is designed for residential sites; small businesses should consider Meridian’s business plans.

Additional services included

The Solar Plan includes a premium solar buy‑back service (17c/kWh) and buyer‑created tax invoices for exported energy; both are included features at no additional cost. Customers also get access to Meridian’s app and online account tools (included) to view usage and bills and to track exports. Meridian’s Smart Hot Water programme (a $10/month bill credit for allowing controlled hot‑water load) is advertised for eligible Freedom Plan customers and is not included with the Solar Plan. No other optional paid add‑ons are specifically promoted alongside the Solar Plan at this time.

Plan conditions at a glance

  • Residential solar customers only; rooftop system up to 10kW and an export‑capable smart meter are required.
  • Three‑year fixed‑rate term; energy and network charges fixed when your price category, capacity, and metering configuration remain unchanged and no new network charge is introduced.
  • Solar export buy‑back set at 17c/kWh for the plan term (excludes GST); buyer‑created tax invoices supplied for GST‑registered customers.
  • $300 one‑off account credit on joining; standard offer terms, eligibility criteria, and application of the credit apply.
  • Prices exclude GST; some networks may charge an export fee that is passed through on your pricing.
  • Import (consumption) per‑kWh and daily charges vary by network, user type (standard/low user), and meter configuration (Anytime or Day/Night) and are provided via personalised quote.
  • No free‑power periods are included; if available, Day/Night time windows are set by your local network and metering setup.
  • Government/regulatory levies (e.g., EA levy) may change during the term and can be passed through with notice; other allowable changes follow Meridian’s standard and onsite renewable generation terms.

Promotions and discounts

Meridian’s Solar Plan includes a $300 sign‑up credit and a premium solar export buy‑back set at 17c/kWh for the plan term. The offer is positioned specifically for homes that already have rooftop solar. Eligibility typically requires a residential connection with an export‑capable smart meter and a solar system up to 10kW. Rates are stated exclusive of GST, and some network companies may apply an export charge that appears on your pricing. The plan runs on a fixed‑term (three years as advertised for the Solar Plan), with the $300 credit applied once after joining (standard offer terms and eligibility criteria apply). Other Meridian promotions such as the Freedom Plan $10/month credit or EV Plan perks are separate and do not stack with the Solar Plan unless expressly stated.

How Meridian Enegy can change this plan's price

On the Solar Plan (a fixed‑rate plan), the energy and network portions of your price are fixed for the plan’s three‑year term provided your price category, capacity and metering configuration stay the same, and no new network charge is introduced. Government or regulatory levies (for example, the Electricity Authority levy) may change during the term and can be passed through with notice. If your site setup changes (e.g., meter reconfiguration, capacity change) or a lines company introduces a new charge, Meridian may not be able to continue the existing pricing and will give prior notice and help you move to applicable rates. For variable plans (not the Solar Plan), Meridian may change rates with 30 days’ notice. Solar export buy‑back on the Solar Plan is advertised as 17c/kWh for the term; export terms otherwise follow Meridian’s onsite renewable generation terms, and any applicable network export charges may be updated with notice in line with standard terms.

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Meridian Enegy domestic plan

Bach Plan

Contract length

2 years

Exit fees

no exit fees

Solar buy-back

12c per kWh

Who this plan suits best

Best for owners of low‑use holiday homes/second residences who want to avoid daily fixed charges and value price certainty over a set period. The plan is particularly suited to baches used intermittently or seasonally and consuming under roughly 3,000 kWh per year. It can also suit solar‑equipped baches that occasionally export energy, thanks to an available buy‑back rate. It is generally less suitable for high‑occupancy rentals, large households with heavy year‑round use, or customers seeking time‑of‑use night discounts for EV charging (those users may find a primary‑home EV‑focused plan more cost‑effective).

Additional services included

Solar export buy‑back: optional add‑on for customers with on‑site generation at the bach. Excess generation exported to the grid is bought at 12c/kWh (rate is variable during the term with 30 days’ notice; network export charges may apply in some areas). Included as an available option on this plan; no separate subscription fee beyond standard metering/eligibility requirements. Other add‑ons promoted by the provider (for example, Smart Hot Water or EV charging credits) are tied to different plan types and are not included with the Bach Plan.

Plan conditions at a glance

  • Available only for a second residential property (holiday home/bach); not for your primary residence.
  • You must also have your main home (or a small‑to‑medium business site) supplied by the same provider; if your main site leaves, the bach moves to a standard residential variable plan.
  • No daily fixed charges on the bach; you pay only for kWh used, plus the Electricity Authority levy and GST.
  • Energy rates for the bach are fixed for 2 years; the EA levy is not fixed and may change during the term; GST/regulatory changes may be passed through with notice.
  • Best suited to low‑use baches (around 3,000 kWh/year or less). Heavier‑use or frequently rented baches may be better on a standard residential plan.
  • Optional solar export buy‑back available (rate variable with 30 days’ notice); export network charges may apply depending on your area; export‑capable metering required.
  • Rates vary by network area and meter configuration and are provided via personalised quote; prices exclude GST.
  • Eligibility, credit and acceptance criteria apply; the provider may vary or cancel the plan and may end a fixed‑rate plan with at least 30 days’ written notice in specific circumstances (e.g., lines company pricing/category or metering changes).

