Author: MIL-OSI Publisher

Consumer NZ expects power prices to increase by about 5% in 2026 – a blow to households already hit with a 12% increase to power bills last year.

Households should brace for another big bump in power prices in the year ahead. The price predictions from Consumer NZ come at a time when nearly half of all New Zealanders are concerned about the cost of their household energy.¹

“Power bills are hiking up because of an increase in lines charges’ costs – that’s the cost of delivering power to your house, and it’s the amount on your bill that stays the same regardless of how much power you use,” said Paul Fuge, Powerswitch manager.

The lines charge makes up just over one-third of the power bill, and a small hike to that fixed cost makes a big difference to monthly bills.

Consumer recommends budgeting for an increase to power bills from the end of April. Customers can expect line charges alone to climb by an average of $5 per month through to 2029.  

“The lines charge will add an average of $5 per month to your bill, but this figure will vary depending on where you live and who your retailer is. As well as the fixed costs, we expect consumers will face increases to the cost of the electricity they use too,” said Fuge.

Why power prices keep going up

The cost of running and maintaining the electricity networks has increased, and this cost flows through to people’s power bills.

“It’s an unfortunate reality that households are being asked to shoulder higher charges to have electricity delivered to their homes. But at the same time, heavy rainfall over summer – so extensive that major hydro lakes are spilling water –has driven down wholesale electricity prices. Those lower generation costs should be easing the pressure on consumers by offsetting these rising lines charges. That doesn't seem to be happening. And that’s deeply unfair.”

The impact of ever-increasing power bills

Consumer’s research found that, last winter, one in five New Zealanders went to bed early to stay warm, one-quarter of people went without heating when it was cold and nearly one in five people cut back on food or other essentials to pay a power bill.²

“These drastic measures to manage power bills are not limited to one age group – young adults, older New Zealanders and everyone in between are being forced into uncomfortable and sometimes unsafe choices.  

“Based on our price predictions for 2026, we think the situation will only get worse,” says Fuge.

Consumer’s tips for managing power price surges

Check you’re on the cheapest plan – Power retailers are constantly changing their offers. Just because you picked the cheapest plan last year, it doesn’t mean it’s the best plan available now. You can find if there’s a plan that’s better for you through the free and independent power comparison website Powerswitch.

Keep your eye out for April price rises – Power retailers typically increase their prices from April. Mark a date in your diary for after 1 April to check in with Powerswitch to see if there are further savings you could make by switching then.

Understand your power usage – If you can do most of your power-hungry activities, like running your washing machine and dryer, in off-peak periods, you could make big savings. Off-peak periods are usually late at night, the middle of the day and weekends. You need to be on a time-of-use plan to save the most from your off-peak power usage. Being careful with when you use your power could potentially help you offset the price rises that we are predicting.

Notes

¹ Consumer NZ Sentiment Tracker January 2026
² Consumer NZ Sentiment Tracker October 2025

Consumer NZ’s Sentiment Tracker is an online survey based on a nationally representative sample of the New Zealand population. Results are weighted by age, gender and region based on Stats NZ 2018 Census data. Respondents are sourced from Dynata, an external panel provider. Surveys are conducted quarterly with at least 1000 respondents, with a margin of error of +/-3.1%.

Kiwis prepared to pay almost 50% more for a three-bedroom home
Getting the bedroom/bathroom combo right can add up to half a million to a home’s price
Renovations can pay dividends, but not all are created equal

Latest data from realestate.co.nz shows an extra bedroom can add anywhere from $150,000 to more than $450,000 to a home’s asking price.

In 2025, the national average asking price for a two-bedroom home was $640,794. This increased to $844,009 for a three-bedroom home, an increase of 31.7%. But the real gains come with the addition of a fourth bedroom, with the average asking price increasing 44.1% to $1,216,635.

 Vanessa Williams, spokesperson for realestate.co.nz, says the price increases highlight how additional space remains a key driver for property value.

“Kiwis are still attracted to more space and see value in that, whether it’s to accommodate a growing family, work-from-home flexibility, or future-proofing an investment.”

However, it is the combination of bedrooms and bathrooms where the biggest gains can be seen.

