We are a kaitiaki of electricity

New Zealand's electricity regulator

Hedge market summary report – February 2026

We publish monthly hedge market summary reports to support transparency and build confidence in the market. The reports help electricity market participants un…

How thermal generation costs affect wholesale electricity spot prices

New Zealand’s electricity is generated from hydro, wind, solar, geothermal and thermal fuels. Thermal fuels include coal, natural gas and diesel and are an imp…

Members appointed to new Network Services Technical Group

We have appointed 16 members to the newly-formed Network Services Technical Group.

Our projects
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Distribution connection pricing reform

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

Have your say

Submissions open until 20 March 2026

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Energy Competition Task Force

Investigating actions to strengthen the performance of the electricity market for the benefit of all consumers.

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Submissions open until 24 March 2026

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Improving consumer choice

Supporting consumer information, comparison and switching initiatives.

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Submissions open until 26 March 2026

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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