Wholesale power price
Pay the real-time, wholesale price of power.
Ride the highs and lows of the wholesale market with variable kWh rates that change every half hour.
Due to continued wholesale market volatility we've stopped offering our wholesale plan to new customers for the time being until we have more confidence in the wholesale market.
Why choose Wholesale?
Pay the real-time, wholesale price of power - it's the real deal. Access wholesale electricity, monitor prices and use your power when it costs you less. Did we mention no lock ins or exit fees?
This plan is for you if:
Riding the highs and lows of the wholesale market is your thing.
You’ve got the flexibility to shift your power usage to when the wholesale price is low.
You’re comfortable with no fixed rates.
How Wholesale works:
Purchase your power straight from the wholesale market, where prices change every 30 minutes.
Monitor prices on the Flick app and shift your usage to outside of peak times when it costs you less.
When the wholesale price drops, so do your bills
Be aware of the risks
When demand for electricity is high, wholesale prices rise
Price spikes do happen and can result in unexpected large bills
If you choose Wholesale and change your mind, no worries – swap plans anytime
More reasons to choose Flick
Award-winning customer service for energy providers
Choose when you pay with our flexible billing
We make sure you’re on the best Flick power plan for you
FAQs
What is wholesale pricing?
Wholesale pricing (also known as the 'spot price of electricity') is the cost of buying electricity directly from the wholesale market. Spot prices don’t sit still for long, changing every half hour and shifting up or down depending on market influences. You can read more on our blog 'What the Flick is Spot Pricing?'.
Why do wholesale prices change?
Lots of reasons! Mostly, it’s related to supply and demand, so that when demand for power is high and supply is stretched, spot prices are usually higher, and when demand drops and supply levels even out again, spot prices tend to move downwards too.
But it ain’t a simple industry (sorry folks!), so there’s also a number of other factors at play here, too. Weather conditions and temperatures, the availability of renewable generation, and any outages or problems with our electricity infrastructure can also influence where spot prices sit.
What's the wholesale price right now, in my region?
You can see live spot prices for every region on the EMI's Wholesale Information Trading System. Spot prices are updated every 5 minutes.
How do I switch from Wholesale to another Flick plan?
You can switch to another Flick plan from your dashboard, or by contacting our Customer Team on 0800 435 425.
Are wholesale prices different around the country?
Generally, because the majority of hydro lakes are in the South Island, spot prices tend to be lower for our southern Flicksters compared with, say, those living in the balmy climes of Auckland.
What are Wholesale plan terms and conditions?
You can read our full Wholesale plan terms and conditions here.