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.
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.
You will receive this in the same way that you may have received a Northpower Trust distribution last year, except this year the credit for most people will increase from $120 to $220.80 (inc GST).
You qualify if you have an active electricity connection (an ICP) to the Northpower Network on 1 November 2019.
The discount will depend on how much electricity you have consumed in the previous 12 months. If you used:
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.