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Selectra New Zealand
Toast Electric logo
NZ electricity retailer

Toast Electric electricity

Founded in 2022 and headquartered in Wellington, Toast Electric supplies electricity to households across New Zealand. Compare plans, contact, app, ownership and reviews below.

Founded 2022 2,100 (people have made the switch) New Zealand Privately owned

Founded

2022

Years in NZ market

Customers

2,100 (people have made the switch)

Connections served

About

Who is Toast Electric?

The company is headquartered in Wellington, where it bases its senior management, customer operations and regulatory functions.

Toast Electric was established in 2022. A longer track record means more years operating under New Zealand's regulatory framework and a wider history of customer feedback, billing systems and grid relationships.

Toast Electric is part of the Sustainability Trust group, which provides shared governance, financial backing and a broader pool of expertise.

The company is based in New Zealand and is regulated by the Electricity Authority and the Commerce Commission.

Toast Electric plans

Current Toast Electric electricity plans

Live plan data from the Selectra Energy-Core API. Compare contract length, exit fees, solar buy-back and renewable status side-by-side, then confirm your address-specific quote with the retailer before switching.

Toast Electric logo
Domestic

Solar BuyBack

Contract
no fixed term
Exit fees
No exit fees
Solar buy-back
11c per kWh (including GST)

Perks & tags

No exit fees Smart meter required Low user offer Standard user offer Uncontrolled Controlled Composite Day night plan Night boost Solar buy back
Toast Electric logo
Domestic

Electricity

Contract
no fixed term
Exit fees
No exit fees
Solar buy-back
11c per kWh

Perks & tags

Green energy No exit fees Ev plan Low user offer Standard user offer Uncontrolled Controlled Composite Day night plan Night boost Solar buy back

Get in touch

Contact Toast Electric

Email / contact form

[email protected]

Head office

2 Forresters Lane, Te Aro, Wellington 6011

Faults & emergencies

0800 688 243 (0800 OUTAGE)

Verdict

What to expect from Toast Electric

Regulated NZ retailer

Toast Electric is licensed by the Electricity Authority and bound by the Consumer Care Guidelines for residential customers.

Switching is free

Joining Toast Electric takes 5–10 working days. Your power supply is not interrupted, and the new retailer handles the transfer with your old one.

Compare before you switch

Always cross-check Toast Electric prices against other retailers — savings depend on your kWh usage and region.

Save up to $400 per year
Free comparison, no commitment

Not sure Toast Electric is the cheapest option for you?

Kiwi households can save up to $400 per year by switching to the right retailer for their usage. Compare every NZ electricity retailer in under a minute.

Common questions

The Selectra expert answers your questions about Toast Electric

Toast Electric is one of New Zealand's licensed electricity retailers, regulated by the Electricity Authority. Whether it is the right fit for your household depends on your usage profile, region, and the rates available on the plans listed above. Always compare your quoted price against several other retailers based on your address and 12-month consumption before you switch.

Switching to Toast Electric is usually completed within a few days, up to a regulated maximum of 10 working days, and your power supply is never interrupted. Sign up online with your address and ICP number (printed on any past power bill). Toast Electric will handle the transfer with your current retailer, including the final reading.

New Zealand consistently runs one of the greenest grids in the OECD: around 80% to 90% of grid electricity comes from renewable sources (hydro, geothermal, wind), with recent full-year figures sitting above 85% and individual quarters occasionally exceeding 95%. Some retailers (notably Mercury and Meridian) market themselves as 100% renewable. Check the plan badges above — offers tagged green energy are sold as renewable-only.

Most NZ electricity plans have no exit fees on open-term contracts. Fixed-term plans may include a break fee if you switch before the term ends. The "Exit fees" line on each plan card above shows the current policy.

You can reach Toast Electric by phone, Outage service available 24/7. Most retailers also offer in-app support, web chat and an online help centre — see the Account & app section above.