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Waikato · Powerco

Power prices in Thames

What a typical household pays for electricity in Thames, where the money goes, and how the price has moved over the last 22 years.

Average price, May 2026

44.03cper kWh, incl GST

Against the national average
4.7% above 42.04c
Rank
21st dearest of 42
A year at this price
about $3,522

MBIE's Quarterly Survey of Domestic Electricity Prices, May 2026. It prices a household using 8,000 kWh a year on a low-user plan, paying on time and taking any prompt-payment discount, with controlled hot water, against publicly advertised tariffs on the survey date — so it is a market indicator, not a quote, and not what any particular household paid. See the source data.

22 years

How the price has moved in Thames

In February 2004 the Thames average was 17.56c per kWh. It is now 44.03c — a rise of 151%.

0c10c20c30c40c50c20052010201520202025
ThamesNew Zealand averageFebruary 2004 – May 2026, cents per kWh incl GST
Last 12 months
+7.2%

from 41.08c in May 2025

Last 5 years
+34.3%

from 32.79c in May 2021

Since February 2004
+150.7%

from 17.56c in February 2004

The breakdown

Where a Thames power bill goes

Lines charges are 42% of a Thames power bill, against 40% nationally. They are the part that changes most between towns — and the part switching cannot move.

Lines charges
18.45c/kWh · 42%

Powerco's charge for getting power to the property. Fixed by where you live — switching retailer does not change it.

Energy, metering and retailer
25.58c/kWh · 58%

The part your power company controls, and the part a switch can move.

MBIE splits the 18.45c lines component again, into an estimated 3.38c of transmission and 15.07c of distribution and other pass-through costs. It flags the transmission figure as an estimate — in some areas it absorbs charges that are not really transmission — so it is shown here as MBIE publishes it, with the same caveat attached. The energy figure is derived by subtracting lines from the total.

Your network

Thames is on the Powerco network

Lines company
Powerco
Network reporting region
Thames Valley (Powerco)
Faults and outages
0800 27 27 27

The lines company owns the poles and wires and is set by where you live — you cannot choose it, and switching power company does not change it. Your power company is the one you choose, the one that bills you, and the part of the price you can actually move.

Compare 8 power companies in Thames

Switching will not change the 18.45c lines charge, but the 25.58c on top of it is set by your power company. Answer a few questions and we will show you what the companies we work with offer at your address.

Compare power companies

Power prices in Thames — common questions

How much does power cost in Thames?

As at May 2026, electricity in Thames averaged 44.03c per kWh including GST. For a household using 8,000 kWh a year on a low-user plan, paying on time and taking any prompt-payment discount, with controlled hot water, that works out to roughly $3,522 a year. That is 4.7% above the national average of 42.04c, making Thames the 21st most expensive of the 42 towns MBIE surveys.

Why is power more expensive in Thames?

Lines charges are the part of a power bill that changes most from town to town, because every area is served by a different network. In Thames the lines component is 18.45c per kWh — 42% of the total, against 40% nationally. The remaining 25.58c covers energy, metering and retailer costs, which vary far less by location.

Who is the lines company for Thames?

Powerco. Thames sits in the Thames Valley (Powerco) network reporting region, and Powerco owns and maintains the poles and wires — so they are who you call in a power cut, not your power company. Their faults line is 0800 27 27 27. Your retailer is who you choose and who bills you; the lines company is fixed by where you live.

Has power got more expensive in Thames?

Yes. In February 2004 the Thames average was 17.56c per kWh; by May 2026 it was 44.03c — a rise of 151% over 22 years. Over the last twelve months alone it rose 7.2%.

Can I get a cheaper power plan in Thames?

Possibly. The MBIE figure is an average of publicly advertised tariffs across Thames, not a quote — what you pay depends on your usage, your meter and which company you are with. Switching retailer does not change the 18.45c lines component, but it does change the 25.58c that sits on top of it. Comparing the companies we work with is free and takes a couple of minutes.

Compare nearby

Other towns we track

Also on the Powerco network

Thames is the only town we track on this network.

Elsewhere in Waikato

Priced either side of it

See all 42 towns MBIE surveys, ranked by price.