Why Has Meridian 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.
Meridian energy prices have increased in April 2024.
Meridian’s fixed term plan has an anytime rate of $0.2372 per kWh.* This is about 6% higher than last year for most consumers.
If you have noticed your power bill increasing recently, there is good news – you can still save money on it. One way to lower your power bill is to reduce the amount of energy you use. This is great for the environment and for your wallet! One way to reduce your power consumption is to use energy efficient appliances. If you are in the market for a new household appliance such as a washing machine, fridge, or air conditioner, it’s always a good idea to choose one that has a high energy star rating. This means that the unit will use the least amount of energy possible to perform the same task.
Check out 7 other ways to lower energy consumption
Another way to lower your power bill is to compare power plans available to you. Use the form on this page to compare costs and discover savings that make a difference to your budget and monthly expenses. Why pay for more, when you can find a better deal? Save on your power bill today!
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 Meridian 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.
About Meridian Energy
The 2 year fixed term plan sits at an anytime rate of $0.2372 per kWh.*
1. Freedom plan / $10 credit per month for a year.
Economy 24: $0.2332 /kWh hour
Daily Charge: $2.3153 per day
2. Fixed term plan / $200 credit
Economy 24: $0.2372 /kWh hour
Daily Charge: $2.3618 per day
3. EV plan / 50% off night + 6 months' worth of free charging.
Enquire for a unique quote.
4. Solar plan $300 credit
Enquire for a unique quote.
5. Bach plan / No daily charges, only pay for the electricity you use.
Enquire for a unique quote.
Freedom Plan - No fixed contract + $10 monthly credit