Has Contact Energy Increased Prices in 2024?

Contact Energy Prices 2024

Contact Energy has not yet announced a price increase in 2024. However, they have warned that increases may be on the horizon for 2025. Their basic standard deal is currently sitting at $0.2208/kWh, or about $248.89 per month*.

If you have noticed your power bill going up, fear not, there are ways you can save money on it. It’s always a good idea to look around your home and see where you can decrease your energy consumption. For example, consider investing in appliances such as a washing machine or heat pump with a higher energy star rating. Energy efficient appliances are a great hack for power consumption! Always turn devices and appliances off when you aren't using them. 

It’s also effective to compare power prices. Use the form on this page to compare costs and see if you can unlock a better deal and discover savings that make a true difference. Consider securing a contract for one or two years to lock in your power rates before Contact Energy increases prices in 2025. 

As electricity prices continue to rise, you may want to check whether you qualify for the winter energy payment. It is designed to help ease some of your monthly power bill. You could also see if you are eligible for power credits.

Remember, prices vary across the country. The Contact Energy rates quoted in this article are based on an Auckland address.  For an accurate estimate at your property remember to compare power prices based on your address!

Why Do Energy Retailers Increase Prices?

Energy retailers must regularly review the costs of the electricity supply chain. There are many different parts of the electricity supply chain that require maintenance and upgrading such as towers, power stations, lines, and poles. As inflation rises, these costs change, which is why energy retailers adjust their prices accordingly.


Disclaimer: *The electricity prices quoted on this article are sourced directly from provider websites for an address in Auckland and are intended for example purposes only. Please note that these prices will not accurately reflect the rates applicable in your specific area as these change across the country.