We are a kaitiaki of electricity
New Zealand's electricity regulator
News
View all newsHedge 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.
Consumer Care Obligations
Register for the Industry Exercise
Our projects
View all projectsDistribution connection pricing reform
Improving connection pricing methodologies so they’re more efficient with greater consistency across distributors.
Energy Competition Task Force
Investigating actions to strengthen the performance of the electricity market for the benefit of all consumers.
Improving consumer choice
Supporting consumer information, comparison and switching initiatives.
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.