Advertisement

Ad promo image large
  • Published Date

    February 15, 2022
    This ad was originally published on this date and may contain an offer that is no longer valid. To learn more about this business and its most recent offers, click here.

Ad Text

o aere N ty tes ak y ca 1o use d at imes of the day when Electricity Pricing Schedule Effective 1 April 2022 Northpower Residential Distribution Charge Discount Prlice Categery Code OM Pe Contled Duly Price ncontrolled ida Nighe Pea Shoulder Eport IS the omenngAge 2 Nte Limandt peve beeof toor co Nthowerd onhargeane whhhco reive ach eligtCPa temied by the conumpton noshed Nonhpoer by the tya the t pers30 Steber 2002 terendh gleCwo ng2000 wieee d $12Am The G000 CTou 000 DM Ehge C omumton tete wh and 2000 Wc ge KTOU Taquty aigeCaniCPm beeoled tom te ontposecicty etowthagsty tat of Connectenoenbe 2002 ha Dnetacctyaler on thar d and the t oonump totywtalenio Noe e h per 0 Setember 202 ICPtetnorgte Dacots wiepledasdt nde electoty t fom the cutcoty etaler dg Nvene Decenter 2o dor aded 1000 wTou All priees enclude GST. Refer o ur lectrieity Prieing Peliey ter moe iefarmaten an ho thase prices are apolied. 000 General Mutred Lighing Coraled Cared Day Categery Code Daly Pie ed Conted Pe Shoder Night Epet Conneed a Nigh Uetered NO1 000 NO 44 21000 22 45000 STOU 1451 45000 014 NOS 12 2000 NDS 28 13500 NO 24 ND2 53 14000 Large Commercial & Industrial Midnight Price Categery Code Exces Demand Dalily Peak Shoulder O Pes Power facter SAVAday AVAa VAa ay 200er Cty Demand Erport (SAW O pe LOI 15 201 Shocd 45000 210CAP 210PND OED 45000 2CAP 2 Weekdays 45000 0.0000 wes 230CAP 230O -Pam S000 0.0000 Peak Shoder Northpower Pricing Noon Key changes for 2022/2023 Time of Use (ToU) Pricing Midnight We colect the money we need to run our electricity network, and maintain and upgrade our assets through lines prices charged bto retailers. Retailers then decide how and what they want to charge their customers We introduced Time of Use pricing two years ago for residential and business consumers with communicating smart meters. Time of Use pricing has different charges depending on the time of day that electricity is used. Of pea On average in NZ the lines charges make up about 37% This is because electricity networks are a bit like roads, We've just set the prices which we will charge retailers When networks get congested, we then have to invest Weekends and public holidays for 2022/2023. Although some prices have moved up in extra lines and equipment to accommodate tha and others have moved down, overall we expect to earn linci Northland regional holidays ony business customers that we would have earned it we didn't change any prices This year we have increased the difference between peak rates and off-peak rates to approximately 10c/kWh or most price plans This signals that id our network reaches its capacity at peak times (mornings and evenings) we might have to spend money to increase the capacity, and if you can shift consumption to off-peak times (ike turning on your dishwasher or dryer later at night, or charging your Ev overnight) we can reduce the cost of upgrades and share the benetit with you through lower prices. We use Time of Use to charge your retailer, but it is up to We recognise that with any pricing reform, the cost for your retalet as to whether they pass this through to you some consumers may go down, and for others it may go Shdder Fixed Prices We are gradually adjusting our prices to increase the fixed component le g. the daily chargel, and reduce the variable component. This reflects that the costs to run an electricity network are mostly fixed. and other than building extra capacity for peak times. it does not generally cost us mtuch more if you use more electricity. Our network has capacity outside of peak times, and we want you to be able to use this capacity without having to pay extra lines charges. Therefore, over time most of our revemue will come from the fixed charge. and the variable component leg. the charge per unit of electricity used will be used to provide an incentive to shift load out of peak periods. Noon Time of Use Pricing Impact of change up. However, these reforms are designed to ensure that over time everyone pays a similar contribution towards the fixed costs ot running of the electricity network. Therefore, in the future, ines pricing will be similar to today's "unlimited internet" pricing, enabling you to use our lines more at little to no extra cost. Export Generation We have this year introduced a te/kWh charge to export generation back into the grid. This charge is only expected to generate about $30,000 in revenue, The Government has regulations, which previously mited the fised and it goes towards the costs of managing generation connections on our network. recently changed the Low Faed Distribution Charge Discount Too much generation injecting into one part of the network can cause issues which affects other consumers Power Trust will pay a distnbution charge discount for so we incur costs to manage and review applicatons. and to monitor the network. We consider it fair to recover these charges from the consumers who have generation at their properties, rather than from all customers Northpower, with the support of the Northpower Electric at their principal place of residence This cap wil ut by 15e each year for 5 years, and will then be removed completely. For most consumers a higher daily charge will be offset to some degree by lower variable charges. the benefit of electricity consumers connected to eur