Promotions and discounts

Active benefits on the Bach Plan focus on cost shape rather than headline sign-up credits. The core promotion is that there are no daily fixed charges on the bach connection; you only pay for electricity used at the property, plus the Electricity Authority levy and GST. Pricing is fixed for a two‑year term for the bach’s energy rates, providing short‑to‑medium‑term certainty for infrequent users. If you export solar from the bach, a buy‑back is available at 12c/kWh (variable during the term with 30 days’ notice). Some network companies charge an export fee; where applicable this is included in your pricing. There is no publicly advertised join credit specifically for the Bach Plan at present; general welcome offers may be limited to other plans and are provided at the provider’s discretion based on eligibility. Eligibility highlights: the bach must be a second residential property (not your primary residence) and you must also have your main home (or a small‑to‑medium business site) supplied by the same provider. If your main site leaves, the bach will be moved to a standard residential variable plan. Standard credit and acceptance criteria apply.

How Meridian Enegy can change this plan's price

Energy rates on the Bach Plan are fixed for the two‑year term set out in your offer. However, the Electricity Authority levy component is not fixed and may change during the term. Rates may also be adjusted to reflect changes to GST or to recover new or additional governmental/regulatory charges, with prior notice. If information used to set your charges (for example, meter configuration) is later found to be incorrect, charges may be adjusted to correct the error. For general changes to rates, fees, charges, or discounts outside the fixed‑rate protections, the provider gives at least 30 days’ notice and explains the reasons. If a change disadvantages you, you can leave your plan within 30 days of notice without otherwise applicable exit fees. If the lines company introduces new charges, alters your price category, or your capacity/metering configuration changes, the fixed‑rate plan may be ended with at least 30 days’ written notice and you’ll be offered alternative plans.

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Fixed Energy Plan

Contract length

2 years

How the tariff works

  • Tariff type: Fixed Energy Plan for business/agribusiness. The energy portion of your rate (per‑kWh) is fixed for the term; network charges, levies, and taxes remain pass‑through and may change.
  • Typical term: usually 2 years (contract length may vary by site and offer).
  • How charges are calculated: you pay a fixed energy price per kWh for usage, plus applicable network charges (including any daily fixed charges), the Electricity Authority levy, and GST. Network components and regulated charges can change with 30 days’ notice while your fixed energy rate remains unchanged.
  • Metering/tariff shape: pricing follows your metering configuration. Non‑half‑hourly sites may be single rate, day/night, or controlled. Larger TOU (time‑of‑use) sites are billed to measured periods; the Fixed Energy Plan fixes the energy rates that apply to those periods but does not fix pass‑through network rates.
  • Daily fees: where a daily fixed charge applies, it is part of the network component and may vary by network area and meter setup (not fixed under this plan).
  • Seasonal structures: in some networks, summer/winter network differentials apply; these are pass‑through and may change during the term.
  • Price per kWh: quoted individually for each ICP (site). Meridian does not publish plan‑specific per‑kWh energy rates or daily charges online for this plan; please request a quote for your site.
  • Inquire for regional rates: Northland, Auckland, Waikato, Bay of Plenty, Central North Island, Eastland,  Taranaki, Whanganui, Wellington, Marlborough, Westland, Canterbury, Otago, Southland.
  • Eligibility/notes: Fixed pricing applies while your price category, capacity, and metering configuration remain unchanged and no new network charge is introduced; if these change, Meridian may need to re‑price or move you to another plan. Exit fees are not typically charged for early termination on this plan; confirm your agreement.

Who this plan suits best

Best suited to small and medium businesses and farms that want budgeting certainty on the energy component and prefer to avoid exposure to wholesale price movements. It works well for sites with relatively stable or predictable usage profiles (e.g., offices, retail, workshops, sheds, dairy farms outside peak irrigation) that value price stability over chasing short‑term price dips. Not usually optimal for customers who can materially shift load to cheap off‑peak periods on spot or specialised time‑of‑use offers, or for residential users seeking EV/night‑rate or solar‑specific incentives—Meridian has separate residential EV and Solar plans for those scenarios. Businesses with large TOU loads that actively manage demand may also consider proportional or spot‑linked options if they are comfortable with volatility.

Plan conditions at a glance

  • Available to business and agribusiness electricity connections; residential connections use different fixed/variable products.
  • Energy (per‑kWh) charges are fixed for the agreed term; network charges, government/regulatory levies, and GST are pass‑through and may change with notice.
  • Fixed pricing applies only while your price category, capacity, and metering configuration remain unchanged and no new network charge is introduced; changes may require re‑pricing or moving plans.
  • Typical contract term is two years, but term lengths and eligibility can vary by site and offer.
  • No exit fees are typically charged if you leave before term end; confirm any exceptions in your agreement.
  • Pricing is site‑specific; Meridian provides quotes rather than publishing regional per‑kWh rates for this plan.
  • Where applicable, seasonal or day/night/controlled structures follow your meter and network rules; seasonal dates and network components are pass‑through.
  • Meridian will usually provide at least 30 days’ notice of any changes to pass‑through charges and will contact you before your term ends with renewal options.
  • Standard terms and conditions for the supply of electricity, privacy, and payment policies apply; good credit status and a suitable metering setup are required.

Promotions and discounts

As of 3 November 2025, Meridian does not advertise any standing, plan‑specific discounts or sign‑up credits for the Fixed Energy Plan (business and agribusiness). The plan’s value proposition is price certainty on the energy component rather than promotional pricing. Meridian has also replaced traditional prompt‑payment discounts with simpler, lower everyday rates, so “discount” lines generally no longer appear on bills. Agribusiness customers joining through participating Rural Partners may, from time to time, be offered a welcome/join credit at sign‑up; eligibility, credit amounts, and durations are channel‑specific and not guaranteed for all customers or all times. Because these offers are not universally available and can change, businesses should confirm any current Rural Partner or channel‑specific credits directly with Meridian before contracting.

