Retail
[ Last Updated 24 January 2006 ]
There is a high degree of vertical integration between generation and retail activities in New Zealand, with the five main retail companies also being the main generating companies. They are:
Retailers compete to meet consumers' electricity needs. They provide a bundled service for most consumers by purchasing electricity at wholesale (spot and contract) prices from the generating companies and transmission/distribution services from lines companies. In this case, the retailers' charges to the end-users include the cost of the electricity supplied to the consumer as well as charges for transmission and distribution services. Some large consumers contract separately with retailers andlines companies for energy and network services.
In some cases, retailers may provide a "billing service" for lines companies that contract separately with consumers, or lines companies may separately bill customers for their services.
For information on line and retail charges, see Price Monitoring.
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