Energy in New Zealand 2023 provides annual information on and analysis of New Zealand''s energy sector. It is part of the suite of publications produced by the Markets team in the
Energy consumption per capita is within the average of the OCDE countries at 4.3 toe in 2023 and reached around 7 500 kWh for electricity. Total energy consumption has remained roughly
This dashboard shows the daily average and maximum wholesale price maps for the last seven days. It provides a quick comparison between days while highlighting any price separation
Discover the true costs of solar and battery systems in New Zealand for 2024. Explore pricing trends, key insights, and what to expect for solar and battery prices in 2025.
Oil New Zealand is a producer of crude oil, with fields concentrated around Taranaki. However, the crude oil produced in New Zealand has historically been almost entirely exported. Since the closure of New Zealand''s only oil refinery at
Power Bill Increase 2025 What is the Average Power Bill in NZ? New Zealand''s demand for power has increased. At the end of September 2024, the average Kiwi household consumed 7107kWh of electricity over the past 12 months. At a
Compare NZ power companies and save on electricity bills. Expert reviews, price comparisons and switching guides for New Zealand electricity providers.
Current data shows average household electricity bills ranging from $2,410 in central Auckland to $2,415 in the North Shore, reflecting a dramatic 60% increase in energy expenses since 2006 (average power bill in NZ).
On this page you can find real and nominal price data relating to New Zealand''s energy prices — petrol, diesel, fuel oil, natural gas and electricity.
Concept Consulting''s modelling shows that without thermal generation from the Rankine units as part of New Zealand''s energy storage solution, wholesale electricity prices would likely be 60%
Chart Table 0 10 20 30 40 Real residential electricity costs in New Zealand Based on actual sales, year ended March 2007–2025, NZ cents per kWh (adjusted to Q1 2025 prices) Provider: Ministry of Business, Innovation, and Employment 2007
Solar potential of New Zealand Solar panels on a home in Auckland Solar power in New Zealand is increasing in capacity, in part due to price supports created through the emissions trading scheme. As of the end of May 2025, New
Battery storage, from household to utility-scale batteries and within electric vehicles, is a game changer in the energy transition. Solar penetration is still low in New Zealand but it is growing quickly and if we want to make the most of it
Concept uses its proprietary New Zealand electricity market model, ''ORC'', to forecast electricity prices from 2025 to 2047. This modelling produces Annual average prices Quarterly prices
The U.S. Department of Energy''s solar office and its national laboratory partners analyze cost data for U.S. solar photovoltaic systems to develop cost benchmarks to measure progress towards goals and guide research and development
New Zealand: Many of us want an overview of how much energy our country consumes, where it comes from, and if we''re making progress on decarbonizing our energy mix. This page provides the data for your chosen country across all
Power Compare put together the numbers of average power bills across New Zealand based on an average annual consumption. Find out how much Kiwis are paying for
If 2024 taught us anything, it''s that unpredictability is the new norm. From gas shortages and hydro lake levels nearing rock bottom to record highs and lows in pricing, the year had it all. One thing is clear: the current
Executive Summary In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration
Overall Costs: The average total price paid for a battery system is $14,396, indicating that energy storage is still a significant investment for many. The lowest price paid
Power prices per kWh The per kWh price refers to the cost of the power you use. The table below shows the average regional rates for electricity across the motu. Data:
Total primary energy supply: The total amount of energy available for use in New Zealand, accounting for domestic production and trade. Total final consumption: Energy consumed by
Rather, it represents 1 ''standard unit'' of electricity, ie: the amount of energy you''d use if you kept a 1,000 watt appliance running for an hour. A New Zealand house on
of electric energy per year. Per capita this is an average of 7,641 kWh. New Zealand can completely be self-sufficient with domestically produced energy. The total production of all
The per kWh price refers to the price you are paying for the power you use. The table below shows the average regional rates for electricity across New Zealand.
Solar Panels in New Zealand: Costs, Savings & How To Get Started Thinking about installing a solar panel system? Now''s the Best Time - Prices Have Never Been Lower! Since 2010, the cost of grid-connected systems has plunged by
Solar potential of New Zealand Solar panels on a home in Auckland Solar power in New Zealand is increasing in capacity, in part due to price supports created through the emissions trading
In New Zealand, the price of a solar battery storage device varies from $6,000 to $20,000. A homeowner must consider both the price and storage capacity of a battery while determining their solar system''s pricing.
Battery Systems Prices: The average battery cost is $1,249.79 per kWh, with smaller systems offering affordability and larger systems offering better value per kWh.
A typical New Zealand home consumes 10,500 kWh of energy per year. Sustainable energy use means designing homes to conserve energy, obtaining energy from sources that do the least
New research analyses solar generation and demand data across regions under various price pathways, including the role of home energy storage. Residential rooftop solar PV provides a means for consumers to lower their electricity costs, particularly if they choose to move more of their household energy consumption to electricity.
Auckland's electricity costs, while substantial, actually fare better than several other regions in New Zealand. For context, Kerikeri residents face the highest national rates at $3,222 per year, while Westport households pay approximately $3,221 annually.
Despite these limitations, here's what the small dataset revealed: Key Insights: Battery Cost Per kWh: The average price per kWh is $1,249.79, which sets a benchmark for assessing battery affordability in the market (since we don’t have much previous data on battery prices in NZ).
New Zealand’s industrial sector consumed around 34 per cent of all electricity consumed in the country in 2022. This was mainly led by the metal manufacturing and food processing sectors. The residential sector consumed a similar amount of electricity at 34 per cent.
Solar generation potential varies significantly across Auckland's regions: North Shore properties achieve higher yields, generating up to 6,500 kWh annually. Waitakere Ranges properties typically generate around 5,200 kWh per year. Solar systems can generate 60-80% of their daily output during peak pricing windows (regional solar generation data).
An electricity retailer may charge a consumer 100 cents/day and 22c/kWh of electricity consumed. 26.6 c/kWh — that is, (2125/8000)x100. If the Retailer offered a 10% prompt payment discount, the final cost to the consumer would be 23.9 c/kWh. The line charge component is calculated in a similar manner (all figures include GST).
