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Domestic fuel adjustments

Variable Fuel Factor

November 20257.90%
October 20257.80%
September 20257.70%

Road User Charges

Recently the government announced another increase to the current Road User Charges (RUC’s). As such please be aware that effective June 29th 2020 RUC charges will increase from 4.2% to 4.5%.

Implementation DateRUC Surcharge
June 20204.50%
July 20194.20%
October 20183.90%

Temporary Service Continuity Surcharge

Implementation DateTemporary Service Continuity Surcharge
October 20180.00%
September 20184.00%
August 20186.00%

Domestic Variable Fuel Factor Table

Diesel PriceVFF % increase
$1.44 – $1.455.00%
$1.46 – $1.475.10%
$1.48 – $1.495.20%
$1.50 – $1.515.30%
$1.52 – $1.535.40%
$1.54 – $1.555.50%
$1.56 – $1.575.60%
$1.58 – $1.595.70%
$1.60 – $1.615.80%
$1.62 – $1.635.90%
$1.64 – $1.656.00%
$1.66 – $1.676.10%
Click here to show more data

Domestic Variable Fuel Factor FAQ

What is a Variable Fuel Factor (VFF)?

The Variable Fuel Factor (VFF) is a charge that is applied to Domestic Courier Services to off-set the current fuel volatility. The total price you pay for a courier product/service will comprise of two components – the base price and the variable fuel factor. Multiplying the base price by the variable fuel factor will give the total price.

How much will the VFF cost me?

The VFF will be calculated on the first day of each month and will be based on the average diesel price (adjusted for regional fuel taxes) from two months earlier. By using this mechanism, we can:

Provide transparency for customers to see how it is calculated

Take into account any shifts in the price of fuel that impact significantly on the price of moving courier items

We at Post Haste recognise the increased cost of fuel (VFF) is adding to your business and that the increased price of diesel is growing at a higher rate than previously experienced.
Accordingly, we have revised our mechanism. Instead of a 0.1% increase for every additional $0.01 in the average pump price*, we have slowed the rate to 0.1% for every $0.02 increase.

We have published a revised table. As we don’t anticipate fuel dropping below $1.45 we have used this as the new trigger point (from $0.95 historically) and fuel will increase/decrease at the slower rate, from this base.

*Average diesel price (adjusted for regional fuel taxes) as published by the Ministry of Economic Development – we will calculate the VFF for any given month using the average diesel prices from two months earlier.

What does this mean for me?

The current diesel rates of $1.89 under the historical pricing mechanism meant a VFF rate of 9.7%. Under the revised mechanism, the rate is 7.4%.

VFF will be rounded up to the nearest cent; this is updated monthly and will be automatically adjusted on your invoice.

The rates for our Variable Fuel Factor will be recalculated on a monthly basis.

Will I be notified of each increase?

Our website will be updated each month, detailing the increase/decrease for that month. 

How does the Emissions Trading Scheme impact VFF?

The New Zealand Emissions Trading Scheme (ETS) is part of the Government’s primary response to global climate change. Effective 1st July 2010 an additional tax will be applied to fuel, and passed on through the pump price. For more information on the ETS, visit www.mfe.govt.nz/ets.

Existing pages:

https://www.castleparcels.co.nz/fuel.html https://www.posthaste.co.nz/fuel.html

  • Fuel and road user charge details and tables