Pricing Discount FAQs

• What exactly is a Pricing Discount?

  A Pricing Discount is a discount on Northpower’s electricity distribution charges. The saving from this price reduction is paid out to consumers once a year as a lump sum, which is credited to your electricity bill in November or December.

• What will the Pricing Discount mean for me?

  It means that if you meet the eligibility criteria, you will see a credit on your electricity bill in late November or December this year. However, retailers sometimes pay this earlier than expected.

• How do I qualify for the Pricing Discount?

  To qualify as an eligible ICP, an ICP must be supplied from the Northpower electricity network with a registry status of “Active” (Connected) on 1 November 2022, have a current customer of an electricity retailer on that date, and the net consumption advised by the electricity retailers to Northpower for the 12-month period to 30 September 2022 for the ICP must be 1 kWh or greater.

  The amount which each consumer receives for each eligible ICP will be determined by the consumption notified to Northpower by the electricity retailers for the 12-month period to 30 September 2022 in two bands as follows:

  • Eligible ICPs with consumption exceeding 2,000 kWh will receive a single discount of $221 excluding GST.
  • Eligible ICPs with consumption between 1 kWh and 2,000 kWh will receive a single discount of $82.50 excluding GST.

• Will my retailer pass it on?

  Yes – and it does not matter which electricity retailer you are with. All retailers are required to pass-through the Pricing Discount they receive from Northpower on to their customers.