3 ms·
NZD $0.30 = USD$0.20 However, even that can't be compared, because in NZ, electricity charges include all distribution costs. Americans typically only look at
by jpollock 6y ago
NZD $0.30 = USD$0.20
However, even that can't be compared, because in NZ, electricity charges include all distribution costs. Americans typically only look at the generator charge per kwh, ignoring transmission, lines and any daily charges.
The breakdown works out approximately [1]:
30% - generator
10% - national transmission network
26% - local lines operator
20% - retailer
13% - sales tax
New Zealand has split transmission, generation, retail, and the local lines operator into separate companies. There are generators without retail and at one time there were retailers without generation (I think they were all killed by the wholesale market). The government runs long-distance transmission (through a crown corporation) while local lines operators can be private.
The amazing thing is that in a country of <5 million people, there are 22 retailers.
[1] https://www.ena.org.nz/news-and-events/news/your-power-bill-broken-down/ https://www.ena.org.nz/news-and-events/news/your-power-bill-...
[2] https://en.wikipedia.org/wiki/New_Zealand_electricity_market#:~:text=The%20retailers%20are%3A%20Contact%20Energy,Energy%2C%20Powershop%2C%20Pulse%20Energy%2C https://en.wikipedia.org/wiki/New_Zealand_electricity_market...
- postingawayonhn 6y ago> The amazing thing is that in a country of <5 million people, there are 22 retailers. On one hand it's amazing bit on the other it shows a certain level of inefficiency. In my view one of NZ's biggest problems when it comes to productivity is the need to duplicate effort in so many areas.