We are a kaitiaki of electricity

New Zealand's electricity regulator

Selection process starts for over-the-counter trading platform

We've started working with industry participants to select an OTC trading platform that has all the features necessary to deliver voluntary or mandatory market…

Strong inflows push hydro storage above nominal full

Rainy spring weather and snowmelt have caused national hydro storage in New Zealand to increase beyond ‘nominal full’ capacity - and to its highest level since…

Stress testing: certificate of spot price risk disclosure statement updated

The stress testing regime requires certain participants in the wholesale electricity market to test their exposure to changes in spot electricity prices and re…

Our projects
View all projects

Commercial market making

Making the electricity futures market more efficient.

Have your say

Submissions open until 23 December 2025

View consultation

Distribution connection pricing reform

Improving connection pricing methodologies so they’re more efficient with greater consistency across distributors.

Have your say

Submissions open until 19 December 2025

View consultation

Energy margin information

Collecting financial information from large generators to calculate energy margins for insights into profitability in various market conditions.

Have your say

Submissions open until 8 December 2025

View consultation
Wires
Industry

Setting and enforcing the Code

We set the Electricity Industry Participation Code 2010 - the rules that govern nearly every aspect of New Zealand's electricity industry.

It's each industry participant’s responsibility to comply with industry regulations and the Code, but we're here to support and advise.

We monitor and enforce the rules so that participants operate on a level playing field and consumers are treated fairly.

About the Code