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Variable fuel factor.

The frequent fluctuations in the price of fuel has impacted on many New Zealand businesses. We have maintained our vigilance in regards to cost control however it became clear in recent years that we needed to introduce a flexible element in our pricing structure to take into account the variable nature of fuel costs.

VARIABLE FUEL FACTOR TABLE AS AT 2ND JULY 2012
Pump price Incl GST
VFF %
$1.23
2.0%
$1.24
2.1%
$1.25
2.2%
$1.26
2.3%
$1.27
2.4%
$1.28
2.5%
$1.29
2.6%
$1.30
2.7%
$1.31
2.8%
$1.32
2.9%
$1.33
3.0%
$1.34
3.1%
$1.35
3.2%
$1.36
3.3%
$1.37
3.4%
$1.38
3.5%
$1.39
3.6%
$1.40
3.7%
$1.41
3.8%
$1.42
3.9%
$1.43
4.0%
$1.44
4.1%
$1.45
4.2%
$1.46
4.3%
$1.47
4.4%
$1.48
4.5%
$1.49
4.6%
$1.50
4.7%
$1.51
4.8%
$1.52
4.9%
$1.53
5.0%
$1.54
5.1%
$1.55
5.2%
$1.56
5.3%
$1.57
5.4%
$1.58
5.5%
$1.59
5.6%
$1.60
5.7%
$1.61
5.8%
$1.62
5.9%
$1.63
6.0%
$1.64
6.1%
$1.65
6.2%
$1.66
6.3%
$1.67
6.4%
$1.68
6.5%
$1.69
6.6%
$1.70
6.7%
The current fuel factor % for domestic services is:
Pump price Incl GST
VFF %
VFF + AKL Regional Tax
November 2019
6.6%
7.6%
October 2019
6.1%
7.1%
September 2019
6.1%
7.1%
August 2019
6.8%
7.8%
July 2019
7.1%
8.1%
June 2019
7.7%
8.7%
May 2019
6.9%
7.9%
April 2019
6.0%
7.0%
March 2019
5.5%
6.5%
February 2019
5.7%
6.7%
January 2019
7.3%
8.3%
December 2018
8.7%
9.7%
November 2018
8.2%
9.2%
October 2018
7.2%
8.2%
September 2018
6.5%
7.5%
August 2018
6.6%
7.6%
July 2018
6.4%
7.4%
June 2018
5.2%
May 2018
4.7%
April 2018
5.0%
March 2018
5.2%
February 2018
5.2%
January 2018
5.0%
December 2017
4.1%
November 2017
3.9%
October 2017
3.2%
September 2017
2.2%
August 2017
3.0%
July 2017
3.8%
June 2017
4.0%
May 2017
4.0%
April 2017
4.3%
March 2017
4.2%
February 2017
3.5%
January 2017
2.8%
December 2016
3.2%
November 2016
2.5%
October 2016
2.1%
September 2016
2.1%
August 2016
2.9%
July 2016
2.4%
June 2016
0.7%
May 2016
0.5%
April 2016
0.0%
March 2016
0.0%
February 2016
0.9%
January 2016
1.80%
December 2015
1.90%
November 2015
2.20%
October 2015
2.00%
September 2015
2.70%
August 2015
3.00%
July 2015
2.80%
June 2015
1.80%
May 2015
1.90%
April 2015
1.40%
March 2015
1.00%
February 2015
2.70%
January 2015
3.90%
December 2014
4.50%
November 2014
4.70%
October 2014
4.60%
September 2014
4.60%
August 2014
4.90%
July 2014
4.70%
June 2014
4.40%
May 2014
4.70%
April 2014
4.70%
March 2014
5.00%
February 2014
5.30%
January 2014
4.70%
December 2013
4.70%
November 2013
5.20%
October 2013
5.00%
September 2013
5.20%
August 2013
4.60%
July 2013
4.10%
June 2013
4.50%
May 2013
5.00%
April 2013
4.90%
March 2013
5.00%
February 2013
4.90%
January 2013
4.90%
December 2012
5.20%
November 2012
5.40%
October 2012
5.10%
September 2012
4.20%
August 2012
4.30%
July 2012
5.30%
June 2012
3.40%
May 2012
3.30%
April 2012
2.80%
March 2012
3.50%
February 2012
3.60%
January 2012
2.90%
December 2011
2.40%
November 2011
2.30%
October 2011
2.10%
September 2011
2.40%
August 2011
2.60%
July 2011
3.50%
June 2011
4.30%
May 2011
3.50%
April 2011
1.70%
March 2011
1.20%
February 2011
0.80%
January 2011
0.19%
December 2010
0.00%
November 2010
0.00%
October 2010
0.00%
September 2010
0.00%
August 2010
0.00%
July 2010
0.00%
June 2010
0.00%
May 2010
0.00%
April 2010
0.00%
March 2010
0.00%
February 2010
0.00%
January 2010
0.00%
December 2009
0.00%
November 2009
0.00%
October 2009
0.00%
September 2009
0.00%
August 2009
0.00%
July 2009
0.00%
June 2009
0.00%
May 2009
0.00%
April 2009
0.00%
March 2009
1.50%
February 2009
2.00%
January 2009
3.80%
December 2008
5.20%
November 2008
6.80%
October 2008
8.10%
September 2008
8.90%
August 2008
8.70%
July 2008
7.07%
June 2008
4.22%
Click here to view previous month's data

FAQS

Fuel costs are a significant cost to our contractors’ businesses and a Variable Fuel Factor was introduced in June 2008 to recover some of the increased costs of diesel. The majority of this is passed on to our contractors so they are able to cover these additional costs.

As the cost of fuel fluctuates on a regular basis we are unable to set an across the board VFF.
We use the monthly price of diesel to determine what the VFF rate will be which has a lag. I.e. the diesel price in January will be used to determine what the VFF will be effective 1st March.

We will use a base rate of $0.95 (diesel pump price including GST).
Every 1c movement above $0.95 in the average pump price, will result in an increase of 0.1% in our pricing. The average diesel pump price is published by the Ministry of Economic Development. The VFF is updated monthly and automatically adjusted on your invoice.
If the average monthly diesel price reduces below the base rate of $0.95, the variable fuel factor will be 0%

The Variable Fuel Factor calculation is based on a lag to give our customers adequate notice of the fuel factor percentage. Our website will be updated each month detailing the increase/decrease for that month.

We review the VFF each month using the average diesel price from months prior. The VFF is updated monthly on our website.

No. The fuel factor does not apply to bicycle services or surcharges.

The VFF is here to stay, however if the price of diesel falls below our baseline price of $0.95 the VFF% will drop to zero.