In 2025, the average asking price of a 3-bed 2-bath home was $987,609. This increased by almost 40% to $1,376,229 for a 3-bed, 3-bath home, a difference of $388,620.

For a bigger home, the average asking price of a 4-bed, 2-bath home was $1,173,682 but increased 44% to $1,690,982 with a third bathroom, a difference of more than half a million dollars.

Within every bedroom category, adding bathrooms pushes prices significantly higher – showing that bathrooms are a major price driver across all home sizes.

Not all upgrades are equal: know your market

Williams says for those homeowners considering a renovation, look at the bigger picture before picking up a hammer, because a reno isn’t always a sure-fire way to increase their sale price.

” We know bedrooms and bathrooms affect average asking prices but before homeowners embark on a renovation, liveability needs to be factored in. An odd layout that adds a bedroom or bathroom but reduces living, dining, or entertaining space, or negatively impacts the flow within a home, is less likely to bring the gains owners are hoping for.”

“Not all renovations are created equal, as buyers are drawn to homes that suit their lifestyle. We always encourage homeowners to think about who they’re renovating for – themselves or future buyers.”

About realestate.co.nz | New Zealand’s Best Small Workplace (2025)

Realestate.co.nz – your home for property search.  

We’ve been helping people buy, sell, or rent property since 1996. Established before Google, realestate.co.nz is New Zealand’s longest-standing property website and the official website of the real estate industry. We are certified carbon neutral (2024 & 2025) and in 2025, realestate.co.nz was crowned Best Small/Micro Workplace in New Zealand by Great Place to Work.

Dedicated only to property, our mission is to empower people with a property search tool they can use to find the life they want to live. With residential, lifestyle, rural and commercial property listings, realestate.co.nz is the place to start for those looking to buy or sell property.    

Whatever life you’re searching for, it all starts here.  

Want more property insights?  

Market insights: Search by suburb to see median sale prices, popular property types and trends over time.  

 Glossary of terms:  

Average asking price (AAP) is neither a valuation nor the sale price. It is an indication of current market sentiment. Statistically, asking prices tend to correlate closely with the sales prices recorded in future months when those properties are sold. As it looks at different data, average asking prices may differ from recorded sales data released simultaneously.  

Price drop reflects the difference between a property's original asking price when listed on realestate.co.nz and its price at the point of sale or withdrawal. While it doesn’t show the final sale price, it provides a strong signal of how much sellers are adjusting to meet buyer demand.

The Royal New Zealand Returned and Services’ Association (RNZRSA) welcomes today’s High Court decision, which confirms that the organisation acted lawfully and in good faith when it adopted transitional provisions under the Incorporated Societies Act 2022 to approve its new constitution.

The Court rejected a challenge brought by a small number of Auckland-based RSAs, finding that the RNZRSA was within its rights to rely on transitional provisions that allowed constitutional changes to pass with the support of 50 percent of votes cast, rather than the 75 percent threshold that previously applied.

In its judgment, the Court held that the 2022 Act intentionally grants incorporated societies greater flexibility during the transition to the new legal regime and allows them to adopt new constitutions using a simplified voting threshold, provided the process is transparent and properly notified.

The Court accepted that the RNZRSA had acted in the best interests of members, noting that they had obtained specialist legal advice before recommending the transitional approach and had clearly communicated the proposed process to its member RSAs. The Court found no evidence of improper purpose, procedural unfairness, or any attempt to circumvent members’ rights. The Court also found that the RNZRSA had undertaken a “careful and thorough planning, drafting and consultation process” for the new constitution.

“We are pleased the Court has confirmed that the RNZRSA followed a sound and legally robust process,” said Board Chair Rhys Jones. “This decision brings clarity and certainty, allowing us to continue modernising our organisation so we can better support veterans and their whānau.”

The Court also recognised that the RNZRSA’s adoption of the new constitution was necessary to ensure timely compliance with the Incorporated Societies Act 2022, which requires all societies to transition to updated governance frameworks, and to allow member RSAs time to adopt their own constitutions.

“We undertook this process in good faith, guided by expert legal advice, and with the best interests of our members and New Zealand’s veteran community at heart,” Jones said. “The High Court’s findings affirm that commitment.

The RNZRSA’s National President Tony Hill welcomed the decision and the opportunity it has provided to continue strengthening the organisation.

