Electricity Generation Companies Nz

For more information on new zealand s extensive network of lines companies see our map.

Electricity generation companies nz.

Lines companies connect to the national grid and sell electricity to retailers who in turn provide a service to consumers. While you might not think a few cents makes much difference these costs add up over a year especially for households using plenty of electricity. There are a number of smaller companies in the electricity generation industry including wel networks nz windfarms nz energy mainpower pioneer and top energy. Genesis sell electricity natural gas and lpg through their customer experience business.

Genesis also has a 31 interest in the kupe joint venture which owns the kupe oil and gas field. We believe it s the only way forward for people and the planet. In new zealand electricity is generated by 5 major electricity generating companies. We think it s time for it to power more of our transport fleet too.

Meridian energy is the only electricity generator in new zealand to commit to generating electricity only from renewable resources. Last year over 80 of our country s electricity supply came from renewable sources and at mercury that number was 100. Wind generation has grown quickly as a source of electricity in new zealand. Meridian energy is a new zealand power company that generates electricity through 100 renewable sources wind water and sun.

Genesis energy nz is a diversified energy company. Now wind generation makes up around 5 of new zealand s electricity generation. Alpine energy aurora energy buller electricity centralines counties power eastland network electra ea networks electricity invercargill horizon energy distribution the lines company mainpower marlborough lines nelson electricity network tasman network waitaki northpower orion. The retail space is dominated by the five generating companies.

The line companies are. The first wind farm hau nui was commissioned in 1997. Genesis energy mercury and meridian energy operate under a mixed ownership model in which the government holds a majority stake while contact and trustpower are private sector companies. Average figures in cents obtained from eeca for lower user plans per kwh and figure nz for standard user plans per kwh april 2020.

That is lucky because meridian is also the country s largest generator creating 35 of new zealand s power in 2014. Generation companies own and operate power stations across the country. Most of new zealand s wind farms are located in the north island. They generate electricity and trade electricity and natural gas through our energy management business.

Twenty seven lines companies all members of the electricity network association distribute electricity throughout new zealand.