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25 Jun 2025 8:26
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  •   Home > News > Business

    Power prices are still rising, despite assurances we won't face last year's winter woes

    Power prices are still rising, despite assurances we won't face last year's winter woes


    Stats NZ data shows electricity prices have jumped 6.2 percent since last year.

    Meridian Energy says hydro lake levels have risen high enough, so power supplies won't be as stretched.

    Consumer NZ Powerswitch manager Paul Fuge says the best way to save money this winter, is to search for power plans utilising non-peak usage times.

    He says electricity is cheaper on the spot market at these times, so companies will grant cheaper prices.

    © 2025 Newstalk ZB, NZCity

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