Using smart meter technology, Power Direct gives you the ability to buy power at wholesale rates, the same way power companies themselves do. We believe this is the fairest way to access power - you only pay for what gets delivered to your house.
To learn more about how these rates are calculated, you can check out our breakdown of pricing schedules below. If none of that makes sense, just contact us and we’ll help you out!
Every power company in New Zealand buys power at the 'spot price' which changes every 30min. Traditional power companies then on-sell that power at a fixed higher rate to cover fluctuations. If the price for power is low they are making an increased profit on the price their customers are paying.
Power Direct is different, as a wholesale power company our costs change depending on the spot price. When the spot price is low it’s our customers who see the power savings.
You can keep track of the spot price in your My Account area.
Buy your power the same way power companies do, at the wholesale Spot Price - the fairest way to buy power.
We only service smart meters so we get data in real time. Not relying on estimates means you’re only charged for actual usage.
Super-charge your savings by managing how and when you use power in relation to the current Spot Price.
We believe customers deserve to receive transparent, unbundled bills so they can see exactly how their pricing is made up. When we refer to 'Power Direct Fees' this means:
Standard Users - daily fixed charge of $0.42 + $0.0157 per kWh
Low Users - no fixed daily charge + between $0.027 and $0.036 per kWh depending on your area.
To see the pricing schedules available for your area click here.
If you're unsure if you're a 'Standard' or a 'Low User', check out our FAQ's.Join Now
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