How Meridian Enegy can change this plan's price

Under the Fixed Energy Plan, the per‑kWh energy charge is fixed for the agreed contract term. Meridian may adjust pass‑through items—distribution network charges (including daily fixed charges), government or regulatory levies, and GST—during the term. These changes usually reflect updates from your local lines company, changes to levies, or tax changes, and are not within the retailer’s full control. Meridian provides advance notice (typically 30 days) before increasing pass‑through components on your bill. If your site’s price category, contracted capacity, or metering configuration changes, or if a new network charge is introduced, Meridian may be unable to continue the existing pricing and will notify you and help transition you to a suitable plan or re‑price accordingly. At the end of the fixed term, Meridian will normally email new rates at least 30 days before they take effect, giving you the option to renew on a new fixed term (if available) or move to a variable plan.

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Simple Flexi Plan

Contract length

no fixed term

Solar buy-back

12c per kWh

How the tariff works

  • Tariff type: Variable (no fixed term). Rates are not locked; Meridian may change both the energy and network components with 30 days’ notice.
  • How charges are calculated: a per‑kWh energy usage charge plus a daily fixed charge apply to each ICP. Both are network- and meter‑configuration dependent and are quoted specifically for your site.
  • Time-of-Use: most small business connections are Non‑Half‑Hourly (NHH) and are not billed by time-of-use unless your meter is set to a specific tariff (e.g., Night/Day). Larger TOU (half‑hourly) sites are billed by time periods under a separate C&I agreement.
  • Free/peak periods: there are no free weekend or off‑peak freebies on the Simple Flexi Plan. Any peak/off‑peak differentiation only applies where your meter/network tariff provides for it.
  • Price per kWh and daily fees: Meridian publishes rates on a per‑site basis because they vary by network and meter setup. If you need exact c/kWh usage rates and daily fixed charges for your address, request a quote or check your offer/welcome email.
  • Regional notes (usage and daily charges vary by network and meter, contact Meridian to confirm) for urrent c/kWh and daily charge: Northland, Auckland, Waikato, Bay of Plenty, Central North Island, Eastland, Taranaki, Whanganui, Wellington, Marlborough, Westland, Canterbury, Otago, Southland.
  • Eligibility: available to business and agribusiness customers. Night/Day or TOU pricing requires the appropriate smart meter configuration; otherwise you’ll be billed on your applicable NHH tariff.

Who this plan suits best

Best suited to small and medium businesses, and farms with seasonal or variable usage profiles who value contract flexibility and the ability to move to fixed pricing later if desired. It works well where you’re comfortable with some month‑to‑month price movement in exchange for no fixed term and the option to re‑quote or switch if market conditions improve. It can also fit businesses that may benefit from Night/Day or TOU metering (e.g., operations that can shift load to evenings/overnight), provided the site has an eligible meter configuration. It is generally not intended for households (Meridian’s residential equivalent is the Freedom Plan) or for customers who prioritise long‑term price certainty, who may prefer a Fixed Energy Plan.

Plan conditions at a glance

  • No fixed term; the Simple Flexi Plan is a variable pricing plan for business and agribusiness customers.
  • Rates (energy and network components) can change with at least 30 days’ prior notice from Meridian.
  • Actual rates and daily charges are quoted per site and depend on your local network and metering configuration.
  • Most small sites are billed as Non‑Half‑Hourly; Night/Day or TOU billing requires an eligible meter configuration set to the corresponding tariff.
  • No standard break fees apply due to no fixed term; however, where a sign‑up incentive or credit is accepted, an incentive‑recovery fee may apply if you leave or change plans within the stated benefit period.
  • You may switch to a Fixed Energy Plan (subject to availability and acceptance of terms) if you want price certainty.
  • Agribusiness customers may choose to bill through an eligible rural supplier to access that supplier’s benefits; such partner offers are administered by the supplier and sit outside Meridian’s plan terms.
  • Standard terms and conditions for the supply of electricity apply in addition to any plan‑specific or partner terms.

Promotions and discounts

There are no standing, plan-specific discounts publicly advertised for Meridian’s Simple Flexi Plan at the time of review. The Simple Flexi Plan is a variable, no–fixed-term option primarily for business and agribusiness customers; any sign-up credits or incentives, when available, are offered case‑by‑case and will be detailed in the individual quote or offer letter. Where a promotional credit is accepted, a minimum benefit period and an incentive‑recovery fee may apply if you leave or change plans within that period. Agribusiness customers who choose to bill through an eligible rural supplier may access that supplier’s own benefits or rebates. Eligibility and the level of benefit depend on the rural supplier you bill through and your account status with them. Because these partner offers are administered by the suppliers, terms, amounts, and durations vary and are not part of the Simple Flexi Plan itself.

How Meridian Enegy can change this plan's price

On the Simple Flexi Plan (a variable plan), Meridian may change your electricity rates at any time, but will provide at least 30 days’ notice before any increase takes effect. Notice is typically sent to the account email address and the change applies from the effective date stated in the notice; your bill may show pro‑rated charges if the change occurs mid‑billing cycle. Valid reasons Meridian cites for changing prices include movements in underlying energy costs, updates from your local network company (distribution charges), and changes to government or regulatory levies and taxes (for example, Electricity Authority levies). On variable plans, both the Meridian energy component and the pass‑through network component can change. If you want price certainty instead, Meridian offers fixed‑energy plans where only specified non‑energy components (e.g., levies) can change during the term.

