Kiwi Power Providers Are Changing Their Prices with NZ Compare
Mar 27, 2024

Kiwi power providers are changing their prices. But there are things you can do to make savings. 

As inflation continues to rise, it will come as no surprise to Kiwis that a lot of electricity retailers are going to be changing their prices. As Kiwis continue to navigate the treacherous waters of the current cost of living, this is not going to welcome news. A few years ago, we would notice price changes, good and bad, around the same time of year every year – usually April. Now, we are seeing changes at any time of year, with a large chunk still coming through for April. So if you've received notice of your prices changing, in particular if they're going up now is the time to get in control. We know the majority of the big names have changed their pricing. The good news is, you have more power than you think. 

There are things you can do to help you stay on top of these market changes and prepare your budget for likely increases in bills. 

Compare Power Plans

One of the most effective ways to combat change in prices is to compare your power bill. Power Compare makes it easy to compare the different plans and providers available to you so that you can make the most informed choice. Compare so you can see what prices there are available to you based on your unique household and needs. You are more likely to find a better deal by comparing, so you can pay less, without compromising the value of your plan. The last thing you want to do, while there is a shift in the market, is remain complacent and stay with the same plan or provider out of convenience. This is known as loyalty tax. You don’t want to fall victim to loyalty tax, it is a costly place to be!

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Getting Past the Jargon

In the power industry, there is a lot of jargon. It’s important to understand what words mean in your power bill, and when comparing different power plans so that you can make a fully informed choice. 

Power Terms Glossary

Consume Less Power

There are many tips and tricks that you can take to lower your power bill. You can invest in energy efficient appliances, switch to LED light bulbs, turn off appliances at the wall when you aren’t using them, wash your clothes on the cold water setting. By making small habits in the home that reduce the amount of power we consume, we can make a significant difference to our power bill over the course of a year. 

6 Tips for Saving Power

Consider Solar Panels

Solar panels are a great way to combat increasing electricity prices. While, yes, installing the panels can be a pricy endeavour, you will reap the long term financial benefits. Solar panels absorb the sunlight, even on cloudy days, and convert it into electricity that you can use to power your home. It can help drastically reduce your electricity bill.

The Benefits of Solar Power

Jump on Power Compare

Power Compare is the place to go for easy and quick comparison of power plans and providers. Simply enter in your address, select your preferences based on your household, and compare different plans side-by-side. Power Compare can help match you with a better deal that will save you money on your monthly bill and help ease some of the stress around the rising costs of living all around us. 

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