Standard and Low User options for our pricing plans
We have two pricing options for all our pricing plans — Standard User and Low User. Choose the best option for you and save money.
How do I choose?
Your best option depends on the amount of electricity you use at your primary residence. You can't have the low user option for other premises on your account, like a holiday home, a sleepout, or a shed.
Low User option
If you use less than 8000 units a year at your primary residence (and not, for example, a holiday home), the Low User option may be best for you. That limit rises to 9000 units in parts of the lower South Island. You pay:
- a lower daily fixed charge
- a higher variable charge for each unit of electricity you use.
The Low User option is only available for your primary residence and not, for example, for a holiday home.
Standard User option
If you use more electricity, a Standard User option may be better. You pay:
- a higher daily rate
- a slightly lower rate for each unit of electricity you use.
This map shows the low user thresholds that apply for the lower South Island and for the rest of New Zealand.
How it all works
The amount you pay for electricity is made up of Meridian and network charges.
Here’s how the charges break down.
Like all retailers, we buy energy from power stations throughout New Zealand.
The price we pay for electricity is set by the wholesale market. Every half an hour the market matches supply from generators with demand from power companies and large industrial consumers. This price for your power is included in the Meridian charges.
Transmission and distribution
Transpower owns and operates the national grid. It delivers electricity from power stations to the regional networks. From there, local distribution companies deliver electricity to customers’ properties. Transpower and local network costs are included in the network charges.
Our customers’ meters are owned and managed by separate, specialist companies. We lease the meters from them, and we also pay them to read the meters for us. These meter costs are included in the Meridian charges.
Government levies and gst
The New Zealand Electricity Authority (EA) regulates the electricity industry. It charges power companies a levy to cover its costs. We pass this charge on to you.
Your power bill also includes GST.
Our cost and margin
We need to cover our costs such as supplying customer service and running a billing system. We also take a margin. You bill shows the total electricity rate and your electricity usage.
The typical Meridian residential bill breakdown
These percentages reflect total charges after the prompt payment discount to all Meridian residential customers during the 2013 calendar year.