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Fixed price variable volume

How the tariff works

  • Tariff type: Fixed price variable volume (FPVV) for business Time‑of‑Use connections. Your energy rate (c/kWh) is fixed for the agreed term, while your volume (half‑hourly consumption) varies, so your bill reflects actual usage by half‑hour period. TOU/half‑hourly metering is required; residential connections are not eligible.
  • How charges are calculated: (1) Fixed energy rate(s) per contracted TOU period(s), applied to each half‑hour of measured usage; (2) Pass‑through network charges (which may include daily fixed charges, capacity/demand components, and variable distribution charges set by your local lines company); (3) metering and market fees; and (4) government/regulatory charges (e.g., EA levy) and GST. The energy rate(s)
  • Daily fees and TOU periods: Any daily fixed charge or demand charge is determined by your network tariff and will be listed in your FPVV offer. Peak/off‑peak/shoulder windows are defined by your metering configuration and local network schedule and are set out in your contract. There are no free‑power periods on FPVV.
  • Price per kWh: FPVV energy rate(s) are individually quoted in your Corporate/Commercial Customer Electricity Supply Agreement and are not published. Request a site‑specific quote for your ICP(s).
  • Regional pricing: Meridian does not publish public FPVV rate cards. For site‑specific pricing in Northland, Auckland, Waikato, Bay of Plenty, Central North Island, Eastland, Taranaki, Whanganui, Wellington, Marlborough, Westland, Canterbury, Otago, and Southland, please contact Meridian directly with your ICP(s) and TOU meter details so they can provide your current c/kWh and any applicable daily or demand charges.
  • Contract term and eligibility: Term length is negotiated (commonly multi‑year) and set out in your agreement. Requires TOU/half‑hourly metering and a business supply contract. Rural partner discounts typically apply to NHH sites only; TOU/FPVV sites may be excluded.

Who this plan suits best

FPVV suits commercial and industrial customers that want budget certainty on the energy component while retaining flexibility to use more or less electricity over time. It is a good fit for small to large businesses with predictable or continuous loads (e.g., processing, warehousing, hospitality, multi‑site enterprises) who prefer to avoid exposure to wholesale spot price volatility and want half‑hourly transparency without the risk. It can also work well for businesses electrifying processes (or managing EV fleets or site charging) that value fixed energy rates to underpin operating costs, while accepting that network/levy components may change. FPVV is not intended for residential households; small families and large households should consider Meridian’s residential plans. Businesses that can actively shift load to chase spot‑price lows, or that want explicit spot exposure, may prefer a proportional or spot‑linked option.

Additional services included

Meridian offers several optional services that can be bundled alongside an FPVV supply agreement: (1) Certified Renewable Energy (REC-backed) product that lets businesses match consumption with verified renewable generation and report market‑based Scope 2 emissions as zero; priced on application and optional. (2) EV charging solutions for business (design, hardware, installation, software/portal, and support), available either as customer‑owned (capex) or as Charging‑as‑a‑Service (opex subscription); optional, pricing depends on scope. Access to Meridian’s Zero public charging network is pay‑per‑use via the Zero app; public charging is not included in retail electricity tariffs. (3) Commercial solar solutions, including Solar Power Purchase Agreements (no upfront capital; pay c/kWh for onsite generation) or “Buy Now” turnkey systems; optional, price by quote. (4) Process Heat Electrification Programme that can pair long‑term price certainty with funding support for qualifying fuel‑switch projects; optional, eligibility applies. (5) Rural supplier billing for agribusiness (Farmlands, Farm Source, PGG Wrightson, Ruralco) with associated partner benefits; optional and subject to each partner’s eligibility rules (note: percentage discounts commonly exclude TOU/FPVV sites). If no add‑ons are selected, your FPVV plan operates as electricity‑only.

Plan conditions at a glance

  • Business‑only pricing: FPVV is offered to commercial, industrial, and agribusiness customers; residential accounts are not eligible.
  • TOU metering required: Half‑hourly/Time‑of‑Use metering and data are mandatory. Larger TOU sites typically require a Corporate/Commercial Customer Electricity Supply Agreement (CCESA).
  • Energy rate fixed, volume variable: Contracted energy c/kWh rates are fixed for the term; your charges vary with actual half‑hourly usage.
  • Pass‑through items can change: Local network tariffs, metering charges, market fees, government/regulatory levies, and GST may vary during the term with prior notice per Meridian’s standard terms.
  • Network or metering changes: If your price category, capacity, or metering configuration changes, or a new network charge is introduced and Meridian can no longer offer your FPVV structure, Meridian will notify you and work with you to move to a suitable plan.
  • Term and exit: Contract length is negotiated. Early‑termination or incentive recovery fees may apply where specified in your agreement.
  • Peak/off‑peak definitions: TOU windows and any seasonal differences are defined by your metering configuration and local network and will be listed in your offer/contract.
  • Rural supplier billing: Available for agribusiness customers by arrangement with participating suppliers; partner discounts/rebates typically apply to Non‑Half‑Hourly sites and may exclude TOU/FPVV connections.
  • Billing and payment: Standard credit criteria apply; payment terms and any direct‑debit/credit‑card arrangements are governed by Meridian’s business terms.
  • No free‑power periods: FPVV does not include weekend or time‑window “free power” promotions; any welcome credits or special incentives will be explicitly stated in your offer letter.

