*** Take the Power Bill Challenge today – you have nothing to lose… but money to gain! - Click here ***

Power Companies NZ - Compare different NZ electricity providers

Thursday, February 1, 2018
Power Companies NZ - Compare different NZ electricity providers


Whilst there are now a whole raft of different Power Companies NZ wide there are is one major difference between the pure power retailers like Ecotricity, Electra Energy, Electric Kiwi, Energy Direct, Energy Online, Flick Electric, Nova Energy, Paua to the People, Powershop, Pulse Energy and the big five power companies we highlight below… and that is that they also generate the electricity they sell.

There are a number of new energy and power companies coming into the NZ market with different approaches.  One of NZ’s newest power companies is NextGen Energy, they launched in October 2016 and NextGen Energy is operating as New Zealand’s first not-for-profit retailer.  Another new model is being adopted by energyclubnz who do exactly what it says on the tin and run their energy and power business as a club whereby you pay a club fee and are able to buy your power at cost price.  Both these companies offer very interesting models that may mean cheap electricity for you the consumer.

Some of the power companies in NZ are also owned by the bigger players, for example, Mercury Energy actually owns and operates GLOBUG and Tiny Mighty Power.  There are also some regional limitations based upon the electricity network and some NZ power companies are limited to certain geographical locations.  One example power company is King Country Energy which supplies to the King Country region of the Waikato only.


Power Generating Companies in NZ

Across New Zealand there are five major power companies that generate the power we use.  These companies are: 

Contact Energy – Compare Contact Energy Prices
Genesis Energy – Compare Genesis Energy Prices
Mercury Energy – Compare Mercury Energy Prices
Meridian Energy – Compare Meridian Energy Prices
Trustpower – Compare Trustpower Prices

Together these 5 companies are responsible for producing around 95% of the electricity that we use here in NZ.  Although an open market, three of the big five power companies NZ has are majority owned by the NZ governemt.  These power companies are Meridian Energy, Genesis Energy and Mercury Energy.  The other two NZ power companies that produce the bulk of electricity, Contact Energy and Trustpower are both 100% publicly traded companies listed on the NZ stock exchange.
One thing that is different for NZ Power Companies is that these major generators of electricity are also allowed to operate their own retailing arms.  That means that the big five energy companies NZ has get the cool term "gentailers" (generator–retailers) to describe what they do.

If you are looking to buy your electricity directly from the power company that generates it then one of these big 5 NZ Power companies could be right for you.

 

Compare Power Plans now to find the Best Power Deal

Contact Energy Power Deals - Click here
Genesis Energy Power Deals - Click here
Mercury Energy Power Deals - Click here
Meridian Energy Power Deals - Click here
Trustpower Power Deals - Click here

...not keen on the big 5 gentailers?  That is OK.  There are over 25 NZ Power Companies to compare and many offer great power company sign up deals.

Compare ALL NZ Power Deals here.

 

Contact Energy Genesis Energy Mercury Meridian Energy Trustpower

Other News

Apr 22, 2020

How to get help with your lockdown power bill

Many New Zealanders are worried about bigger power bills coming their way in the coming months. But there are still steps you can take during lockdown if you need help with your power bill, or...

Apr 16, 2020

Spotlight on Electric Kiwi

Worried about managing your power bill and reducing how much you spend on home utilities? We reckon at times like these Kiwis need a Power Company with a difference – that’s why we wanted to...

Apr 13, 2020

Worried about your increased electricity use & bigger bills heading your way?

As we head through lockdown and the long recovery that’s expected after, concern is growing for people who are likely to struggle to pay their power bills...

Apr 9, 2020

Give your home an energy make over during lockdown

If you’re one of the many New Zealanders catching up on home maintenance and safe DIY activities during lockdown, this is a great time to give your home an energy makeover.

Apr 1, 2020

Electricity bills expected to reduce for over 1 million North Island customers

Over 1 million customers in the North Island can expect some good news in their power bill. The Commerce Commission has announced that Electricity bills for consumers of two electricity...