Mercury Energy Price Increase 2024

Why Has Mercury Increased Prices?

Energy retailers must regularly review the costs of the electricity supply chain. There are many different parts of the electricity supply chain that require maintenance and upgrading such as towers, power stations, lines, and poles. As inflation rises, these costs change, which is why energy retailers adjust their prices accordingly. 

Mercury Energy Prices 2024

Mercury energy prices have increased in 2024. Mercury’s open term plan has an anytime rate of $0.1909 per kWh.* This is about
5-8% higher than last year for most consumers.

If you have noticed your power bill going up, there are things you can do to lower it! Look around your home and see if there are ways you can lower your power use. For example, choosing to use energy efficient appliances such as a washing machine with a high star energy rating and ensure that you are using the least amount of energy possible when doing household chores. You can also block drafts from escaping when using your heat pump or air conditioner, so that cool or warm air stays inside, preventing your unit from having to work harder. 

It is also important to compare power plans available to you. Use the form on this page to compare costs and see if you can find a better value deal and make savings on your power bill.

As electricity prices go up, consider checking if you qualify for the winter energy payment, which will help cover some of your energy bill each month. 

Remember, prices vary across the country. The Mercury energy rates quoted in this article are based on an Auckland address.  For an accurate estimate at your property remember to compare power prices based on your address!

Disclaimer: *The electricity prices quoted on this article are sourced directly from provider websites for an address in Auckland and are intended for example purposes only. Please note that these prices will not accurately reflect the rates applicable in your specific area as these change across the country.