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Solar power in New Zealand is a small but rapidly growing contributor to the country''s electricity supply. In 2025, 971 gigawatt-hours of electricity was
Compare electricity prices across 40+ New Zealand towns and cities - official MBIE data shows Wellington cheapest at 34.61c/kWh, Balclutha most expensive at
The average cost per unit of energy generated across the lifetime of a new power plant. This data is expressed in US dollars per kilowatt-hour. It is adjusted for
By tracking average prices, episodes of very high prices, and the frequency of negative prices, along with wind, solar, and overall electricity
With continued renewable generation build, forecasts suggest spot prices should fall to $120-130/MWh around 2028. But because the system is exposed to dry-year price spikes, there is now a $30
The high share of prices under $10/MWh and the high share of prices between $300-400/MWh reflected the shift from the system''s reliance on thermal generation, during the time of low hydro inflows, to
New Zealand is a net importer of energy but has a high degree of energy independence with a self-sufficiency index of 73% in 2023. While it exports coal, gas (in the form of methanol) and oil,
Global electricity prices - statistics & facts Despite the recent downward trend in energy prices due to gas and electricity price caps, global electricity costs
This report shows differences average regional wholesale energy prices for a day, month, quarter or year on a map. Alternatively, the report can show the difference in regional prices relative to a
The U.S. Department of Energy''s solar office and its national laboratory partners analyze cost data for U.S. solar photovoltaic systems to develop cost benchmarks to measure progress towards goals and
However, the export tariffs – how much energy companies pay for your exported power can vary depending on your energy provider and region. In this
We use sales-based data to monitor average residential, commercial and industrial electricity costs — essentially total electricity sales divided by the quantity of electricity supplied. The
This report analyses the wholesale price of electricity in the spot market. The prices shown are an average across all market regions in New Zealand (Aotearoa) and are sourced from the
Compare each generator-retailer''s disclosed internal transfer prices to a series of benchmarks to assess whether their pricing practices are fair and competitive.
Between July and early August 2024, New Zealand''s wholesale electricity prices increased from roughly $300/MWh to over $800/MWh. This
In this study, we present an empirical comparison of statistical models and machine learning models for daily electricity price forecasting in the New Zealand electricity market.
Nuclear power is cost competitive with other forms of electricity generation, except where there is direct access to low-cost fossil fuels. In
At the same time, the Pohokura gas field had begun to decline and wholesale prices averaged $380/MWh. However, October 2025 has seen the highest proportion of
Wholesale electricity prices fell further in 2024 as energy commodity costs declined Wholesale electricity prices declined further in many countries in 2024, following
Regional Price Overview ($/MWh) Last updated 10:30 NZST 14/05/2026 Auckland $37.15 Bunnythorpe $35.72 Canterbury $33.61 Christchurch $36.11 Edgecumbe $33.47 Hamilton $35.62 Hawkes Bay
Residential and business electricity rates in 150 countries around the world. Several data points for low, medium and high consumption. Final retail prices with all
New Zealand is a producer of crude oil, with fields concentrated around Taranaki. However, the crude oil produced in New Zealand has
Average Electricity Costs in New Zealand The size of your power bill isn''t just about how much electricity you use. The region in which you live also
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