Promotions and discounts

Fixed price variable volume (FPVV) is a business pricing option from Meridian that generally does not carry universal retail discounts or consumer-style sign-up offers because rates are tailored by site, meter, and contract. However, eligible agribusiness customers can access partner-specific benefits through rural supplier billing arrangements. These include shareholder rebates and partnership discounts when you bill your Meridian electricity via a participating rural supplier account. Offers vary by partner and connection type. Typical examples include: Farmlands shareholders may receive a shareholder rebate and a Meridian partnership discount when billing through Farmlands; Farm Source (Fonterra) customers may receive a Meridian partnership discount, a Fonterra supplier rebate, and may be eligible for an interest-free Deferred Winter Payment option that shifts June–September invoices to November; PGG Wrightson customers may receive a welcome credit (per connection) and a Meridian partnership discount, with loyalty points earned through the rural supplier. Important: these partner discounts usually apply to Non‑Half‑Hourly (NHH) sites; Time‑of‑Use (TOU) / half‑hourly metered sites (the typical metering for FPVV) are often excluded from the percentage “partnership discount” and some rebates. Always check the eligibility notes on your offer letter or rural supplier page. Meridian has replaced traditional prompt payment discounts with simpler, lower headline rates across plans, so you should not expect a separate prompt payment line item on FPVV contracts. Any welcome credits, if offered, are deal-specific and will be stated in your negotiated FPVV agreement or rural supplier documentation.

How Meridian Enegy can change this plan's price

Under FPVV, the contracted energy rate(s) in cents per kWh are fixed for the agreed term and do not change unless your price category, capacity, or metering configuration changes, or a new network tariff is introduced that requires repricing. In contrast, pass‑through components (local network charges, metering costs, market fees, government levies such as the Electricity Authority levy, and GST) may be adjusted during the term. Meridian provides prior notice of increases to variable or pass‑through charges, typically at least 30 days in accordance with its standard business terms. At the end of the fixed term, Meridian will offer renewal options (e.g., re‑contract on new FPVV rates or move to a variable plan). If your connection characteristics or network tariffs change mid‑term and Meridian can no longer offer the existing FPVV construct, it will notify you and help transition you to a suitable pricing option.

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Meridian Enegy business plan

Proportional pricing

Solar buy-back

12c per kWh

How the tariff works

  • Tariff type: Hybrid (Fixed + Spot‑Indexed) for business and agribusiness connections; not a residential plan.
  • How charges are calculated: you select a fixed proportion (e.g., 10–90%) of your future usage to be billed at an agreed c/kWh rate; the balance is billed at the wholesale spot price for each 30‑minute interval plus an administration charge. The fixed/spot proportions remain constant for the contract term.
  • What’s covered: Proportional pricing applies to the energy portion of your bill. Network charges, metering costs, local losses, GST and levies are passed through separately and may change with at least 30 days’ notice.
  • Daily fees: standard daily fixed charges and metering charges apply per ICP; these are site‑ and network‑specific and are provided in your quote (no public schedule for this product).
  • Time‑of‑use: TOU sites are settled in 30‑minute intervals; there are no free‑usage periods.
  • Price per kWh: the fixed‑portion rate and the administration charge for the spot‑linked portion are quoted specifically for your site; request a quote to confirm your c/kWh rates.
  • Regional rates: public per‑kWh schedules are not published for this product. For Northland, Auckland, Waikato, Bay of Plenty, Central North Island, Eastland, Taranaki, Whanganui, Wellington, Marlborough, Westland, Canterbury, Otago, and Southland, please contact the provider directly for a site‑specific quote.
  • Eligibility: available to business and agribusiness customers with suitable metering and an executed supply agreement; terms (including the fixed percentage and any admin charge) are set in your contract.

Who this plan suits best

Proportional pricing is best suited to small‑to‑large businesses and farms that want partial protection from price volatility while keeping some exposure to wholesale prices. It suits customers with flexibility to shift or manage load, operations with seasonal patterns (e.g., agricultural pumping or dairy), and energy users who want to actively manage risk by choosing the fixed/spot split. It is generally not aimed at households, EV‑only charging at home, or residential solar users—Meridian offers separate residential plans for those needs. Businesses with very low risk tolerance may prefer fully fixed pricing; conversely, businesses comfortable with full wholesale exposure may opt for a pure spot plan.

Additional services included

Commercial solar solutions (optional): Meridian offers turnkey solar for businesses via a Solar Power Purchase Agreement (PPA), where Meridian designs, installs, owns and maintains the system and sells energy back at an agreed cents‑per‑kWh; pricing is site‑specific and set by quote. A Solar Buy‑Now option is also available (optional; price by quote). Certified Renewable Energy (optional): a certificate‑based product that enables eligible businesses to report zero market‑based Scope 2 electricity emissions under the GHG Protocol; priced as an add‑on based on volume (fee by quote). EV charging for business (optional): end‑to‑end deployment and support of workplace/public EV chargers; hardware, installation and service pricing are site‑specific (by quote). Access to Meridian’s public EV charging network (Zero) is pay‑as‑you‑go with rates set per charger within the app. Rural supplier billing (optional, where eligible): the ability to bill via Farmlands, Farm Source, PGG Wrightson, or Ruralco; no separate fee is advertised for enabling this, and it may unlock the partner‑specific benefits noted above. Dedicated account management and energy‑efficiency guidance are included as part of Meridian’s standard business service.

