Back to Pricing Plans

Understanding our Pricing plans

 

We want you to understand what your energy bill is made up of so we've written a step-by-step guide to understanding our pricing plans.

See our gas and electricity pricing plans.

 

Electricity pricing

Below we’ve explained the differences between our two residential pricing plans so you can check whether you’re on the best plan for your household.

At Genesis Energy we want to make sure you are on the best pricing plan for your energy needs. That’s why we’ve introduced our Price Plan Check.

Classic Plan — This is our low fixed-charge plan and is generally the best plan for customers who use 8,000 kWh or less of electricity each year (9,000 kWh or less for lower South Island customers, refer to area map). The lower daily fixed charge on this plan means it is usually more cost-effective for lower energy users. This plan is only available for primary residences - not holiday homes and other properties you may own.

Household Plan — This is generally the best plan for customers using more than 8,000 kWh of electricity each year. (more than 9,000 kWh for lower South Island customers, , refer to area map).The lower variable charge(s) on this plan means that it is usually more suitable for higher energy users.

Both of these plans are made up of a daily fixed charge and a variable charge or charges. A variable charge is the cost of the amount of electricity you use, whereas the daily fixed charge covers the fixed cost of supplying energy to your property.

You can have different variable charge(s) depending upon the type of meter you have. Variable charges may include the following:

  • Anytime - This rate is for the supply of electricity at the same price 24 hours a day. Supply to this type of meter cannot be restricted or "controlled".
  • Controlled/Priority Controlled/Controlled Off Peak - This rate is for the controlled supply of electricity to selected appliances that are permanently wired to a separate meter. This means that the electricity supply for a hot water cylinder, for example, can be turned off during peak times for an allocated period determined by the Network company.
  • Composite - This rate is a combination of the Anytime and Controlled rates but electricity is supplied through a single meter. Supply to a separately wired appliances, e.g. a hot water cylinder, can be turned off during peak times for an allocated period determined by the network company .
  • Day/Night (uncontrolled) - These rates are for customers who use an above-average amount of electricity at night. Different rates apply for day (typically 7am-11pm) and night (typically 11pm-7am). There are no restrictions on which electrical appliances you use at night; you choose when you want to operate them.
  • Night Only - This rate is for the supply of electricity to a separately metered appliance that is used only at night, e.g. a night storage heater. Typically this will be for an 8 hour period between 11pm and 7am.
  • Night Plus/Night Boost - This rate is for the supply of electricity to a separately metered appliance that is used only at night, e.g. a night storage heater. Typically this will be for an 8 hour period between 11pm and 7am and includes a "boost" period. The appliances are permanently wired to a separate meter and the electricity supply is subject to unscheduled interruptions.
  • Triple Saver - Night/Peak/Off-Peak - These rates are only available for electricity supply to 3-register meters. Triple Saver has different rates for night, peak and off-peak times. Typically Night rates apply between 11pm - 7am, Peak rates apply between 7am - 11am and 5pm - 9pm and Off-Peak rates apply between 11am - 5pm and 9pm - 11pm.
  • Day/Night (controlled) - These rates are for the controlled supply of electricity to selected appliances that are permanently wired to a separate meter. Different rates apply for day (typically 8am - 12am) and night (typically 12am - 8am).

 

Gas pricing

We have two main residential gas pricing plans, the Lifestyle Plan and the Convenience Plan. These plans have been formulated to suit different patterns of gas usage.

Lifestyle Plan — This is generally the best plan for customers using more than 4,000 kWh of gas each year. The lower variable charge(s) on this plan mean that it is usually more suitable for higher energy users.

Convenience Plan — This is our low fixed-charge plan and is generally the best plan for customers who use 4,000 kWh or less of gas each year. The lower daily fixed charge on this plan means that it is usually more suitable for lower energy users.

Like our electricity plans, our gas plans are made up of a daily fixed charge and a variable charge. The variable charge is the cost of the amount of gas you use whereas the daily fixed charge covers the cost of supplying gas to your property. For gas plans there is only one type of variable charge rather than the different types available with electricty pricing plans.

 

LPG Pricing

Find out more.

Important notes:

  • kWh = kilowatt hour, 1 kWh = 1 unit of electricity or gas.
  • The daily fixed charge applies to each Installation Control Point (ICP).
  • Prices are dependent on your wiring and meter set up. If you wish to change your meter arrangements, a special fee may apply.

 

Get an independent view - if you want to know how our pricing plans compare to other suppliers visit powerswitch, an independent pricing review completed by the Consumers Institute.