ELECTRICITY PRICING

Low user fixed charge

If you are a low-use electricity consumer it may pay to check you're in the right price category - it could save you money.  We have worked with your electricity retailer to assist low-use electricity consumers who use less than 8,000kWh per year, by offering low fixed charge price categories.

These categories have a combination of low daily charges and higher variable charges when compared with our standard price categories. This means if you use less than 8,000 kWh per year the low fixed charge price categories will be cheaper for you. To check if you're eligible for this price category, visit your retailer's website.

Your electricity retailer should inform you at least annually of how much energy you use, and whether it may be beneficial for you to switch to a low fixed charge category. If you want to know how much electricity you use, which price category you are on or whether you are eligible for a low fixed charge category, get in touch with your retailer - it could save you money. 

Controlled Gas Tariff

On the 1st of April 2016, Vector introduced a new price category for electricity customers connected to our reticulated gas network. If your household uses gas, it may pay to check your retailer’s website to see if you’re eligible for the new price category - it could save you money.

Primarily, this new price category is designed to reward residential customers with a gas connection for the benefit these households deliver to Vector in helping to reduce load during peak periods. Customers with gas connections typically use less electricity during peak periods, which benefits all consumers as it reduces peak demand across the network.

If you want to know whether you’re eligible and would benefit from making a switch, get in touch with your electricity retailer.

An electricity “connection” is defined as one that has: 

• Between 1 - 5 individual electricity connections, or

• Requires less than or equal to 100 amps, or

• Costs $50,000 or less to connect

Otherwise, an electrical connection is deemed a “project”. 

Charges for new electricity connections differ for standard vs non-standard jobs.

A standard electricity connection costs $2,012.50 (including GST) and must meet the following criteria:

• The new connection is residential and urban

• It is a single phase connection

• It requires 60 amps or less 

• Less than 20m of cabling is required

All other electricity connections are considered non-standard and a price will be quoted based on the design and build assessment.

PROJECT PRICING

In the case of sub-division and development connections, the applicant pays 100% of network extension costs upfront, but may be rebated a portion of the initial contribution once customers connect to the network, depending on an incremental profitability assessment.