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New Zealand's electricity prices may slightly drop in 2026 due to more generation and rain, but bills won’t fall much due to limited competition.
Electricity prices in New Zealand are expected to remain stable or see a slight decrease in 2026 due to increased generation investment and improved hydro supply from recent rain and snowfall.
Consumer NZ says most households won’t see significant bill reductions amid ongoing cost-of-living pressures.
The market remains highly concentrated, with nearly 90% controlled by a few large generator-retailers, limiting competition.
The group is calling for structural reform to improve affordability and fairness, urging political action ahead of the next election.
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Los precios de la electricidad de Nueva Zelanda pueden bajar ligeramente en 2026 debido a más generación y lluvia, pero las facturas no bajarán mucho debido a la competencia limitada.