Understanding our Home Pricing plans
We want you to understand what your energy bill is made up of so we've written a step-by-step guide to understanding our pricing plans.
See our gas and electricity pricing plans.
Below we've explained the differences between our two residential pricing plans so you can check whether you're on the best plan for your household.
At Genesis Energy we want to make sure you are on the best pricing plan for your energy needs. That's why we've introduced our Price Plan Check.
This is our low fixed-charge plan and is generally the best plan for customers who use 8,000 kWh or less of electricity each year (9,000 kWh or less for lower South Island customers, refer to area map). The lower daily fixed charge on this plan means it is usually more cost-effective for lower energy users. This plan is only available for primary residences - not holiday homes and other properties you may own.
This is generally the best plan for customers using more than 8,000 kWh of electricity each year. (more than 9,000 kWh for lower South Island customers, refer to area map).The lower variable charge(s) on this plan means that it is usually more suitable for higher energy users.
Both of these plans are made up of a daily fixed charge and a variable charge or charges. A variable charge is the cost of the amount of electricity you use, whereas the daily fixed charge covers the fixed cost of supplying energy to your property.
You can have different variable charge(s) depending upon the type of meter you have. Variable charges may include the following:
This rate is for the supply of electricity at the same price 24 hours a day. Supply to this type of meter cannot be "controlled".
This rate is for the controlled supply of electricity to selected appliances that are permanently wired to a separate meter. This means that the electricity supply for a hot water cylinder, for example, can be turned off during peak times for an allocated period determined by the Network company.
This rate is a combination of the Anytime and Controlled rates but electricity is supplied through a single meter. Supply to permanently wired appliances, e.g. a hot water cylinder, can be turned off during peak times for an allocated period determined by the network company.
These rates are for customers who use an above-average amount of electricity at night. Different rates apply for day (typically 7am-11pm) and night (typically 11pm-7am). There are no restrictions on which electrical appliances you use at night; you choose when you want to operate them.
This rate is for the supply of electricity to a separately metered appliance that is used only at night, e.g. a night storage heater. Typically this will be for an 8 hour period between 11pm and 7am.
Night Plus/Night Boost
This rate is for the supply of electricity to a separately metered appliance that is used only at night, e.g. a night storage heater. Typically this will be for an 8 hour period between 11pm and 7am and includes a "boost" period. The appliances are permanently wired to a separate meter and the electricity supply is subject to unscheduled interruptions.
These rates are only available for electricity supply to 3-register meters with consumption of more than 25,000kWh per year. Triple Saver has different rates for night, peak and off-peak times. Typically Night rates apply between 11pm - 7am, Peak rates apply between 7am - 11am and 5pm - 9pm and Off-Peak rates apply between 11am - 5pm and 9pm - 11pm.
These rates are for the controlled supply of electricity to selected appliances that are permanently wired to a separate meter. Different rates apply for day (typically 8am - 12am) and night (typically 12am - 8am).
We have two main residential gas pricing plans, the Lifestyle Plan and the Convenience Plan. These plans have been formulated to suit different patterns of gas usage.
This is generally the best plan for customers using more than 4,000 kWh of gas each year. The lower variable charge(s) on this plan mean that it is usually more suitable for higher energy users.
This is our low fixed-charge plan and is generally the best plan for customers who use 4,000 kWh or less of gas each year. The lower daily fixed charge on this plan means that it is usually more suitable for lower energy users.
Like our electricity plans, our gas plans are made up of a daily fixed charge and a variable charge. The variable charge is the cost of the amount of gas you use whereas the daily fixed charge covers the cost of supplying gas to your property. For gas plans there is only one type of variable charge rather than the different types available with electricity pricing plans.
LPG Bottled Gas Pricing
We have two types of LPG bottled gas plans – flexible or fixed:
LPG Bottled Gas Smart Plan (our flexible plan)
On this plan, there's no contract term and you'll:
- Pay a monthly bottle rental charge (for two 45kg bottles) at the end of your first month or when you place an order, whichever is the earliest, and
- Pay a gas bottle refill charge each time you order
- Receive a 10% prompt payment discount
Note: If you're a dual fuel customer you'll receive an additional 2% prompt payment discount and your monthly rental charges and gas bottle refill charges will be on one bill along with your electricity charges.
LPG Value Plans (our fixed plans)
On these plans, you sign-up to a 12 month term, and you'll:
- Pay a flat rate monthly charge that includes either 3, 6, 12, or 24 bottles per annum (plan charges and bottles vary depending on plan selected)
- Pay a charge for additional bottles (varies depending on plan)
- Be sent your first bill within 45 days of joining the plan
Get an independent view - if you want to know how our pricing plans compare to other suppliers visit powerswitch, an independent pricing review completed by the Consumers Institute. Note: Powerswitch does not include bottled gas pricing.