Rising power prices and dependence on fossil fuels are being blamed for worsening cost-of-living pressures across Aotearoa.

New figures show electricity and fuel costs are among the biggest contributors to inflation, with households feeling the impact as essential expenses continue to climb.

Political voices say the country’s reliance on volatile global fossil fuel markets is leaving New Zealand exposed to price spikes, with petrol and diesel costs feeding directly into everyday expenses.

Electricity prices have also surged well above the overall rate of inflation, adding further strain on whānau already struggling with housing, food and transport costs.

The combined pressure of higher fuel and power bills is being described as a key driver of the current cost-of-living crisis, with concerns that it disproportionately affects low-income households.

Advocates argue the situation highlights the need for a stronger focus on renewable energy and electrification, reducing reliance on imported fuels and creating more stable, affordable energy systems.

They say transitioning to locally generated renewable energy could help shield households from global price shocks while also addressing climate concerns.

The issue is expected to remain a major point of debate, as policymakers consider how best to ease cost pressures while ensuring long-term energy security.

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