Cost of living: How to get $110 off your electricity bill through Power Credits Scheme
Some Kiwis can expect their power bill to rise this month for the third year in a row as the low-user charge is phased out – but there's a payment available for people who are struggling.
It's the third year in a row that low-power users are facing increasing fixed costs as the low-power users scheme is phased out.
To help the industry set up the $5 million Power Credits Scheme which means eligible households can access credit during the transition.
The phase out which began in 2022 will see fixed costs for low users rise every april for five years.
The scheme means households who are supplied by Contact, Meridian, Mercury, Genesis, Nova, Wise, Globug, Powershop, Frank or Toast Electric can access a $110 payment if they’re in hardship. So far $1.4 million has been paid out.
The scheme is run by the Electricity Retailers’ Association of New Zealand. Chief executive Bridget Abernethy told Consumer NZ households showing signs of energy hardship can get the payment. But Abernethy said each power company will have its own criteria for what energy hardship looks like.
The Ministry of Business, Innovation and Employment (MBIE) said removing the "low Fixed Charge Tariff regulations is essential for creating a fairer playing field for all New Zealand households".
However, the MBIE website acknowledged the phase-out could be challenging for some households.
"While all households are expected to benefit in the long term from the regulations being removed, some households may face higher power bills," the website said.
The credit can help households adjust, it added.
The decision to remove the low user charge was made by the then Labour Government in 2021 who called it "poorly targeted".
Then Energy Minister Megan Woods said it would mean three in five households could benefit from lower power bills.
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Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
What has a head but no brain?
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Want a Cosier Christmas Night? Neighbours, Read This
Hey neighbours,
Quick question - have you given your bedroom a little Christmas love yet?
If not, you’re going to love this! We’ve put together some easy, feel-good DIY ideas to help turn your bedroom into a cozy Christmas retreat - think festive bedding, twinkling lights, handmade pillows, and warm holiday scents. Simple touches, big Christmas vibes.
Get inspired here:
beds4u.co.nz...
And while you’re getting into the Christmas spirit, our Boxing Day sale is still ON - a great excuse to upgrade your bed and enjoy better sleep heading into the new year.
Find your nearest Beds4U store:
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Or browse all Boxing Day deals:
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Don’t wait, neighbours - cozy nights and great deals don’t stick around for long!
Poll: Are Kiwis allergic to “exuberance”? 🥝
In The Post’s opinion piece on the developments set to open across Aotearoa in 2026, John Coop suggests that, as a nation, we’re “allergic to exuberance.”
We want to know: Are we really allergic to showing our excitement?
Is it time to lean into a more optimistic view of the place we call home? As big projects take shape and new opportunities emerge, perhaps it’s worth asking whether a little more confidence (and enthusiasm!) could do us some good.
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40.4% Yes
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34.3% Maybe?
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25.3% No
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