Plan conditions at a glance

  • Available to business and agribusiness customers; not a residential plan.
  • Product structure is fixed price, fixed percentage: you choose the percentage of future usage billed at a fixed energy rate; the remainder is billed at wholesale spot prices plus an administration charge.
  • Applies to the energy component only; separate pass‑through charges include network charges, metering, losses, levies and taxes.
  • No minimum or maximum volume commitments are advertised; you pay for actual consumption.
  • For TOU sites, usage is settled in half‑hour intervals; suitable metering is required.
  • Fixed/spot proportions remain constant over the agreed term unless renegotiated.
  • Pricing (fixed rate, admin charge, term length, and any daily charges) is site‑specific and confirmed in your supply agreement.
  • Meridian provides at least 30 days’ notice for rate increases it controls and for materially detrimental terms changes; pass‑through updates may apply with notice as permitted by the agreement.
  • Rural supplier discounts and rebates are subject to each partner’s eligibility rules (often limited to Non‑Half‑Hourly sites; some benefits exclude TOU sites).
  • Early termination, renewal and any exit‑fee provisions are governed by your specific agreement; check your contract for details.

Promotions and discounts

There are no plan‑specific public discounts advertised solely for Proportional pricing; rates are negotiated site‑by‑site. However, agribusiness and rural customers who bill their power through partnered rural suppliers can access ongoing benefits that may apply alongside Proportional pricing, subject to eligibility and metering type. Key current rural‑supplier benefits include: welcome credits per connection; a 2% partnership discount for Non‑Half‑Hourly (NHH) sites when billing via Ruralco and PGG Wrightson; Farmlands shareholder benefits that combine a 2% shareholder rebate with an additional 2% Meridian partnership discount (shareholder status required); Farm Source (Fonterra) benefits that combine a 2% Meridian partnership discount with a 2% Fonterra supplier rebate (TOU sites excluded from the Fonterra rebate) and an interest‑free Deferred Winter Payment option that defers June–September bills to November. All offers have terms and eligibility criteria (e.g., must bill via the relevant supplier; discounts commonly limited to NHH sites; TOU sites may be excluded).

How Meridian Enegy can change this plan's price

During the contract term, the fixed‑portion energy rate you agree to under Proportional pricing remains fixed. The spot‑indexed portion varies continuously with wholesale market prices at each half‑hour interval (no advance notice is given for these market movements). Any administration charge for the spot‑indexed portion, and pass‑through items (network charges, metering, losses, levies, and taxes), are not part of the fixed‑energy component and may be adjusted in accordance with your supply agreement. For changes Meridian controls (e.g., increases to variable plan rates or an administration charge), Meridian states it will give at least 30 days’ notice of rate increases or materially detrimental terms changes. Network company updates, regulatory or tax changes, and similar pass‑through adjustments may also be flowed through with notice, as permitted by the agreement. At the end of a plan term, Meridian endeavours to advise new rates at least 30 days before they take effect.

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Meridian Enegy business plan

Spot market pricing

How the tariff works

  • Tariff type: Spot-exposed (wholesale-linked). Energy is charged at the wholesale spot price (cents per kWh) at your ICP’s pricing node for each 30-minute trading period, plus a Meridian administration charge quoted in your offer. There is no preset "free" period.
  • How charges are calculated: Total bill = wholesale spot energy (per kWh, varying half-hourly by location) + Meridian administration charge (per kWh and/or per day, as quoted) + network charges (including any time-of-use components set by your local lines company) + metering charges + losses + government levies + GST. Daily fixed charges (retail and/or network) apply and are specified in your quote.
  • Time-of-use: Prices vary each half-hour based on market conditions; there are no Meridian-defined peak/off-peak windows under this offer. Any day/night or seasonal differentials come from your network tariff, not from Meridian.
  • Price per kWh: Variable. The energy rate equals the wholesale spot price (c/kWh) at your node in each 30-minute period, plus the administration uplift set out in your offer. Because the spot price changes in real time, Meridian does not publish a fixed cents/kWh for this plan.
  • Eligibility: Best suited to business and agribusiness connections with appropriate metering (typically TOU/half-hourly or an eligible smart meter) and customers willing to manage exposure to spot volatility.
  • Regional pricing notes: Spot prices and network charges are location-specific and change over time. If you need indicative rates for Northland, Auckland, Waikato, Bay of Plenty, Central North Island, Eastland, Taranaki, Whanganui, Wellington, Marlborough, Westland, Canterbury, Otago, and Southland, please contact Meridian directly for a quote that reflects your ICP, metering setup, and current network tariffs.

Who this plan suits best

Spot market pricing suits organisations that can actively monitor usage and respond to price signals. It is a strong fit for small businesses and larger C&I customers that can shift flexible loads to lower-priced periods, tolerate volatility, or use automation/alerts to manage exposure. Customers with predictable daytime peaks but flexibility to move some processes (e.g., refrigeration pre-cooling, pumping, heating) outside high-price windows can often capture savings. It can also work well for business EV fleets and depot charging that occurs overnight, when wholesale prices are often lower, and for sites with embedded solar that can self-consume generation during daytime high-price periods. It is generally not designed for residential users (small families or large households) unless they are on business-class metering and have sophisticated load management; most households will be better served by Meridian’s residential plans.

Plan conditions at a glance

  • Availability: Intended for business and agribusiness customers; pricing is provided by quote and may be documented in a Business supply agreement or CCESA (for TOU/C&I sites).
  • Metering: Requires appropriate metering (typically TOU/half-hourly or an eligible smart meter) and an applicable network tariff. Meter reconfiguration or changes may incur fees.
  • Pricing construct: You pay wholesale spot energy rates (varying each half-hour) plus a Meridian administration charge; network, metering, losses, levies and GST are added. Any day/night or seasonal differentials are set by your local network, not by Meridian.
  • Volatility: Prices can spike materially during high demand, constrained supply, or network congestion. Customers bear this risk and should monitor usage or employ alerts/automation.
  • Notice of changes: Meridian provides prior notice (typically 30 days) before increasing retail components or making detrimental term changes. Wholesale spot movements occur without notice.
  • Term & exit: Term length, exit fees (if any), and the administration uplift are specified in your individual offer or agreement.
  • Eligibility add-ons: Agribusiness customers who choose to bill through eligible rural supplier partners may access partner-specific benefits; criteria and any partner fees are set by the partner.
  • Geography: Pricing and network charges are location-specific; obtain a site-specific quote for each ICP. Regional cents/kWh are not published for this offer.
  • Billing: Daily fixed charges (retail and/or network) may apply alongside variable energy charges; billing is monthly unless otherwise agreed.
  • Compliance: Standard levies, taxes, and applicable regulatory obligations apply. Additional terms in your supply agreement govern if they differ from general guidance.

