Power on a Budget: Cheapest Electricity Providers in New Zealand

cheapest electricity provider NZ graphical illustration
Image by pch.vector on Freepik

When it comes to electricity providers in New Zealand, finding the cheapest provider can be a challenge. Electricity prices in New Zealand can vary based on location, usage, and provider, making it important to compare providers to find the best deal. Here are some of the cheapest electricity providers in New Zealand:

Electric Kiwi

Electric Kiwi is a relatively new electricity provider in New Zealand that has gained popularity due to its innovative pricing model. The company offers a pricing plan that charges customers based on the hour of the day, with lower rates during off-peak hours. This encourages customers to use electricity during off-peak hours, reducing their bills and promoting sustainable energy use. Electric Kiwi generates electricity using renewable sources, including hydro and wind power. The company also offers a mobile app that allows customers to track their electricity usage and receive alerts about the best times to use electricity. With its focus on sustainability and innovative pricing model, Electric Kiwi is quickly becoming a popular choice for New Zealanders looking for a unique and eco-friendly electricity provider.

Flick Electric

Although they entered the electricity market as recently as 2014, Flick Electric has become a popular choice for Kiwis seeking power. As a certified CarboNZero company, Flick Electric prioritizes sustainable practices, while also maintaining a reputation as a fair employer. Moreover, they’re known for their honesty, as they don’t charge joining fees for new customers. Flick Electric offers real-time pricing based on the wholesale price of electricity, allowing customers to take advantage of low prices when they occur. This pricing model can result in lower bills for customers, making Flick Electric a popular choice for those looking to save money on their electricity bills.

Energy Online

Energy Online, founded in 2002, is a retail power provider operating under the umbrella of Genesis Energy Company. Their services include delivering power, natural gas, and bottled gas to customers across New Zealand. Energy Online is a popular electricity provider in New Zealand that offers competitive pricing and a range of plans to suit different customers’ needs. The company offers an online account management system, making it easy for customers to keep track of their usage and bills.

Nova Energy

With almost 60 years of experience, Nova Energy has become a trusted name for most Kiwis in the electricity market. Being a New Zealand-based company, they offer plans that cater to local needs. Despite their long-standing presence in the industry, Nova Energy remains an innovative provider that allows customers to bundle their electricity with other utilities, such as broadband and gas, for even greater savings. With its competitive pricing and focus on customer service, Nova Energy is a great choice for customers looking to save money on their electricity bills.

Contact Energy

Contact Energy Limited operates as a New Zealand-based electricity generator, natural gas wholesaler, and provider of various utilities including electricity, natural gas, broadband, and LPG. It stands as the second-largest electricity generator in the country. Contact Energy offers competitive pricing and a range of plans to suit different customers’ needs. With its competitive pricing and focus on sustainability, Contact Energy is a great choice for customers looking for a cheaper option.

In conclusion, finding the cheapest electricity provider in New Zealand can be a challenge, as prices can vary based on location, usage, and provider. However, by comparing providers and plans, customers can find the best deal for their needs. Electric Kiwi, Flick Electric, Energy Online, Contact Energy, and Nova Energy are all great options for customers looking to save money on their electricity bills.