Our strategy and priorities
We're working with the sector to enable decarbonisation, electrify the economy and achieve a net zero carbon future.
On this page —
Our vision
Our vision is for consumers to have choices in accessing the energy they need now, and in the future, to ensure they and New Zealand prosper.
Our strategic outcomes
We want to achieve an affordable, secure and resilient electricity system that protects domestic and small business consumers and improves long-term outcomes for all consumers and New Zealand. To achieve this, we are working to deliver an efficient and competitive electricity market that works for the long-term benefit of consumers.
To deliver our two strategic outcomes, 'affordable' and 'secure and resilient', we have defined outcomes to achieve over the short, medium and long-term.
1. Affordable
We're working to achieve the following outcomes to deliver our overall outcome of consumers having easy access to affordable electricity, and many choices of electricity supplier to meet their needs.
Short term outcomes (2025-26)
- Most consumers and innovators have access to simple, relevant, real-time data to make choices that drive affordability, and they are aware of its availability
- More consumers make informed, cost-saving choices, driven by increased use of tools
- Barriers to accessing innovative solutions that improve affordability and equity are identified and appropriately addressed
- Strengthened transparency and accountability drives greater market efficiency and competitiveness, supporting improved affordability
Medium term outcomes (2027-30)
- All consumers and innovators have access to simple, relevant, real-time data to make choices that drive affordability, and they are aware of its availability
- Consumers are confident they are on the right plan and have access to tools and products to support this
- Clear and accountable information continues to drive great market efficiency and competitiveness, leading to improved affordability
Long term outcomes (2030+)
- Consumers have simple and compelling choices to access affordable electricity
- Advice and information is available to all consumers so they can make choices about their power and can get the best value
- A competitive, efficient and transparent market is driving affordability
- Consumers and communities benefit from their investment in generation, storage and managing their load on networks
2. Secure and resilient
We're working to achieve the following outcomes to deliver our overall outcome for New Zealand’s electricity supply to be reliable, secure and able to recover quickly from shocks.
Short term outcomes (2025-26)
- Participants are adequately engaged and prepared to deal with near-term market supply issues
- Consumers, investors and innovators have trust and confidence that issues in the electricity market will be identified and addressed
- Regulatory environment enables increasing diversity of generation and other sources of security
Medium term outcomes (2027-30)
- Rules enable a changing electricity system (eg, two-way power flows and evolving expectations)
- Consumers and communities are enabled to protect themselves against risks to their security of supply
- Broader system risks, such as supply chains and workforce, are monitored and appropriately addressed
- Any emerging barriers to diversity of generation and other sources of security are identified and appropriately addressed
Long term outcomes (2030+)
- A diverse range of renewable electricity solutions are integrated into the power system (eg, local generation and sharing), without compromising security of supply
- Electricity infrastructure is fit for purpose and can bounce back from shocks (eg, cyber attacks and natural disasters)
- Emerging risks and shocks to the power system are anticipated and averted as part of an effective regulatory system
Powering the future
