Search

Genesis Energy Review - Prices, Discounts, Deals, Tariffs and Fees

Our guide explains Genesis Energy's pricing, bonuses, contracts, pros and cons and must-know facts, and how it compares to other power companies for residents of Auckland, Hamilton, Wellington, Christchurch and Dunedin.
Updated 23 July 2026
Genesis Energy in a Nutshell
  • Genesis Energy is New Zealand’s largest electricity retailer by market share and is part-owned by the New Zealand government.
  • Thanks to its several generation plants across the country, Genesis Energy’s network serves every corner of New Zealand, with more than 400,000 Single Installation Control Points (ICPs), representing 23% of the total retail electricity market.
  • Plans and Pricing: Genesis Energy offers two residential plans: the PowerHome Plan for households without EVs and the EVHome Plan, which offers discounted rates at nighttime.Both plans are open-term and have no exit fees. 

Our review: To help you understand how Genesis Energy works and the pros and cons of their plans, our guide covers:
  1. Genesis Energy Prices 
  2. Genesis Energy Plans
  3. Our Conclusion
  4. ​Frequently Asked Questions

Genesis Energy Price Analysis

Our Price Comparison Research and Results:

How green is Genesis Energy?

Genesis Energy owns and operates a number of renewable generation power plants around New Zealand.

Genesis Energy Plans - "PowerHome" vs "EVHome"

Genesis Energy PowerHome Plan Review
  • The Flexi Plan provides a no-commitment option for customers who value flexibility. It has no fixed term or exit fees. The plan also includes "Power Shout" hours, allowing free electricity use during selected times.
The Pros:
  • Flexible plan with no exit fees or long-term commitment.
  • Power Shout hours provide opportunities for free electricity use at scheduled times.
The Cons:
  • No discounted rates at nighttime, these are only available on Genesis Energy's EVHome Plan.

Genesis Energy EVHome Plan Review
  • The Energy EVHome Plan is tailored for electric vehicle owners, offering discounted electricity rates at night and access to discounted charging at eligible public EV fast charging stations through EVerywhere. Like their other plan, it includes free hours of electricity in the form of Power Shout hours.
The Pros:
  • Significantly reduced electricity rates during nighttime hours (9pm–7am).
  • Optional add-on allows access to discounted public EV charging: EVerywhere.
  • Includes Power Shout hours for free electricity use.
The Cons:
  • Requires an eligible plug-in hybrid or fully electric vehicle.
  • Nighttime rate discounts apply only to the variable portion of the bill.
Be aware:
  • Ensure your vehicle qualifies for the plan before signing up.
  • Evaluate if you can shift most of your usage to the night time to take advantage of the discounted rates.

Genesis Energy Conclusion

To determine which plan best suits your needs, you’ll need to consider the following:
Lifestyle and Convenience
  • The PowerHome Plan is best for individuals who prioritize flexibility and prefer not to be tied to a contract. This plan works well for those who don’t want to commit to a fixed term and don't own an Electric Vehicle.
  • The EVHome Plan is specifically designed for electric vehicle owners who can take advantage of reduced nighttime electricity rates and discounted public charging. To make the most of this plan, customers would shift their energy consumption to the nighttime hours and use EV fast charging stations with EVerywhere.
  • Additional Benefits
    Genesis Energy provides added value through occasional Power Shout hours, enabling free electricity use during scheduled periods. The EVHome Plan further extends benefits with discounted rates for EV charging, supporting a sustainable lifestyle for electric vehicle users.

Genesis Energy Frequently Asked Questions

To help you decide if Genesis Energy is right for your home, we've published a number of frequently asked questions.

What does Genesis Energy cost per month, and is it the cheapest?

What you pay depends on where you live, how much energy you use and what plan you're on. Our electricity comparison guide has more information about estimated costs and how it compares to other companies.

Is Genesis Energy available at my address?

Most likely - you'll need to type in your address to see if you're covered.

What does a Genesis Energy bill look like, and how do I pay?

This video explains how the bill appears, what everything means and when it's due. Genesis Energy accepts direct debits and credit cards - your can read more from their ways to pay your power bill guide.

Does Genesis Energy use renewable sources of electricity?

Yes - Genesis Energy owns and operates a number of renewable generation power plants around New Zealand.
Related Guides