Current grid prices 2023/24 (1 April 2023 to 31 March 2024)
In December 2022, we notified transmission customers of the prices under the new TPM for the 2023/24 pricing year (April 2023 - March 2024).
- Customer prices for 2023/24 (total charges per customer)
- Customer prices for 2023/24 (as notified in December 2022)
- Transmission pricing rates table April 2023
- Transmission charge components for 2023/24 compared to 2022/23 and key drivers for the changes
- Media release: Transpower announces electricity transmission charges to take effect from April 2023
- TPM indicative prices (last updated August 2022)
Pricing year 2024/25 (effective 1 April 2024)
In December 2023, we notified transmission customers of the prices under the TPM for the 2024/25 pricing year (April 2024 - March 2025).
Some transmission customers will see an increase in their costs and others will see a decrease. How transmission charges are passed on to businesses and households connected to local lines companies is not something Transpower has control or influence over. Each local lines company decides how to pass these charges on to their consumers, taking into account guidance provided by the Electricity Authority. Transmission charges typically make up 8-10% of the average consumer’s total power bill.
Useful information: