Quarterly Survey of Domestic Electricity Prices (QSDEP)

Transcription

1 Quarterly Survey of Domestic Electricity Prices (QSDEP) What is the QSDEP? The QSDEP reports each retailer s electricity price for an assumed residential customer in each network pricing area and the lines component of that price (prices and lines components include GST). Retail electricity prices reflect the cheapest low user tariff available, which doesn t require customers to sign a fixed term contract. It is assumed that the customer pays their bill on time and receives any available prompt payment discount. Calculations are based on household electricity consumption of 8,000 kwh per year, assuming a typical metering configuration. What is the purpose of the QSDEP? The QSDEP is used to monitor high level trends in regional electricity prices for the modelled customer. This is used in market analysis and policy decisions. However, it does no reflect what an individual customer actually pays for electricity. The emergence of a wide range of discounts that are not reflected in tariffs, e.g. fixed term contracts and door-to-door sales mean that price trends apparent in the QSDEP should be treated with caution. Residential customers should use and companies should use to make direct comparisons for their individual circumstances. What are the key assumptions made by the QSDEP? The customer consumes an average amount of electricity in a year (8,000 kwh of electricity per year). Retail electricity prices reflect the cheapest low user tariff for a customer without a fixed term contract. The customer is assumed to pay their bill on time and receive any available prompt payment discount. Metering configurations in each network pricing area are based on the configuration that had the most connection points at the time the survey began (February 2000). In most areas metering is assumed to be 60% uncontrolled and 40% controlled or Composite (one meter with ripple control). Market share is an approximation based on Installation Control Point (ICP) data. ICP data includes residential consumers, as well as commercial and industrial consumers. Approximately 87% of ICPs are residential customers. Tariff data is sourced from Consumer NZ. Lines charge information is collected separately for all electricity network companies through disclosures on their website. Change to the QSDEP as at 15 November 2013 The QSDEP definition has been amended to include direct debit and/or electronic payment discounts, methods of payment that are now common e.g. customers who are with Powershop and customers signed up to Contact Energy s Online OnTime discount are required to pay by these methods. The impact of this change is that the national average electricity price has been revised down on average by 0.9 c/kwh since the introduction of Contact Energy s Online OnTime discount. Data Revisions from previous surveys The lines charges for Alpine Energy, Buller Electricity, Powerco (Tauranga) and The Power Company lines areas were revised back to 15 May These revisions only affect the lines charge component, not the overall retail tariffs in the lines areas, nor the weighted average national tariff. Changes to the way electricity prices are monitored The Ministry of Business, Innovation and Employment have reviewed the electricity price information that it produces and has decided to make some changes so that the data better reflect the prices that people are paying for electricity, and the full range of discounts available. As a result, the QSDEP as at 15 February 2014 will be the last edition of this survey. The Ministry s new approach to electricity price measurement will provide: Information every quarter on the average amount households paid for electricity at a national and regional level this will reflect discounts received by consumers, such as prompt payment discounts, lower fixed term prices, loyalty rewards, and acquisition and retention payments National average prices for commercial and industrial customers Backdated information for the past five years, so that longer term price trends can still be monitored. The first results from this new approach will be released in June.

2 Domestic Electricity Prices Available Up To 15 February 2014 Feb-09 Feb-12 Feb-13 Nov-13 Feb-14 Approximate Number of ICP's to to to Feb-14 Feb-14 Feb-14 Line Business Line Retail Line Retail Line Retail Line Retail Line Retail Line Retail Line Retail Line Retail Retailer c/kwh c/kwh c/kwh c/kwh c/kwh c/kwh c/kwh c/kwh c/kwh c/kwh % % % % $ $ NORTH ISLAND NORTHLAND Top Energy - 30, % 3.2% $41 Contact Energy 17,021 55% % 4.6% $115 Genesis Energy 2,227 7% % 6.9% $178 Just Energy * * % -6.2% -$181 Mercury Energy 2,443 8% % 4.8% $134 Meridian Energy 1,198 4% % 1.5% $41 TrustPower 6,196 20% % 3.8% $105 Bosco Connect Ltd 326 1% % 0.0% $0 Remainder 1,272 4% Northpower - 54, % 4.2% $35 Meridian Energy 16,344 30% % 1.6% $35 Contact Energy 7,302 13% % 4.4% $91 Just Energy * * % -6.0% -$139 Genesis Energy 15,955 29% % 6.3% $132 Mercury Energy 12,511 23% % 4.8% $106 Nova Energy 348 <1% % 0.0% $0 Remainder 2,401 4% AUCKLAND % Change % Change $ Change Nov-13 Feb-13 Feb-13 UnitedNetworks (Waitemata) - 213, % -6.4% -$62 Genesis Energy 63,555 30% % 0.0% $0 Contact Energy 48,087 23% % 0.0% -$1 Energy Online 8,677 4% % 0.0% $0 Just Energy * * % -4.9% -$113 Mercury Energy 59,834 28% % -1.0% -$22 Meridian Energy 14,809 7% % -2.8% -$61 Nova Energy 1,683 <1% % -0.1% -$1 Powershop 8,696 4% % 0.4% $10 TrustPower 1,853 <1% % 0.0% $0 Remainder 6,465 3% Vector - 326, % 1.3% $11 Mercury Energy 163,187 50% % 2.3% $50 Bosco Connect Ltd 9,591 3% % 2.1% $50 Contact Energy 67,680 21% % 0.0% -$1 Energy Online 3,689 1% % 0.0% $0 Genesis Energy 25,940 8% % 0.0% $0 Just Energy * * % -2.2% -$47 Meridian Energy 19,288 6% % 0.5% $11 Nova Energy 3,690 1% % 2.3% $48 Powershop 11,860 4% % 4.1% $85 TrustPower 2,997 <1% % 0.0% $0 Remainder 18,475 6%

3 COUNTIES/THAMES VALLEY/WAIKATO/KING COUNTRY Counties Power - 38, % 7.7% $69 Contact Energy 14,960 39% % 2.8% $62 Energy Online 5,166 13% % 3.6% $75 Genesis Energy 2,274 6% % 7.6% $160 Just Energy * * % -6.7% -$157 Mercury Energy 7,909 21% % 5.7% $127 Meridian Energy 1,801 5% % 5.4% $115 Nova Energy 2,148 6% % 7.5% $173 Powershop 2,567 7% % 6.8% $138 TrustPower 515 1% % 0.0% $0 Remainder 1,013 0% Powerco (Thames Valley) - 62, % 3.0% $29 Genesis Energy 27,062 44% % 4.0% $92 Contact Energy 9,135 15% % 4.6% $101 Energy Online 1,322 2% % 5.3% $118 Just Energy * * % -3.2% -$75 Mercury Energy 12,097 20% % 4.3% $99 Meridian Energy 2,977 5% % 1.3% $30 Nova Energy 2,417 4% % 2.2% $50 Powershop 318 <1% % 5.6% $122 TrustPower 1,860 3% % 0.0% $0 Remainder 4,830 8% Waipa Networks - 24, % 3.3% $19 TrustPower 9,852 41% % 0.0% $0 Contact Energy 1,706 7% % 0.0% -$1 Energy Online 1,349 6% % 5.8% $105 Genesis Energy 4,793 20% % 6.5% $120 Just Energy * * % -8.0% -$163 Mercury Energy 1,689 7% % 5.0% $98 Meridian Energy 944 4% % 1.0% $19 Bosco Connect Ltd 3,196 13% % 3.8% $71 Nova Energy 119 <1% % 0.0% $0 Remainder 636 3% The Lines Company (Waitomo) - 11, % 6.6% $56 King Country Energy 7,634 68% % 6.1% $130 Energy Online 1,139 10% % 2.6% $56 Genesis Energy 867 8% % 6.0% $128 Just Energy * * % 0.4% $8 Meridian Energy 345 3% % 2.6% $56 TrustPower 464 4% % 2.8% $56 Bosco Connect Ltd 73 <1% % 0.0% $0 Remainder (predominantly Just Energy) 632 6% The Lines Company (King Country) - 11, % 6.2% $55 King Country Energy 8,962 76% % 5.9% $129 Energy Online 979 8% % 2.5% $55 Genesis Energy 759 6% % 5.9% $127 Just Energy * * % 0.3% $7 Meridian Energy 267 2% % 2.5% $55 TrustPower 506 4% % 2.7% $55 Bosco Connect Ltd 17 <1% % 0.0% $0 Remainder (predominantly Just Energy) 338 3% WEL Networks - 86, % 11.4% $92 Genesis Energy 53,736 62% % 4.4% $90 Contact Energy 12,154 14% % 8.2% $154 Energy Online 326 <1% % 5.5% $115 Just Energy * * % 0.1% $1 Mercury Energy 7,384 9% % 4.4% $91 Meridian Energy 5,766 7% % 8.6% $168 Nova Energy 227 <1% % 3.1% $62 Powershop 1,196 1% % 7.1% $142 TrustPower 4,540 5% % -9.2% -$208 Budgie Power * * % 0.0% $0 Remainder 1,215 1%

4 BAY of PLENTY Powerco (Tauranga) - 83, % 5.2% $41 TrustPower 57,054 68% % 2.8% $69 Contact Energy 4,237 5% % 10.5% $217 Energy Online 1,947 2% % 0.0% $0 Genesis Energy 11,141 13% % 6.1% $125 Just Energy * * % -5.8% -$126 Powershop 573 <1% % 0.0% $0 Mercury Energy 3,835 5% % 4.7% $97 Meridian Energy 993 1% % 1.8% $41 Nova Energy 2,857 3% % 3.2% $69 Budgie Power * * % 0.0% $0 Remainder 881 1% Unison (Rotorua) - 30, % 4.2% $38 TrustPower 7,950 26% % 5.1% $129 Contact Energy 3,686 12% % 10.4% $212 Tiny Mighty Power 707 2% % 1.8% $37 Energy Online 3,680 12% % 8.1% $165 Genesis Energy 5,931 19% % 7.9% $168 Powershop 776 3% % 4.7% $99 Just Energy * * % -1.8% -$41 Mercury Energy 3,330 11% % 6.5% $150 Meridian Energy 716 2% % 3.9% $94 Nova Energy 3,012 10% % 3.1% $66 Energy Direct NZ * * % 0.0% $0 Remainder 1,193 4% Unison (Taupo) - 15, % 4.2% $38 TrustPower 5,252 34% % 5.7% $141 Tiny Mighty Power 256 2% % 1.8% $37 Contact Energy 3,742 24% % 9.7% $187 Energy Online 624 4% % 8.1% $165 Genesis Energy 2,093 14% % 7.9% $168 Powershop 85 <1% % 0.0% $0 Just Energy * * % -2.3% -$52 Mercury Energy 1,343 9% % 5.4% $119 Meridian Energy 355 2% % 3.9% $94 Nova Energy 1,294 8% % 3.1% $65 Energy Direct NZ * * % 0.0% $0 Remainder 381 2% Horizon Energy Distribution - 24, % 3.5% $33 Nova Energy 15,412 63% % 1.4% $32 Tiny Mighty Power 4,203 17% % 4.0% $83 Contact Energy 852 4% % 0.0% -$1 Energy Online 184 <1% % 6.4% $138 Genesis Energy 1,382 6% % 4.9% $107 Just Energy * * % -7.5% -$177 Mercury Energy 869 4% % 3.1% $73 Meridian Energy 188 <1% % 1.3% $34 TrustPower 511 2% % 0.0% $0 Remainder 697 3%

5 EAST COAST Eastland Network (Eastland) - 20, % 3.4% $38 Contact Energy 11,934 57% % 8.3% $191 Energy Direct NZ * * % 0.0% $0 Genesis Energy 2,906 14% % 4.5% $116 Just Energy * * % -3.5% -$87 Meridian Energy 658 3% % 7.8% $205 TrustPower 2,147 10% % 0.0% $0 Nova Energy 526 3% % 0.0% $0 Remainder 2,798 13% Eastland Network (Wairoa) - 4, % 3.4% $38 TrustPower 2,205 50% % 1.7% $50 Contact Energy % % 0.0% -$1 Genesis Energy % % 4.5% $116 Just Energy * * % -3.5% -$87 Meridian Energy 194 4% % 7.8% $205 Nova Energy 86 2% % 0.0% $0 Remainder (predominantly Just Energy) % HAWKES BAY/WAIRARAPA Unison (Hawke's Bay) - 61, % 11.6% $104 Contact Energy 27,799 45% % 6.5% $131 Energy Direct NZ * * % 0.0% $0 Energy Online 22,464 36% % 7.1% $143 Genesis Energy 3,612 6% % 9.0% $190 Just Energy * * % 0.3% $7 Meridian Energy 1,470 2% % 11.7% $271 Nova Energy 819 1% % 4.6% $96 TrustPower 1,971 3% % -0.2% -$4 Remainder 3,547 6% Centralines - 8, % 8.0% $91 Meridian Energy 4,418 55% % 3.9% $92 Contact Energy 1,390 17% % 0.0% -$1 Energy Direct NZ * * % 0.0% $0 Energy Online % % 5.9% $138 Genesis Energy 1,143 14% % 0.0% $0 Remainder 293 4% Scanpower - 6, % 9.7% $82 Meridian Energy 3,578 54% % 3.9% $86 Contact Energy 1,086 16% % 0.0% -$1 Energy Online 352 5% % 5.8% $121 Genesis Energy % % 6.4% $133 Mercury Energy % % 0.0% $0 Nova Energy 67 1% % 0.0% $0 Just Energy * * % 0.0% $0 Remainder 63 <1% Powerco (Wairarapa) - 27, % 0.8% $8 Genesis Energy 13,289 48% % 5.0% $120 Contact Energy 3,788 14% % 2.5% $58 Energy Direct NZ * * % 0.0% $0 Energy Online 166 <1% % 0.0% $0 Just Energy * * % -4.4% -$108 Mercury Energy 1,482 5% % 4.6% $111 Meridian Energy 2,223 8% % -1.3% -$30 Nova Energy 1,658 6% % 3.1% $75 Powershop 985 4% % 1.7% $41 Tiny Mighty Power 3,024 11% % 2.3% $55 TrustPower 603 2% % -0.2% -$4 Remainder 703 3%

6 TARANAKI/WANGANUI Powerco (New Plymouth) - 35, % -0.2% -$2 Genesis Energy 14,633 41% % 5.0% $104 Contact Energy 3,383 9% % 2.5% $54 Energy Direct NZ * * % 0.0% $0 Energy Online 96 <1% % 0.0% $0 Just Energy * * % -2.2% -$48 Mercury Energy 4,205 12% % 4.5% $95 Meridian Energy 1,515 4% % -1.3% -$26 Nova Energy 7,808 22% % 3.6% $71 Powershop 449 1% % 3.6% $75 TrustPower 680 2% % 0.0% $0 Remainder (predominantly Energy Direct NZ) 3,224 9% Powerco (Stratford) - 11, % -0.1% -$1 Genesis Energy 5,340 48% % 5.0% $104 Contact Energy 746 7% % 2.5% $54 Energy Direct NZ * * % 0.0% $0 Energy Online 29 <1% % 0.0% $0 Just Energy * * % -2.2% -$48 Mercury Energy 2,186 19% % 4.5% $95 Meridian Energy 798 7% % -1.3% -$26 Nova Energy 1,187 11% % 3.6% $71 TrustPower 310 3% % 0.0% $0 Remainder (predominantly Energy Direct NZ) 616 5% Powerco (Hawera) - 9, % 1.0% $10 Genesis Energy 4,107 45% % 5.0% $120 Contact Energy % % 2.3% $53 Energy Direct NZ * * % 0.0% $0 Energy Online 19 <1% % 0.0% $0 Just Energy * * % -4.4% -$108 Mercury Energy 1,531 17% % 4.6% $110 Meridian Energy 584 6% % -1.3% -$31 Nova Energy 1,031 11% % 3.9% $89 Powershop 101 1% % 2.1% $50 TrustPower 336 4% % -0.2% -$4 Remainder (predominantly Energy Direct NZ) 443 5% Powerco (Wanganui) - 30, % -0.1% $0 Genesis Energy 15,323 51% % 5.0% $104 Contact Energy 2,844 9% % 2.5% $54 Energy Direct NZ * * % 0.0% $0 Energy Online 125 <1% % 0.0% $0 Just Energy * * % -2.2% -$48 Mercury Energy 2,994 10% % 4.5% $95 Meridian Energy 1,876 6% % -1.3% -$26 Powershop 424 1% % 3.6% $76 TrustPower 565 2% % -0.2% -$4 Remainder (predominantly Energy Direct NZ) 5,850 19%

7 MANAWATU/HOROWHENUA Powerco (Manawatu) - 52, % -0.1% -$1 Genesis Energy 22,702 43% % 5.0% $104 Contact Energy 6,715 13% % 1.7% $35 Energy Direct NZ * * % 0.0% $0 Energy Online 301 <1% % 0.0% $0 Just Energy * * % -2.2% -$48 Mercury Energy 5,303 10% % 4.5% $95 Meridian Energy 4,537 9% % -1.3% -$26 Nova Energy 6,337 12% % 2.6% $54 Powershop 1,301 2% % 3.6% $76 TrustPower 514 <1% % 0.0% $0 Remainder 4,543 9% Electra - 42, % 0.0% $0 Contact Energy 16,727 39% % 4.4% $84 Energy Direct NZ * * % 0.0% $0 Energy Online 12,626 29% % 5.3% $102 Genesis Energy 6,009 14% % 7.1% $140 Just Energy * * % -3.3% -$70 Mercury Energy 1,306 3% % 4.5% $95 Meridian Energy 2,249 5% % 2.8% $57 Nova Energy 959 2% % 3.6% $74 Powershop 1,505 4% % 6.9% $135 TrustPower 382 <1% % 0.0% $0 Remainder 1,135 3% WELLINGTON Wellington Electricity Lines (North) - 81, % 3.7% $29 Genesis Energy 43,582 54% % 3.8% $78 Contact Energy 10,374 13% % 1.3% $27 Energy Direct NZ * * % 0.0% $0 Energy Online 515 <1% % 5.9% $120 Just Energy * * % -2.1% -$43 Mercury Energy 9,080 11% % 3.3% $68 Meridian Energy 9,226 11% % 1.4% $30 Nova Energy 2,170 3% % 1.3% $28 Powershop 3,141 4% % 5.3% $105 TrustPower 986 1% % 0.0% $0 Budgie Power * * % 0.0% $0 Remainder 2,296 3% Wellington Electricity Lines (South) - 83, % 3.7% $29 Genesis Energy 34,656 42% % 3.8% $78 Bosco Connect Ltd 341 <1% % 3.4% $71 Contact Energy 14,152 17% % 1.5% $31 Energy Direct NZ * * % 0.0% $0 Energy Online 517 <1% % 5.9% $120 Just Energy * * % -3.4% -$72 Mercury Energy 8,349 10% % 3.2% $68 Meridian Energy 11,175 13% % 1.4% $29 Nova Energy 5,057 6% % 1.3% $28 Powershop 6,085 7% % 5.2% $104 TrustPower 1,126 1% % 0.0% $0 Budgie Power * * % 0.0% $0 Remainder 1,828 2%

8 SOUTH ISLAND NELSON/MARLBOROUGH Nelson Electricity - 9, % 4.9% $34 TrustPower 3,410 38% % 1.7% $41 Contact Energy 2,426 27% % 8.9% $188 Genesis Energy 598 7% % 6.8% $151 Just Energy * * % -2.7% -$59 Mercury Energy 431 5% % 3.5% $78 Meridian Energy 800 9% % 1.5% $34 Remainder (predominantly Just Energy) 1,350 15% Network Tasman - 37, % 0.6% $4 Contact Energy 21,366 57% % 9.7% $185 Genesis Energy 959 3% % 6.8% $148 Just Energy * * % -1.7% -$37 Meridian Energy 3,080 8% % 8.8% $183 TrustPower 8,752 23% % 4.3% $94 Remainder (predominantly Just Energy) 3,457 9% Marlborough Lines - 24, % 9.8% $97 TrustPower 10,729 44% % 3.7% $99 Contact Energy 3,467 14% % 0.0% -$1 Genesis Energy 2,033 8% % 14.5% $328 Just Energy * * % 1.2% $29 Meridian Energy 2,103 9% % 4.0% $97 Tiny Mighty Power 3,768 15% % 6.0% $140 Remainder (predominantly Just Energy) 2,432 10% WEST COAST Buller Electricity - 4, % 9.0% $109 TrustPower 1,977 43% % 3.7% $114 Contact Energy % % 0.0% -$1 Genesis Energy 268 6% % 6.8% $177 Just Energy * * % 0.4% $10 Meridian Energy % % 3.9% $111 Pulse Energy 1,052 23% % 4.0% $109 Remainder 21 <1% Westpower - 13, % 4.6% $45 TrustPower 9,078 69% % 3.0% $78 Contact Energy 1,785 14% % 0.0% -$1 Genesis Energy 589 4% % 6.1% $143 Just Energy * * % -7.0% -$179 Mercury Energy 62 <1% % 4.5% $113 Meridian Energy 1,001 8% % 1.6% $42 Remainder 674 5%

9 NORTH CANTERBURY MainPower - 27, % 0.0% $0 Contact Energy 15,291 56% % 3.9% $75 Genesis Energy 3,653 13% % 7.4% $138 Just Energy * * % 0.6% $13 Mercury Energy 345 1% % 5.6% $121 Meridian Energy 3,440 13% % 7.6% $152 Tiny Mighty Power 334 1% % 10.1% $210 TrustPower 4,139 15% % 4.8% $96 Remainder 120 <1% MainPower (Kaiapoi) - 8, % 0.0% $0 Contact Energy 4,551 52% % 3.9% $75 Genesis Energy 1,496 17% % 7.4% $138 Just Energy * * % 0.6% $13 Mercury Energy 131 2% % 5.6% $121 Meridian Energy % % 0.0% $0 Tiny Mighty Power 71 <1% % 10.1% $210 TrustPower 1,480 17% % 5.3% $105 Remainder 75 <1% CHRISTCHURCH Orion NZ - 184, % 3.6% $27 Meridian Energy 69,291 38% % 2.8% $55 Contact Energy 33,944 18% % 0.0% -$1 Genesis Energy 49,932 27% % 10.5% $195 Just Energy * * % -1.2% -$25 Mercury Energy 13,145 7% % 0.0% $0 Powershop 8,975 5% % 3.7% $75 TrustPower 3,092 2% % 3.1% $75 Nova Energy 1,807 <1% % 0.0% $0 Remainder 4,109 2% MID CANTERBURY/SOUTH CANTERBURY Electricity Ashburton - 18, % 0.0% $0 TrustPower 6,743 37% % 1.7% $40 Contact Energy 1,872 10% % -0.8% -$16 Genesis Energy 1,575 9% % 0.0% $0 Just Energy * * % -7.0% -$141 Mercury Energy 749 4% % 2.6% $53 Meridian Energy 6,011 33% % 0.0% $0 Remainder 1,230 7% Alpine Energy - 31, % 6.8% $44 Contact Energy 17,548 56% % 7.6% $136 Genesis Energy 2,828 9% % 0.0% $0 Meridian Energy 3,278 10% % 2.3% $45 TrustPower 4,491 14% % 0.0% $0 Nova Energy 88 <1% % 0.0% $0 Just Energy * * % 0.0% $0 Remainder 3,266 10%

10 OTAGO Network Waitaki - 11, % 0.1% $0 Meridian Energy 8,420 71% % 1.4% $27 Contact Energy 1,613 14% % 0.0% -$1 Genesis Energy 455 4% % 0.0% $0 TrustPower 1,220 10% % 0.0% $0 Just Energy * * % 0.0% $0 Remainder 139 1% Aurora Energy (Central Otago Clyde/Crom) - 17, % 1.1% $12 TrustPower 8,305 46% % 2.0% $52 Contact Energy 3,536 20% % 2.3% $50 Genesis Energy 2,366 13% % 6.6% $148 Just Energy * * % -4.1% -$89 Meridian Energy 1,894 11% % 6.3% $142 Powershop 345 2% % 2.3% $53 Pulse Energy 783 4% % 0.5% $13 Nova Energy 108 <1% % 0.0% $0 Payless Energy * * % 0.0% $0 Remainder 582 3% Aurora Energy (Queenstown) - 12, % -1.9% -$16 TrustPower 4,673 37% % 0.9% $22 Contact Energy 4,181 34% % 1.4% $30 Genesis Energy 1,443 12% % 0.0% $0 Just Energy * * % -4.1% -$89 Meridian Energy 936 8% % -6.5% -$136 Powershop 549 4% % 1.2% $25 Pulse Energy 446 4% % -0.7% -$17 Nova Energy 108 <1% % 0.0% $0 Payless Energy * * % 0.0% $0 Remainder 142 1% OtagoNet - 14, % 5.5% $80 TrustPower 8,050 55% % 3.3% $101 Contact Energy 1,586 11% % 0.0% -$1 Genesis Energy 1,616 11% % 6.6% $174 Just Energy * * % -7.8% -$236 Powershop 181 1% % 0.0% $0 Mercury Energy 297 2% % 5.0% $139 Meridian Energy 2,477 17% % 2.6% $73 Remainder 535 4% DUNEDIN Aurora Energy (Dunedin) - 53, % -2.9% -$17 Contact Energy 15,202 28% % 0.0% -$1 Genesis Energy 10,821 20% % 0.0% $0 Just Energy * * % -4.8% -$93 Mercury Energy 10,499 19% % 1.1% $22 Meridian Energy 4,848 9% % -1.0% -$17 Payless Energy * * % 1.7% $27 Powershop 3,320 6% % 0.7% $13 TrustPower 7,213 13% % 3.1% $64 Nova Energy 385 <1% % 0.0% $0 Remainder 1,570 3%

11 SOUTHLAND The Power Company - 35, % 1.4% $13 Contact Energy 19,207 55% % 4.9% $106 Genesis Energy 2,558 7% % 0.0% $0 Just Energy * * % -4.6% -$107 Meridian Energy 5,878 17% % 2.4% $53 Powershop 230 <1% % 8.9% $186 TrustPower 6,046 17% % 0.0% $0 Remainder (predominantly Just Energy) 1,227 3% Electricity Invercargill - 17, % 0.0% $0 Contact Energy 9,397 54% % 1.8% $33 Genesis Energy 821 5% % 0.0% $0 Just Energy * * % -5.1% -$107 Mercury Energy 510 3% % 8.4% $170 Meridian Energy 1,552 9% % 0.0% $0 Powershop 180 1% % 3.9% $78 TrustPower 4,011 23% % 0.0% $0 Remainder (predominantly Just Energy) 816 5% TOTAL NEW ZEALAND Total Consumers (all sectors) - 2,012,085 Weighted Average Line Charge % 2.2% $19 Weighted Average Retail Charge (ICP Weighted) % 2.9% $63 Weighted Average Retail Charge (Incumbent) % 3.2% $69 Weighted Average Retail Charge (Cheapest) % 1.6% $32 Weighted Average Retail Charge (Dearest) % 0.9% $21