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.
Are you eligible for Low User?
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. This rises to 9000 units in parts of the lower South Island.
Fixed rate plan
With fixed rate pricing, your Meridian charge and network charge each month is fixed for the term of the contract.
The Meridian charges cover the price of energy, and our retail services like meter reading, billing and customer support. Only government and regulatory charges like GST and the Electricity Authority levy can change.
With variable pricing, you have no fixed term contract. We can change rates by giving you 30 days’ notice.
About power pricing
The amount you pay for electricity is made up of Meridian and network charges.
The price estimator shows you the electricity amount including GST and doesn't include transmission and other charges.
The typical Meridian residential bill breakdown
- Energy - 35%
- Transmission and Distribution: 36%
- Metering - 5%
- Government levies and GST - 14%
- Retail - 10%