New Zealand Average Electricity Cost: Residential data remains active status in CEIC and is reported by Ministry of Business, Innovation and Employment. The data is
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				    0 5 10 15 20 25 30 Real average prices of commercial and industrial electricity in New Zealand By type, 1983–2023, NZ cents per kWh (at 2023 prices) Provider: Ministry of Business, Innovation, and Employment 1983 1987 1991 1995 1999
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				    Electricity prices in New Zealand have consistently increased over the past decade, reaching their highest average in 2024 for residential consumers.
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This works out to cost roughly $197 per month, if the current average kilowatt (kWh) price is 33.74 cents. It’s important to understand that different areas of the country have different rates for electricity. The below table shows some of the average rates around the country. Where is the most expensive place in New Zealand for power?
Canstar Blue reveals the average power bill in New Zealand and what you should be paying for power. Last year, the average Kiwi household used 7084kWh of electricity at 34.25c per kWh, for a total cost of $2426. This works out to roughly $202 per month.
residential costs back to the year ended March 2009 have been revised based on consistent information provided by all electricity retailers. Some retailers have also provided revised data back to the year ended March 2002. This has been incorporated into the residential electricity cost data.
The Ministry monitors national residential electricity costs using information about national electricity sales (essentially total electricity sales divided by the quantity of electricity supplied in kWh). Residential cost data is derived from information obtained primarily from electricity retailers.
A limited selection of publicly advertised retail tariffs are surveyed for around 40 towns and cities across New Zealand. Prices are surveyed as a snapshot at the mid-point of each quarter (15 February, 15 May, 15 August and 15 November each year).
The Ministry collects the total value of sales, the total volume of electricity sold, and the number of connections. The residential electricity cost per unit is derived by dividing the dollar value of residential electricity sales by the number of kilowatt-hours (kWh) sold to residential customers.