The latest analysis of fuel monitoring data by the Commerce Commission shows genuine benefits for Kiwi motorists from unstaffed petrol stations in offering savings and bringing down prices.
Commissioner, Bryan Chapple, says areas that include at least one unstaffed fuel station within a five-minute drive have prices that are on average six cents per litre lower than those areas without unstaffed stations – though unstaffed stations run by supermarkets don’t have the same effect on competition.
“Our findings reinforce that unstaffed stations are definitely the way to go for cheaper fuel and anyone who has had one open in their area has probably experienced lower prices.
“New Zealanders spend around $10 billion at the fuel pump every year, so even a small reduction in prices can put money back into the pockets of Kiwis.”
Mr Chapple says local councils should be thinking about competition benefits of unstaffed sites in the planning processes and when considering consent applications.
“We’re seeing competition at work, and it’s useful for Kiwi motorists to be aware of, whether they’re driving to work, dropping the kids off at school or heading on holiday – every dollar counts and it’s a pretty good bet that an unstaffed site is going to be your cheapest option.
“This pricing pressure – and motorists choosing to shop wisely – also creates an incentive for staffed sites in the local area to reduce their prices.
“Ultimately, we see consumers benefiting from an increased number of unstaffed fuel sites, while they also have the option of staffed fuel sites with a wider range of services and retail products if that’s what they need.”