“We look forward to moving on as a united group, working constructively with all member RSAs to continue building and strengthening the RNZRSA to meet the challenges of the future, and ensure we are able to support all of our veterans.”

A new study of over 50,000 children in the US found that spending four or more hours a day on screens is associated with a higher prevalence of mental health problems. This association is mediated by reduced physical activity and disrupted sleep routines. (ref. https://www.nature.com/articles/s41599-026-06609-1 )

February 9, 2026. A new Nature Portfolio study reveals that excessive screen time in children is associated with significantly detrimental mental health outcomes across several disorders: ADHD, anxiety, behavioural problems and even depression.

According to clinicians from Flow Neuroscience, a company behind the first FDA-approved non-drug, non-invasive depression treatment, the issue is even bigger than the study reveals, as these children are often overprescribed antidepressants and have limited treatment alternatives due to their age.

Based on data from over 50,000 US children aged 6-17, the study revealed that excessive screen time, categorized as four or more hours per day, is associated with increased odds of mental health issues, raising the likelihood of depression by 61%, anxiety by 45%, behavioural or conduct problems by 24% and ADHD by 21%.

“What is most concerning about these results is the high probability of depression,” says Dr. Hannah Nearney, M.D., clinical psychiatrist and UK Medical Director at Flow Neuroscience. “While there are effective treatments for depression, treatment from a young age can present challenges that may further negatively impact a patient’s life, partly due to the side effects associated with antidepressant use. Unfortunately, non-drug alternatives are often limited to talking therapy, leaving a gap in the provision of services and exposing vulnerable children to increased risk.”

According to the study, physical activity emerges as the most influential protective factor between screen time and mental health problems, accounting for up to 39% of that relationship.

In comparison, irregular bedtimes are culpable for up to 23,9%, and short sleep duration explains around 7,24% of the relationship between screen time and mental health issues.

“What’s most important is that we now know the main determinants and protective factors regarding a range of mental health issues in children. The odds can be significantly reduced with adjustments in behaviours such as physical activity, and expanding the tools we can use to combat these illnesses,” highlighted Dr. Nearney.

The data from the study also indicated that this problem will escalate, as nearly one in every three children spends too much of their time in front of screens, suggesting the behaviour is normalized.

Meeting guidelines for physical activity (which is more than 60 minutes per day) is already low, with only one out of five children achieving this standard. And just one out of four children maintains a consistent weekday bedtime routine.

Given the limitations and risks associated with prescribing SSRIs to children, including a small but measurable increase in suicidality, there is a growing need to explore alternative, non-pharmacological treatments.

In this context, the first FDA-approved non-drug treatment, based on transcranial direct current stimulation (tDCS), is expected to become available in the US later this year. However, it is not approved for children under 18.

“Due to long waiting times, not enough attention is given to children and adolescents with mental health problems such as depression. Too often, they’re pushed into the trial-and-error pathways with antidepressants, even at a young age. We hope that such tools as brain stimulation will become available for these young people too, but what we can do in the meantime is to follow the suggestion of studies like the latter one, and not only avoid screen time, but also regulate our sleep schedules, add physical activity to children’s daily lives, and explore other similar options,” highlighted Dr. Nearney.

Even though currently, children don’t have non-drug, at-home, FDA-approved tools for depression treatment, an increasing amount of research supports that such technologies as tDCS are safe for pediatric use.

In the meantime, this Nature study reframes youth mental health as largely a preventable behavioural challenge and shows that many risks stem from modifiable habits like screen use, physical activity, and sleep.

About Flow Neuroscience

Flow Neuroscience is a healthcare company that focuses on tDCS therapies and devices. In 2016, it was co-founded in Sweden by Daniel Mansson, a clinical psychologist, and Erik Rehn, an engineer. Erin Lee joined as CEO in 2022, having previously worked at Google, Uber, and Babylon, and the company is now based in the UK. Flow is the only at-home medical tDCS device with clinically proven effectiveness in treating depression, approved in all major markets: by the American Food and Drug Administration (FDA), the UK’s National Health Service (NHS), the Australian Therapeutic Goods Administration (TGA), and having passed regulations in Europe, Norway, Switzerland, and Hong Kong.