If demand differs from expected it may impact on security of supply.
Electricity prices nz graph.
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New zealand power prices are on the rise electricity prices drop for first time in 15 years during the past 10 years electricity prices had their biggest rise in the second quarter of 2011.
Wholesale electricity is sold and priced in a formal real time market.
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The graph below is the same comparison at the ben2201 reference node.
Prices are for the most common electricity plan type in the area for a household of 3 4 people using electric water heating electric cooking and a mix of electric and other space heating.
Quarterly survey of domestic electricity prices qsdep the qsdep is an average price series based on certain assumption which complements the sales based electricity cost data.
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These charts record the average monthly price for each of three reference points otahuhu in auckland benmore in the south island and haywards in wellington.
The graph above shows prices at the hay2201 reference node.
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The haywards reference point is important as it is the entry point into the north island for south island hydro generation via the cook straight cable.
New zealand s annual electricity consumption demand is nearly 40 000 gigawatt hours gwh.
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The trends graph always tracks the same plan.
A limited selection of publicly advertised retail tariffs are surveyed for around 40 towns and cities across new zealand.
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Prices are surveyed as a snapshot at the mid point of each quarter 15 february 15 may 15 august and 15 november each year.
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