Promotions and discounts

As at 3 November 2025, Meridian does not publicly advertise any spot-market-specific discounts or time-limited promotions for its business Spot market pricing offer. The product is positioned as wholesale spot exposure plus an administration charge, with rates quoted directly in your offer rather than via a published discount schedule. Agribusiness customers may be eligible for benefits and discounts when they choose to bill through participating rural supplier partners. Eligibility typically requires being an active customer of the partner and opting to have your electricity billed via that partner. The size and structure of these benefits vary by partner and are not listed as specific to Spot market pricing; they may apply regardless of whether you choose fixed, proportional, or spot-based pricing. Confirm availability and any minimum term or account requirements with Meridian and your rural supplier at sign-up.

How Meridian Enegy can change this plan's price

Under Meridian’s variable and spot-exposed arrangements, the wholesale energy component fluctuates every half-hour without prior notice; this is the nature of spot pricing. Meridian’s own retail components (such as the administration uplift) and your pass-through network charges can be changed, but Meridian states it will give customers notice (typically 30 days) before increasing rates or making terms changes that are detrimental. Adjustments commonly arise from changes in underlying energy costs, updates by local network companies (including seasonal TOU differentials or capacity charges), loss factor revisions, meter and service cost changes, inflationary pressures, or government and regulatory levies. For larger Time-of-Use/Commercial & Industrial sites, the specific notice obligations and adjustable components are documented in your supply agreement (e.g., CCESA) and will prevail over any general guidance.

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Meridian Enegy domestic plan

Freedom Plan Economy 24

Contract length

no fixed term

Solar buy-back

12c per kWh

How the tariff works

  • Plan structure: Freedom Plan on an Economy 24 metering configuration (an "anytime" 24‑hour supply with no peak/off‑peak price differences). Pricing is Variable (not fixed), and there is no fixed term or break fees.
  • How you are charged: a daily fixed charge plus a per‑kWh usage charge. Rates vary by network/region and property specifics and are quoted ex‑GST unless stated otherwise. Billing is monthly.
  • Example address‑based rates confirmed for Auckland (illustrative only): daily charge $2.3153/day; usage charge $0.2332/kWh on Economy 24 under the Freedom Plan. Actual rates for your address may differ.
  • Regions requested by the customer: If you are in Northland, Waikato, Bay of Plenty, Central North Island, Eastland, Taranaki, Whanganui, Wellington, Marlborough, Westland, Canterbury, Otago or Southland, regional rates depend on your local lines company and meter setup—please contact Meridian directly for a personalised quote.
  • Free periods and TOU: none. Economy 24 is a single "anytime" rate with no free or off‑peak windows.
  • Metering notes: Economy 24 availability depends on your meter configuration; where a change is needed, Meridian’s current meter configuration fees are $25 (remote, if possible) or $150 (standard on‑site).
  • Extras you can add: optional solar export buy‑back at 12c/kWh (rate is variable with 30 days’ notice; network export charges may apply). Smart Hot Water participation (if eligible) provides an extra $10/month bill credit.
  • Other important notes: rates may change on variable plans with at least 30 days’ notice; GST and government levies apply. If any region‑specific price cannot be confirmed for your address, contact Meridian for the exact figures.

Who this plan suits best

Freedom Plan Economy 24 suits households that want contract flexibility and predictable, single‑rate pricing across the day—e.g., renters, small families, and larger homes that don’t want to manage peak/off‑peak windows. The $10 monthly credit for 12 months—and a further $10/month if you participate in Smart Hot Water—can help offset bills without locking into a fixed term. It can also fit solar users who value a straightforward anytime tariff while exporting surplus generation (12c/kWh buy‑back). Customers who can heavily shift load overnight for EV charging may save more on a dedicated EV time‑of‑use plan; small businesses should use Meridian’s business plans rather than the residential Freedom Plan.

Additional services included

Smart Hot Water: Meridian may add eligible Freedom Plan customers to a programme that remotely pauses power to electric hot water cylinders during peak periods via the smart meter; participation provides a $10/month bill credit while you remain in the programme. Eligibility depends on being on the Freedom Plan, having an eligible smart meter and electric hot water cylinder, and living on a participating network; you can opt out at any time (processing up to two business days). There is no separate fee to participate. Solar export buy‑back: If you have compliant solar and export to the grid, Meridian pays 12c/kWh for exported electricity on residential plans. The rate is variable with 30 days’ notice and some networks apply export charges that are passed through; standard metering and export approval requirements apply. Metering services: If you need to change your configuration to Economy 24 or add export capability, Meridian’s current metering fees include $25 for remote reconfiguration where possible or $150 for a standard on‑site visit (additional electrical/network costs, if any, are separate). The Meridian app and online portal are included at no extra cost for usage tracking, billing, and account management.