network, of $254 15 including GST dor most consumers in November or December this year. See our pricing disclosure for more details a o aere N ty tes ak y ca 1o use d at imes of the day when Electricity Pricing Schedule Effective 1 April 2022 Northpower Residential Distribution Charge Discount Prlice Categery Code OM Pe Contled Duly Price ncontrolled ida Nighe Pea Shoulder Eport IS the omenngAge 2 Nte Limandt peve beeof toor co Nthowerd onhargeane whhhco reive ach eligtCPa temied by the conumpton noshed Nonhpoer by the tya the t pers30 Steber 2002 terendh gleCwo ng2000 wieee d $12Am The G000 CTou 000 DM Ehge C omumton tete wh and 2000 Wc ge KTOU Taquty aigeCaniCPm beeoled tom te ontposecicty etowthagsty tat of Connectenoenbe 2002 ha Dnetacctyaler on thar d and the t oonump totywtalenio Noe e h per 0 Setember 202 ICPtetnorgte Dacots wiepledasdt nde electoty t fom the cutcoty etaler dg Nvene Decenter 2o dor aded 1000 wTou All priees enclude GST. Refer o ur lectrieity Prieing Peliey ter moe iefarmaten an ho thase prices are apolied. 000 General Mutred Lighing Coraled Cared Day Categery Code Daly Pie ed Conted Pe Shoder Night Epet Conneed a Nigh Uetered NO1 000 NO 44 21000 22 45000 STOU 1451 45000 014 NOS 12 2000 NDS 28 13500 NO 24 ND2 53 14000 Large Commercial & Industrial Midnight Price Categery Code Exces Demand Dalily Peak Shoulder O Pes Power facter SAVAday AVAa VAa ay 200er Cty Demand Erport (SAW O pe LOI 15 201 Shocd 45000 210CAP 210PND OED 45000 2CAP 2 Weekdays 45000 0.0000 wes 230CAP 230O -Pam S000 0.0000 Peak Shoder Northpower Pricing Noon Key changes for 2022/2023 Time of Use (ToU) Pricing Midnight We colect the money we need to run our electricity network, and maintain and upgrade our assets through lines prices charged bto retailers. Retailers then decide how and what they want to charge their customers We introduced Time of Use pricing two years ago for residential and business consumers with communicating smart meters. Time of Use pricing has different charges depending on the time of day that electricity is used. Of pea On average in NZ the lines charges make up about 37% This is because electricity networks are a bit like roads, We've just set the prices which we will charge retailers When networks get congested, we then have to invest Weekends and public holidays for 2022/2023. Although some prices have moved up in extra lines and equipment to accommodate tha and others have moved down, overall we expect to earn linci Northland regional holidays ony business customers that we would have earned it we didn't change any prices This year we have increased the difference between peak rates and off-peak rates to approximately 10c/kWh or most price plans This signals that id our network reaches its capacity at peak times (mornings and evenings) we might have to spend money to increase the capacity, and if you can shift consumption to off-peak times (ike turning on your dishwasher or dryer later at night, or charging your Ev overnight) we can reduce the cost of upgrades and share the benetit with you through lower prices. We use Time of Use to charge your retailer, but it is up to We recognise that with any pricing reform, the cost for your retalet as to whether they pass this through to you some consumers may go down, and for others it may go Shdder Fixed Prices We are gradually adjusting our prices to increase the fixed component le g. the daily chargel, and reduce the variable component. This reflects that the costs to run an electricity network are mostly fixed. and other than building extra capacity for peak times. it does not generally cost us mtuch more if you use more electricity. Our network has capacity outside of peak times, and we want you to be able to use this capacity without having to pay extra lines charges. Therefore, over time most of our revemue will come from the fixed charge. and the variable component leg. the charge per unit of electricity used will be used to provide an incentive to shift load out of peak periods. Noon Time of Use Pricing Impact of change up. However, these reforms are designed to ensure that over time everyone pays a similar contribution towards the fixed costs ot running of the electricity network. Therefore, in the future, ines pricing will be similar to today's "unlimited internet" pricing, enabling you to use our lines more at little to no extra cost. Export Generation We have this year introduced a te/kWh charge to export generation back into the grid. This charge is only expected to generate about $30,000 in revenue, The Government has regulations, which previously mited the fised and it goes towards the costs of managing generation connections on our network. recently changed the Low Faed Distribution Charge Discount Too much generation injecting into one part of the network can cause issues which affects other consumers Power Trust will pay a distnbution charge discount for so we incur costs to manage and review applicatons. and to monitor the network. We consider it fair to recover these charges from the consumers who have generation at their properties, rather than from all customers Northpower, with the support of the Northpower Electric at their principal place of residence This cap wil ut by 15e each year for 5 years, and will then be removed completely. For most consumers a higher daily charge will be offset to some degree by lower variable charges. the benefit of electricity consumers connected to eur network, of $254 15 including GST dor most consumers in November or December this year. See our pricing disclosure for more details a