Plan conditions at a glance

  • No fixed term; no break fees. Monthly billing applies.
  • Variable pricing: Meridian and network charges can change; Meridian provides at least 30 days’ notice of increases or detrimental changes.
  • Joiner credit: $10/month for the first 12 months on the Freedom Plan; credits apply monthly while you remain on the plan and meet eligibility criteria.
  • Smart Hot Water (if eligible): additional $10/month credit while participating; requires an eligible smart meter, electric hot water cylinder and a participating network; you may be added automatically and can opt out at any time (allow up to two business days).
  • Solar export (optional): buy‑back at 12c/kWh; rate is variable with 30 days’ notice; export approval, compliant metering and any applicable network export charges apply.
  • Rates are address‑specific and typically quoted ex‑GST; GST and government levies are added to your bill.
  • Economy 24 requires an appropriate meter configuration; if reconfiguration is needed, current fees are $25 (remote, if possible) or $150 (standard on‑site). Additional third‑party costs may apply.
  • Freedom Plan is for residential properties; business customers should use Meridian’s business plans.
  • If your price category, capacity or metering setup changes due to network requirements, your pricing may be re‑quoted to reflect the new configuration.

Promotions and discounts

Meridian’s Freedom Plan includes a $10 credit on your electricity account each month for the first 12 months after you join. It’s a variable-rate, no fixed-term plan with no break fees. Standard plan eligibility criteria apply and credits are applied monthly to your bill; if you leave the plan before 12 months you simply stop receiving the remaining monthly credits. If you’re eligible for Meridian’s Smart Hot Water programme (Freedom Plan customer, eligible smart meter, electricity-heated hot water cylinder, and a participating local network), Meridian may add you to the programme and you’ll receive an additional $10 credit each month you participate. Credits are typically applied in the first week of the following month; you can opt out at any time (allow up to two business days), and no credit is provided for months in which you don’t participate. Solar customers on the Freedom Plan can receive a buy-back credit for exported generation at 12c/kWh. The export buy-back rate is variable and may change with at least 30 days’ notice, and some networks apply separate export charges. These solar credits are separate from the Freedom Plan monthly credits and depend on having compliant metering and an approved export connection.

How Meridian Enegy can change this plan's price

On the Freedom Plan (a variable‑rate plan), Meridian may change your energy (Meridian) charges and pass through changes from your local network and metering providers. Meridian provides at least 30 days’ notice before increasing rates or making other changes that are detrimental to you. Typical reasons include wholesale energy cost movements, changes to network tariffs or metering costs, and changes to government or regulatory charges (e.g., GST, Electricity Authority levies). Export buy‑back rates for residential solar are also variable and may be updated with at least 30 days’ notice. If your price category, capacity, or metering setup changes because of network requirements, your pricing may be re‑quoted to reflect the new configuration.

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Frequently asked questions

The Selectra expert answers your questions about electricity rates

  • Fixed rate: your unit price stays the same for the duration of the contract.
  • Variable rate: the retailer can adjust the unit rate at any time, with at least 30 days' notice. Prices broadly follow wholesale electricity costs.
  • Time-of-use: the unit price changes by period of the day — cheaper overnight and during off-peak hours, more expensive at peak times (typically 7-9am and 5-9pm).
  • Spot pricing: the unit price tracks the half-hourly wholesale market. Households with flexible usage can save when prices are low, but they are exposed to spikes during cold snaps or supply shortages.

The daily fixed charge covers the cost of staying connected to the grid: network maintenance, the lines from the street to your meter and the metering equipment itself. It is billed for every day you hold an active connection, regardless of how many kWh you use.

Households using less than 8,000 kWh per year (9,000 kWh in the lower South Island) may qualify for a low-fixed-charge tariff: a smaller daily fee paired with a slightly higher unit rate. This option is being phased out by April 2027, but it is still available today and is usually a good fit for small homes and singles.

Each part of New Zealand is served by its own local lines company (Vector in Auckland, Wellington Electricity, Powerco, Aurora, Orion and more). Each lines company sets its own delivery charges based on the cost of maintaining its network — and those costs vary widely:

  • Rural and low-density networks (East Coast, West Coast, parts of Otago) cost more per customer to maintain than dense urban ones.
  • Networks with significant underground cabling (central Auckland, Wellington CBD) are more expensive to upgrade but suffer fewer storm outages.
  • South Island networks pass through hydro-rich generation regions, which can lower the wholesale component on some plans.

For these reasons, a customer in Dunedin can pay a different rate from a customer in Hamilton on the same Meridian Enegy plan.

Comparing electricity plans is not just about the headline rate. Before signing, check:

  • Unit rate (¢ / kWh): what you pay for each unit of electricity. Lower is better.
  • Daily charge (¢ / day): a fixed cost added every day, regardless of usage.
  • Discounts: prompt-payment, direct-debit and online-billing discounts can knock 1-3% off the total.
  • Contract term and exit fees: open-term plans are usually free to leave. Fixed-term plans may charge a break fee.
  • Plan extras: free-power hours, EV night rates, solar buy-back, broadband bundle discounts.

Always cross-check your offer against several retailers using your real ICP and a 12-month consumption history before signing — the headline rate alone never tells the full story.

Under the standard terms used by most New Zealand retailers, variable rates and daily charges can be adjusted at any time, with at least 30 days' written notice to the customer. Notice is usually sent by email, on the bill, or via the customer portal. This 30-day minimum is industry practice rather than a hard statutory rule, so always check the price-change clause printed on the plan terms.

Fixed-term plans are different: the unit rate and daily charge are locked in for the duration of the contract (typically 12, 24 or 36 months). If you do not switch or renegotiate at the end of the term, you are usually moved onto the retailer's standard variable rate.